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At Mother Jones, a 48-year-old nonprofit magazine specializing in politics and investigations, the implications were dramatic. "The firehose of Facebook traffic was never going to pay for our journalism, for the majority of our journalism," Bauerlein said. Last decade, many publishers saw their "social traffic decline pretty dramatically," with Facebook deprioritizing text-based articles in favor of video content, Cholke said. "If we all end up finding news in the metaverse, then you'll be finding Mother Jones in the metaverse," she said. What Mother Jones won't do, she said, is "bet everything on one platform, because that never works out."
Persons: Mark Zuckerberg, Sen, John Kennedy, Bill Clark, Reuters Mother Jones, Monika Bauerlein, Mother Jones, Meta, Donald Trump, Bauerlein, Jill Nicholson, Nicholson, Zuckerberg, David Carr, Carr, We've, Meta hasn't, It's, Similarweb, Sam Cholke, John S, Adams, Jonah Peretti, " Peretti, Jessica Probus, BuzzFeed's, BuzzFeed, Probus, Cholke, that's, Chartbeat's Nicholson, Mathew Ingram, Facebook, Ingram, Pew, Elisa Shearer, influencers, Jones Organizations: Facebook, Reuters, Mother, CNBC, Google, Meta, Daily, Comcast, Vice Media, Institute for Nonprofit News, Texas Tribune, Montana Free Press, The Texas Tribune, Institute for Nonprofit, Longtime, Columbia Journalism, Pew Research Center, Pew Locations: Washington, France, Germany, Australia, Helena, American
The generative AI future will not be free
  + stars: | 2024-01-19 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +6 min
Our paid AI futureToday, we're at the start of a similarly exciting new technology wave with generative AI. Even Google, the master of free online services, is considering paid subscriptions for some of its new AI offerings. So, why will generative AI offerings be paid from the start? One possible answer is that ads may not work as well in this new generative AI future. Charging for new generative AI services is one way to create new earnings.
Persons: , Chris Anderson, Stephen Colbert, Colbert, Alexa, Insider's Eugene Kim, Sundar Pichai, Bard chatbot, Oren Etzioni, Dave Limp, Etzioni, Goldman Sachs, Goldman Organizations: Service, Business, Facebook, YouTube, Google, Engadget, Alexa, Big Tech, Apple, Microsoft, Meta Locations: Silicon, we're
Jewells Chambers relocated from Brooklyn to Iceland in 2016 and says it's cheaper and safer. AdvertisementThis as-told-to article is based on a conversation with Jewells Chambers, who relocated from Brooklyn to Iceland in 2016 and produces the podcast "All Things Iceland." Compared to Brooklyn, Reykjavik is nothing. When I go back to New York, I'm like a kid in a candy store. I think this was a great decision and I feel really secure and like I was meant to be here.
Persons: Jewells Chambers, Chambers, , Grace Dean, I've, it's, they've, , that's, would've Organizations: Service, Costco, Foods, Facebook Locations: Brooklyn, Iceland, Reykjavik, New York, York, London
CNN —A nationally recognized online disinformation researcher has accused Harvard University of shutting the project she led to protect its relationship with mega-donor and Facebook founder Mark Zuckerberg. The allegations, made by Dr. Joan Donovan, raise questions about the influence the tech giant might have over seemingly independent research. Beginning in 2018, Dr. Donovan worked for the Shorenstein Center at Harvard University’s John F. Kennedy School of Government, and ran its Technology and Social Change Research Project, where she led studies of media manipulation campaigns. But last year Harvard informed Dr. Donovan it was shutting the project down, Donovan claims. The Chan Zuckerberg Initiative is the philanthropy run by Zuckerberg and his wife, Priscilla Chan, who both attended Harvard.
Persons: Mark Zuckerberg, Joan Donovan, Donovan, Harvard University’s John F, Dr, Miguel Cardona, Chan, Chan Zuckerberg, Zuckerberg, Priscilla Chan, ” Libby Liu, Frances Haugen, “ We’ve, ” Liu Organizations: CNN, Harvard University, Meta, Shorenstein, Harvard University’s, Kennedy School of Government, Technology, Research, Harvard, US Education, University, Initiative, The Washington Post, Post, Big Energy, Big Pharma
TORONTO (AP) — Canada's government said Wednesday it reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country's news industry to comply with a new Canadian law requiring tech companies to pay publishers for their content. The agreement removes a threat by Google to block the ability to search for Canadian news on Google in Canada. Canada in late June passed the Online News Act to require tech giants to pay publishers for linking to or otherwise repurposing their content online. Kent Walker, president of global affairs at Google and Alphabet, thanked the minister in a statement and said Google would continue sending valuable traffic to Canadian publishers. In 2021, it briefly blocked news from its platform in Australia after the country passed legislation that would compel tech companies to pay publishers for using their news stories.
Persons: , Justin Trudeau, Meta, ” Pascale, Onge, , Kent Walker, Canada’s, Trudeau Organizations: TORONTO, Google, Facebook, Meta, Canadian Locations: Canada, St, Australia
Multiple advertising agencies and large companies have since pulled their content from the site. AdvertisementElon Musk's response to an antisemitic comment on X is coming with a hefty price tag as multiple large companies pull their advertisements from X.Disney is the latest company to follow suit. The situation initially unfolded this week, when Musk responded to a post that said Jewish people were pushing "hatred against whites." Disney is only one company pulling its ads — other large companies backing out include IBM, Apple, and Lionsgate. It found that ads from multiple large companies were being placed side-by-side with white supremacist and antisemitic content.
Persons: Elon Musk, , Elon, Musk, Linda Yacaccarino, Dustin Moskovitz, Ross Gerber, I've, Gerber Organizations: Disney, New York Times, Service, The New York Times, IBM, Apple, Lionsgate, Warner Bros, CNN, Media, Facebook
Linda Yaccarino's efforts to reassure companies about X are being undermined by Elon Musk. Yaccarino released a statement on Thursday saying X is working to combat antisemitism. However, one day before her post, Musk supported an antisemitic conspiracy theory on the platform. AdvertisementLinda Yaccarino's efforts to reassure companies that X is safe for brands are being undermined by Elon Musk's actions. The contrast between Yaccarino's statement and Musk's post was not lost on platform users.
Persons: Linda Yaccarino's, Elon Musk, Yaccarino, Musk, , Elon Musk's, , Linda Yaccarino, Dustin Moskovitz, Ross Gerber, Tesla, VWqtI32Jxz — Matthew Gertz, Yaccarino —, Yaccarino's, Lou Paskalis, they're Organizations: Service, IBM, Financial, Media, Apple, Comcast, X, Business, Reuters, Vox Media, Conference
Some women have turned to Facebook groups to connect with free sperm donors and skirt sperm banks. But after 10 vials of donor sperm, she was out $10,000 and still didn't have a child. Gordy is a serial sperm donor — he says his donations have produced 70 children to date. Kristina GrahamShe's since worked with two free sperm donors at different times, both of whom she met on Facebook. Women may have to weed through some creeps when looking for a sperm donor on Facebook.
Persons: , Angela, Kyle Gordy, Gordy, Kyle, Crystal Cox, Sean Tipton, Kristina Graham, Kristina Graham She's, She's, she's ovulating, Graham, she'd, Tyree Kelly, he's atoning, Tyree Kelly Tyree Kelly, Kelly, Angela said, who've, Wong Maye, Rebecca Torrence Organizations: Facebook, Service, American Society for Reproductive Medicine, Food and Drug Administration Locations: ejaculate, Arizona, Maine, Tipton, rtorrence@insider.com
There's a secret world of "overemployed" people who are holding down multiple high-paying jobs. "Overemployed" workers use their own language and codenames on Reddit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Taking on multiple jobs to make ends meet isn't new, but these are professionals, often making large salaries, who are making hay in the remote work sunshine. Facebook mom groups talk about DH (dear husband) or LO (little one, or kid); and on looksmaxxing TikTok they talk about mogging (being more handsome than someone else).
Persons: , Insider's Aki Ito Organizations: Meta, IBM, Service, J3, RJ
Meta CEO Mark Zuckerberg said that artificial intelligence will be the company’s biggest investment area in 2024. Photo: David Paul Morris/Bloomberg NewsA social-network company serving nearly half the world’s population should be pretty efficient at giving everyone something they want. The parent company of Facebook, Instagram, WhatsApp and new Twitter challenger Threads posted largely strong results for the period late Wednesday. Daily active users both for Facebook and the company’s broader Family of Apps also grew more than analysts had expected. Facebook even added 10 million daily active users in the U.S. and Canada compared with consensus forecasts calling for zero growth in what is still the company’s most important ad market.
Persons: Mark Zuckerberg, David Paul Morris, Wall Organizations: Bloomberg, Meta, Facebook, Apps Locations: U.S, Canada
Stock Market News Today: Dow, Nasdaq Drop; Amazon Earnings in Focus
  + stars: | 2023-10-26 | by ( ) www.wsj.com   time to read: +1 min
The Nasdaq Composite closed down 1.8% on Thursday, after dropping the day before. Alphabet was the culprit Wednesday: It got slammed after its own earnings, which helped drag the tech-heavy Nasdaq into a correction. The 10-year yield dipped. The yield on the benchmark 10-year note settled at 4.843%, pulling back after nearing Monday’s 5% level earlier in the session. Coming up:Intel and Ford Motor are also on the earnings docket for after markets close.
Persons: Sam Bankman, Dow industrials Organizations: Nasdaq, Facebook, United Parcel Service, Spirit Airlines, Comcast, Intel, Ford
The Nasdaq Composite fell around 1% on Thursday, after dropping the day before. Alphabet was the culprit Wednesday: It got slammed after its own earnings, which helped drag the tech-heavy Nasdaq into a correction. The S&P 500 and Dow industrials fell alongside the Nasdaq. Treasury yields wavered. The yield on the benchmark 10-year note oscillated between gains and losses after nearing Monday’s 5% level earlier in the session.
Persons: Sam Bankman, Dow industrials, Dow Organizations: Nasdaq, Facebook, Treasury, United Parcel Service, Spirit Airlines, Comcast
A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Meta may be banned from operating in China, but the company is finding plenty of growth coming from the world's second-biggest economy. Susan Li, Meta's finance chief, told analysts on the earnings call that Chinese companies played a major role this quarter, continuing a theme from recent periods. Online commerce and gaming "benefited from spend among advertisers in China reaching customers in other markets," Li said. "Brazil was a strong contributor to the region's acceleration due in part to increased advertisers demand from China advertisers targeting users in Brazil," Li said.
Persons: Meta, Susan Li, Li Organizations: China, Facebook, North America, Google, Twitter, Meta Locations: Shanghai, China, Europe, Asia, Pacific, South America, Brazil, Israel
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2023. Nasdaq 100 futures slipped on Wednesday evening following a sharp selloff in the regular session. Nasdaq 100 futures dropped 0.7%, while S&P 500 futures fell about 0.4%. Alphabet's Class-A shares suffered their worst day since March 2020. The tech-heavy Nasdaq Composite , meanwhile, lost 2.4% and recorded its worst day since Feb. 21, while the 30-stock Dow shed 0.3%.
Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Facebook, Labs, Meta, Technology, Google, Dow, Amazon, Ford Locations: New York City, U.S
Facebook is the platform where millennial and Gen-Z consumers are most likely to purchase a product, according to a new survey of US social-media users. "YouTube has been the slow and steady platform in the turmoil that social media has been over the years," Assayag said. For instance, among Gen-Z consumers, Snapchat displaced Facebook as a top five platform for consuming content. However, when it came to posting content, YouTube was replaced with Instagram as the most popular platform among all consumers surveyed. However, only 41% of consumers "somewhat agree" that they would pay for exclusive content from an influencer they follow.
Persons: Pierre, Loïc Assayag, TikTok Traackr, Assayag, They're, TikTok, Instagram, Traackr, influencer Organizations: Facebook, YouTube, Meta, influencers
The Israel-Hamas war shows how social media platforms no longer want to deal with the news. AdvertisementAdvertisementNot too long ago, social media was the future of news. To accompany this flow of verified information, Facebook, Twitter and other social media companies built large content moderation teams and partnerships. Reading these, it's easy to see how social media can divide people during difficult times. The social media account posed as a BBC journalist to share this misinformation for engagement.
Persons: , Jack Dorsey, Mark Zuckerberg, Elon Musk's, Adam Mosseri, Karan Singhal, Singhal, there's, Cristiano Ronaldo, Marcus Hutchins, Mosseri, we're, Andy Stone, Zuckerberg, Alex Stamos, TikTok Organizations: Service, Facebook, Twitter, Elon Musk's Twitter, CNBC, BBC, Palestinian, Meta Locations: Israel, Moroccan, Israeli, Syria, Meta, France, Germany, Canada
Facebook's new rebrand logo Meta is seen on smartphone in front of displayed logo of Facebook, Messenger, Instagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Meta Platforms Inc FollowWASHINGTON, Oct 17 (Reuters) - Lawyers for Meta (META.O), which owns Facebook, Instagram and WhatsApp, and the U.S. government tangled on Tuesday over the U.S. Federal Trade Commission's plan to toughen a 2019 privacy order. Speaking for Meta on Tuesday, James Rouhandeh argued that Judge Timothy Kelly of the U.S. District Court for the District of Columbia had jurisdiction to take the case and should scrap the FTC's proposal because Meta had not agreed to it. Arguing for the FTC, Zachary Cowan of the Justice Department said that it was the agency's decision on whether its settlements should be changed and the district court had no jurisdiction. Essentially, the fight is whether Meta and the FTC, if they fail to settle, will go to district court or an FTC judge to decide if the 2019 agreement will be modified.
Persons: Dado Ruvic, James Rouhandeh, Timothy Kelly, Meta, Zachary Cowan, Kelly, Diane Bartz, Marguerita Choy Organizations: Facebook, REUTERS, WASHINGTON, Meta, U.S, U.S . Federal, District of Columbia, Justice Department, FTC, Thomson Locations: toughen
If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."
Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea
Duty-free shops innovator Chuck Feeney died this week at the age of 92. AdvertisementAdvertisementIrish-American billionaire Chuck Feeney died this week at the age of 92. According to Irish journalist Conor O'Clery's biography of Feeney, "The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune," Feeney was uncomfortable with his wealth even earlier on in his career. Chuck Feeney lived modestly, preferring rented apartments over mansions. Chuck Feeney is a good hero to have."
Persons: Chuck Feeney, , Feeney, Conor O'Clery's, Chuck Feeney Secretly, Carnegie Corporation Feeney, O'Clery, Helga, didn't, — they'd, Forbes, Bill Gates, Warren Buffett, frugality — Feeney, Buffett, frugally Organizations: Service, Duty, Shoppers, Facebook, Carnegie Corporation, Timex, Volvo, Gates Locations: American, New Jersey, San Francisco
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTGoogle has opened its first west coast visitor Experience" center which is located by its Mountain View headquarters. Google's new Mountain View "Visitor Experience" center features a Google store. It also includes a cafe and retail Google store, which comes two years after the company opened its first public Google retail store in New York's Chelsea neighborhood. Google's new visitor center feature a space where a community group or nonprofit can request to reserve the space for meetings or events. Google's new visitor experience includes an outdoor event space for the public.
Persons: Mark Wickens, We've, Scott Foster, Ruth Porat, Michelle Kaufmann Organizations: Google, Mark Wickens Google, CNBC, Facebook Locations: Mountain View, Calif, New York's Chelsea, Valley, Menlo, San Jose
A company that prioritizes product-market fit can build a great, customer-focused business. The venture capitalist Marc Andreessen has said that for startups, product-market fit is "the only thing that matters." I appreciate Marc's wisdom: Great product-market fit produces a sugar high. And that goal is well aligned with the broader social goal of making people less lonely. Over time, it became apparent that this was not a great social fit.
Persons: I'm, Vivek Murthy, Robert Putnam's, Jeff Bezos, I've, Marc Andreessen, It's, haven't, Apple, Eventbrite, David Risher Organizations: Netflix, Apple, Amazon, Lyft Locations:
Insider Today: Market's crash landing
  + stars: | 2023-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The core question it presents is whether personal AI devices could have the same impact that the iPhone had on the tech industry. Meta's Responsible AI team shrank amid layoffs and restructuring. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021.
Persons: , Benjamin Netanyahu, Insider's Matthew Fox, Mohamed El, Matthew, Jerome Powell, hasn't, mavens, Izzy Englander, Citadel's Ken Griffin, Point72, Steve Cohen, Phil McCarten, Dave Kotinsky, Shaw, Victor Virgile, Arantza Pena Popo, Bella Hadid, John Lennon, Ben Shelton, Sharon Osbourne, William Hanson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Hamas, Saturday, Israeli, Citadel, federal, Tech, Peoples, Indian Heritage Locations: Israel, D.E, Cupertino, China, South Dakota, Oklahoma, Hawaii, Alabama, Dakota, Los Angeles, New York City, San Diego, London, New York
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisement"Your Facebook account has been suspended because your account, or activity on it, doesn't follow our Community Standards." Suddenly Facebook blocked me from my accountAn email from Facebook said I had 30 days to disagree with their decision. Being banned from Facebook helped me see that a platform built for scrolling isn't where I'm meant to be. In the end, it has made a positive impact on my business, relationships, and mental health.
Persons: , Weeks, they'd, I'd Organizations: Facebook, Service
Google was the first big tech company to say it would impose new labels on deceptive AI-generated political advertisements that could fake a candidate's voice or actions. The pressure on the social media companies comes as both lawmakers are helping to lead a charge to regulate AI-generated political ads. Google has already said that starting in mid-November it will require a clear disclaimer on any AI-generated election ads that alter people or events on YouTube and other Google products. This policy applies both in the U.S. and in other countries where the company verifies election ads. Facebook and Instagram parent Meta doesn’t have a rule specific to AI-generated political ads but has a policy restricting “faked, manipulated or transformed” audio and imagery used for misinformation.
Persons: Tom Hanks hawking, Pope Francis, Rand Paul, Mark Zuckerberg, Linda Yaccarino, , Sen, Amy Klobuchar, Yvette Clarke, didn't, Clarke, Klobuchar, , ” Klobuchar, Republican Sen, Josh Hawley of, Joe Biden, Donald Trump, Anthony Fauci, Ron DeSantis, Democratic Sen, Elizabeth Warren, Ari Cohn, haven't, ” Cohn, Ali Swenson Organizations: Sen, Capitol, Google, Facebook, Democratic, Associated Press, Klobuchar, U.S ., Twitter, Meta, Senate, YouTube, Republican, Republican National Committee, GOP, Florida Gov, Administration, Commission, Public Citizen Locations: Minnesota, York, U.S, Josh Hawley of Missouri, United States
It's not just you. LinkedIn has gotten really weird.
  + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com   time to read: +19 min
The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.
Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, , , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California
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