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☆ Facebook Marketplace needs to stop showing me results that would make me cross a body of water
▼ + stars: | 2024-12-26 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

I love Facebook Marketplace, except for this one problem with how it does geographic searches. I often see search results that are inconveniently located because they're across a body of water. I probably spend more time browsing Facebook Marketplace than I spend on lots of other interesting and popular things. Facebook Marketplace shows me listings for items located across a body of water — even if the items are within my specified distance radius. Facebook Marketplace will then create a perfect circle of that search radius, giving you as-the-crow-flies distance in every direction.

Persons: I'm, TikTok, Slack, I've, Meta doesn't, Mark Zuckerberg Organizations: Facebook, Garden, Meta, Menlo, Meta's Locations: Brooklyn, Jersey, Manhattan, New Jersey, Connecticut, Bridgeport , Connecticut, Huntington, , New York, East, Menlo Park , California, Menlo Park

☆ Meta's Threads has 275 million users. It sure doesn't feel that way.
▼ + stars: | 2024-11-04 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Snapchat says it averages 850 million monthly users. Meanwhile, Twitter's current owner, Elon Musk, says his service has 600 million monthly users. Back in April, Meta said Threads had 150 million monthly users. Some of them click on Threads posts they see there, and become Threads users that way. Threads doesn't seem like it's ever going to be that, and Meta doesn't seem very interested in trying to make that.

Persons: —, Mark Zuckerberg, Snapchat, Twitter, Elon Musk, Meta, It's, You'll, Katie Notopoulos, Adam Mosseri's Organizations: Service, Twitter, US Securities and Exchange Commission, Meta Locations: Japan, Taiwan, Instagram

☆ The battle of the face computers is on
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Meta debuted its Orion augmented reality glasses last week without a consumer release date. AR glasses are a substantial step toward a future that ditches the handheld smartphone for face computers. AdvertisementThe battle of the face computers is here, and Meta just launched a highly compelling salvo. Last Wednesday, CEO Mark Zuckerberg unveiled the company's latest innovation, Orion — augmented reality eyewear that weighs about 3.5 ounces. Snap's Spectacles are augmented reality glasses that run on the company's in-house OS.

Persons: Meta, —, Mark Zuckerberg, Orion —, BI's Peter Kafka, Gene Munster, Apple, Greg Peters, we're, it's, " Peters, There's, Alistair Barr, Tim Cook, Cook, It's, Munster, Andrej Sokolow, BI's Jordan Hart, Justin Post, Andrew Bosworth, Jacob Bourne, Emarketer, Axel Springer, Bosworth, Bloomberg's Mark Gurman, Zuckerberg, Spokespeople Organizations: Orion, Apple, Service, Meta, Deepwater Asset Management, Bloomberg, Vision Pro, Netflix, Vision, Getty, Munster, CNBC, BI Locations: Cupertino

☆ Meta lets Amazon shoppers buy products on Facebook and Instagram without leaving the apps
▼ + stars: | 2023-11-09 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +5 min

"For the first time, customers will be able to shop Amazon's Facebook and Instagram ads and check out with Amazon without leaving the social media apps," an Amazon spokesperson said in a statement. Amazon said last month that sales in its online ad business grew 26% from a year earlier in the third quarter to $12.06 billion. By partnering with Amazon, Meta can make it easier to allow shops to sell goods on Facebook and Instagram without creating custom storefronts on those apps. Meta provided some details about the new feature on Tuesday on a support page titled "Purchase with Amazon without leaving Facebook or Instagram." "You can check out with Amazon without leaving Facebook or Instagram, and experience more relevant ads."

Persons: Mark Zuckerberg, that's, Stuart McMullin, Maurice Rahmey, Rahmey, —, Annie Palmer Organizations: Meta, Facebook, Amazon, LinkedIn, CNBC Locations: Menlo Park , California, U.S, Pinterest

☆ A small UK software company which trademarked the name Threads over 10 years ago is demanding Meta stop using the name within 30 days
▼ + stars: | 2023-10-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Threads Software Limited and its lawyers wrote to Meta to tell it to stop using the Threads name in the UK. AdvertisementAdvertisementA British software company is giving Meta 30 days to stop using the name Threads in the UK because it owns the trademark. Threads Software Limited says its lawyers wrote to the Facebook and Instagram parent company on Monday. If Meta doesn't stop using the name Threads, Threads Software Limited says it will seek an injunction from the courts. John Yardley, the managing director of Threads Software Limited, said the business "faces a serious threat from one of the largest technology companies in the world."

Persons: It's, Meta, —, Elon Musk's, John Yardley, Musk, ChatGPT, Mark Zuckerberg, David, Goliath, Yardley Organizations: Software, Meta, Service, Facebook, Elon, Threads Software Locations: British

The $3.5 billion range ($36.5 billion to $40 billion) compares to a $2.5 billion range the company typically offers in its quarterly revenue forecast. Susan Li, Meta's finance chief, told analysts on the earnings call that the reason for the change is the unpredictability in the Middle East due to the Israel-Hamas war. At the mid-point of its guidance range, Meta would be expecting revenue of $38.25 billion, compared to the average analyst estimate of $38.85 billion, according to LSEG, formerly known as Refinitiv. For the third quarter, Meta beat on the top and bottom lines, boosting its shares in extended trading on Wednesday. Meta's commentary surrounding the Middle East conflict, which escalated this month after Hamas attacked Israel, follows cautionary statements from Snap on Tuesday.

Persons: Susan Li, Li, Meta, Joe Biden Organizations: Meta, White Locations: Israel, Ukraine, Russia, Gaza

☆ Llama copyright drama: Meta stops disclosing what data it uses to train the company's giant AI models
▼ + stars: | 2023-07-18 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

The company didn't disclose what training data was used to train Llama 2. The AI industry typically shares many details of AI training data sets. One way to avoid the issue is to just not tell anyone what data you used to train your AI model. Until now, the AI industry has been open about the training data used for models. That last data set made up more than two-thirds of the information Meta used to train LLaMA.

Persons: Meta, Rupert Murdoch, Sarah Silverman's, OpenAI, Halimah DeLaine Prado, Meta's, Sharon Zhou Organizations: Publishers, Wall Street Journal, Big Tech, Microsoft, SEC, European Union, Google, Meta Locations: EU

☆ What Meta's Threads app means for Twitter, social media and Meta's own profits
▼ + stars: | 2023-07-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Meta Platforms made headlines last week with the launch of Threads , a text-based social media app challenging Twitter and pitting two heavyweight technology leaders against one another. "It's a land grab right now, right now, it's PR," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Evercore ISI's Mark Mahaney wrote in a recent note that Threads "poses very little downside" risk to Meta's business, offering "upside optionality" for revenues and profits. Headwinds to Twitter Morfe broadly, Threads may rattle the social media industry and, over the long haul, snatch up some competitor's cherished advertisers. To be sure, Elevation Partners co-founder Roger McNamee said Meta and Threads face a long, uphill climb.

Persons: Mark Zuckerberg, Meta, Meta hasn't, Adam Mosseri, it's, Paul Meeks, Meeks, Evercore, Mark Mahaney, Gene Munster, Mark Douglas, MNTN, CNBC's, Matthew Prince, Musk's, Alex Spiro, Roger McNamee Organizations: European Union, Twitter, PR, Independent Solutions Wealth Management, Meta, Facebook, Elon, Partners

☆ Even Meta and Twitter employees are surprised by the fast growth of the new Threads app
▼ + stars: | 2023-07-11 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

Meta employees had relatively low expectations for Threads, the text-based Instagram offshoot that was released Wednesday evening to compete with Twitter. Even Twitter employees were not particularly worried about yet another competitor showing up. He said in his Threads post that the growth was "insane." Threads is 'serious competition'A private worker poll on Blind seen by Insider showed that nearly 70% of about 200 Twitter employees responded "yes" to the prompt "Threads, RIP Twitter?" Meanwhile, remaining Twitter employees are "just trying to keep their heads down and work on payments and video," one of the people familiar with the company said.

Persons: Adam Mosseri, Elon Musk, Mark Zuckerberg, Mosseri, I'd, Zuckerberg, Musk, tweeting, Linda Yaccarino, Yaccarino, Mark Mahaney, Mahaney Organizations: Meta, Twitter, Facebook, Elon, Evercore ISI Locations: China, jumpstart

☆ Instagram boss Adam Mosseri says Threads isn't for politics and news because it's not worth all the headaches they come with
▼ + stars: | 2023-07-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Instagram boss Adam Mosseri says Meta doesn't envision Threads to "replace Twitter." In a series of candid comments, he made clear the app won't go out of its way to welcome politics or news. "We just won't court them the way we have in the past," Mosseri wrote on Meta's new app. "We won't discourage or down-rank news or politics, we just won't court them the way we have in the past," Mosseri responded. "The goal isn't to replace Twitter," Mosseri said.

Persons: Adam Mosseri, Mosseri, Elon Musk, Mark Zuckerberg, Alexandria Ocasio, Barack Obama, Karine Jean, Pierre, Taylor Lorenz Organizations: Twitter, Service, Facebook, Democratic Rep, White, Washington Post, Elon, Capitol Locations: Wall, Silicon, Alexandria, Cortez, newsrooms

☆ Zuckerberg-Musk fight's first round: Meta launches 'Twitter Killer' Threads app
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +6 min

[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Welcome to Threads," Zuckerberg wrote in his first post on the app, along with a fire emoji. Instagram users who sign up for Threads automatically have a badge affixed to their Instagram profile, but can opt to hide it. "The reality is that Meta doesn't need to convert Twitter power users into Threads users" to succeed, she said. Zuckerberg, responding to a user who predicted Twitter's demise about an hour after the Threads launch, cautioned patience.

Persons: Dado Ruvic, Mark Zuckerberg, Elon Musk, ramping, Zuckerberg, Meta, Danni Hewson, AJ Bell, Musk, hasn't, Instagram, Shakira, Sheryl Sandberg, Ryan Detert, Jack Dorsey, Dorsey, Jasmine Enberg, Katie Paul, Sheila Dang, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing Organizations: REUTERS, Twitter, Brands, Billboard, HBO, NPR, Netflix, Meta, Insider Intelligence, Thomson Locations: Las Vegas, Instagram

☆ Zuckerberg-Musk fight is on: Meta launches 'Twitter Killer' Threads app
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +5 min

[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Welcome to Threads," Zuckerberg posted on the app, along with a fire emoji. "I find it hard to imagine that the most avid loyal Twitter users who go to Twitter for that type of culture will defect and go immediately to Threads." Still, she said, Meta only needs to convince a quarter of Instagram's users to join Threads in order to rival Twitter's size. "The reality is that Meta doesn't need to convert Twitter power users into Threads users."

Persons: Dado Ruvic, Mark Zuckerberg, Elon Musk, Zuckerberg, Meta, Danni Hewson, AJ Bell, Musk, Matt Navarra, Shakira, Sheryl Sandberg, Ryan Detert, Jack Dorsey, Dorsey, Jasmine Enberg, Katie Paul, Sheila Dang, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing Organizations: REUTERS, Twitter, Meta, Google, Brands, Billboard, HBO, Variety, Insider Intelligence, Thomson Locations: Las Vegas, Instagram

☆ How to sign up for Threads, Meta's new Twitter competitor
▼ + stars: | 2023-07-05 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

The logo of Threads is displayed on a mobile phone screen in front of a computer screen displaying the logo of Instagram in Ankara, Turkiye on July 04, 2023. Meta will officially release Threads, its text-based Twitter competitor, on Thursday, but for those who want to get ahead of the launch, there's a way to access your invitation now. The rate limits drove users to competing apps like Bluesky, the app backed by Twitter co-founder Jack Dorsey, which experienced "record-high traffic" on Saturday. Although the app is set to launch in the U.S. on Thursday, users based in the EU will reportedly have to wait. Open the Instagram app, search "Threads"Open the Instagram app and open the Explore page by clicking the magnifying glass icon in the bottom left.

Persons: Elon Musk, Jack Dorsey Organizations: Meta, Facebook, Twitter, EU Locations: Ankara, Turkiye, U.S

☆ Meta's heated rivalry with Apple enters new phase as the tech giants go after headsets
▼ + stars: | 2023-06-05 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +5 min

But Apple hasn't said exactly when Vision Pro will be available, only that it will be early next year. Meta's Quest family of VR headsets include the $300 Quest 2 and the $500 Quest 3, which will be available in the fall. Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. And Apple has its own new operating system for the Vision Pro that it's calling visionOS. "And we believe Apple Vision Pro is a revolutionary platform that can make our vision a reality."

Persons: Mark Zuckerberg, Michael Nagle, Leo Gebbie, hasn't, Zuckerberg, Cook, Tim Cook, Justin Sullivan, visionOS, Bob Iger, Iger, We're, Meta didn't Organizations: Meta, Inc, Bloomberg, Getty, CCS, Vision, VR, Labs, Apple, Google, Facebook, Apple Vision, Apple Worldwide, Disney Locations: New York, Covid, Cupertino , California, Brussels

☆ Facebook depends on local partners to flag hateful content. In Ethiopia, those partners say they were ignored.
▼ + stars: | 2023-04-15 | by ( Tekendra Parmar | ) www.businessinsider.com time to read: +31 min

Trusted partners say warnings were ignoredInsider spoke with six current and former trusted partners from Ethiopia who said that Facebook routinely ignored their pleas to take down content that they deemed hateful or likely to incite violence. Some of the trusted partners declined to be named because they've faced death threats and fear for their own safety. Multiple trusted partners in Ethiopia said hate speech is still proliferating on the platform. Rafiq Copeland, a senior adviser at InterNews, one of Meta's longest-standing trusted partners globally, told Insider that the core complaints of trusted partners in Ethiopia have come up in other Rest of World countries. Even in Addis Ababa, it seemed that everyone knew about the Facebook posts, and many people now saw him as a traitor.

☆ TikTok commands the attention of 150 million American users. That's its best defense yet against Biden's threat of a ban.
▼ + stars: | 2023-03-21 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +3 min

TikTok officially has 150 million monthly active users in the US, the company says. The user figures come as TikTok CEO Shou Chew is set to testify in front of Congress on Thursday. It's still not to the threshold of Facebook, which logs 266 million monthly active users in the US, but it's not far behind. (Facebook parent Meta doesn't break out Instagram's monthly active users in the US.) That number also includes about 5 million businesses that use TikTok as a way to reach customers, he said in a TikTok video on Tuesday.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, SVB Financial, United, Roblox, JPMorgan Chase, Meta & more
▼ + stars: | 2023-03-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

LightShed downgrades Apple to sell from neutral LightShed said in its downgrade of Apple that it sees moderating growth. Baird reiterates Tesla as a top pick Baird said it sees Tesla launching heat pump technology for homes. " Baird upgrades KeyCorp to outperform from neutral Baird said it sees an attractive risk/reward for the regional bank. Baird downgrades Allbirds to neutral from outperform Baird downgraded the footwear company after its disappointing earnings report. " Oppenheimer reiterates Pool Corp as outperform Oppenheimer said it sees a compelling entry point for shares of the pool company.

☆ Club holding Meta is likely to be a winner in the nascent generative AI battle
▼ + stars: | 2023-03-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Meta Platforms (META) is muscling its way into a heated AI arms race just as competitors Microsoft (MSFT) and Alphabet (GOOGL) are making big strides. Generative AI encompasses a set of machine learning techniques that allow computers to generate text, images and other media in response to human queries. The Facebook parent's generative AI capabilities are competitive, according to Mark Zgutowicz, a research analyst at Benchmark. META 1Y mountain Meta Platforms (META) one-year performance. We also expect Meta to benefit from it's partnership with Club holding Nvidia (NVDA), whose semiconductors and related software are integral to the generative AI field.

☆ Trump's campaign plans to push Facebook to let him back on the site — and use House Republicans' power as leverage: report
▼ + stars: | 2023-01-18 | by ( Chris Panella | Madison Hall | ) www.businessinsider.com time to read: +3 min

Trump's campaign plans to leverage House Republicans' power to get his Facebook account reinstated early, according to NBC News. A Trump campaign adviser told NBC News that "keeping Trump off Facebook just looks political." Trump was suspended after the Capitol riot two years ago, with Facebook planning to review his suspension this year. A Trump adviser told NBC News that they plan to use House Republicans to pressure Meta into letting him access his account if Meta doesn't reinstate him. "If Facebook wants to have this fight, fine, but the House is leverage, and keeping Trump off Facebook just looks political," the adviser told NBC News.

☆ Facebook probably has your phone number, even if you never shared it. Now it has a secret tool to let you delete it.
▼ + stars: | 2022-10-31 | by ( Shona Ghosh | ) www.businessinsider.com time to read: +9 min

Facebook almost certainly has your phone number and email address, even if you never handed them over. Now the firm has a new tool to let people check if Facebook has that data, and delete it. Meta/Shona Ghosh"You can ask us to confirm whether we have your phone number or email address," the firm states. It's possible that Meta isn't really technically deleting your phone number and emails at all, said Boiten. "It may well be that they only implement something like this on the outside — so at a point the phone number threatens to go outside the system, it says, 'This phone number is one we've been told we can't use,' rather than really removing information."

☆ Here's what to look for when the Club's 5 tech holdings report this week
▼ + stars: | 2022-10-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

The world's biggest tech companies will be put under the microscope this week when they report earnings for the quarter ended Sept. 30. Club holdings Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Apple (AAPL) and Amazon (AMZN) have all been bogged down by inflation, weaker consumer demand and a slowing global economy. Here's what to expect when all 5 tech holdings report. At the same time, Goldman analysts predicted Microsoft's enterprise cloud computing business, Azure, would remain competitive, with 38% year-over-year growth. Apple (AAPL) Apple is set to report fiscal fourth-quarter results on Thursday.

☆ Meta has burned $15 billion trying to build the metaverse — and nobody's saying exactly where the money went
▼ + stars: | 2022-10-13 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Meta has sunk more than $15 billion into its metaverse project since the start of last year. Some experts expressed disappointment in updates Meta provided earlier this week and thought the technology would be farther along. Meta declined to provide a comment for this story, but a spokesperson for the company said that Meta doesn't break out the financial details for its Reality Labs segment. Zgutowicz pointed out that Meta has legitimate reasons for trying to build everything themselves, though. To be sure, Meta is not the only company that has declined to itemize certain losses, which is standard practice in Corporate America.

☆ Mark Zuckerberg is making a classic big Silicon Valley mistake — one we last saw made by Marissa Mayer at Yahoo
▼ + stars: | 2022-10-11 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Mark Zuckerberg is making the same mistakes that plagued former Yahoo CEO Marissa Mayer. Zuckerberg, too, is making a big bet on the metaverse, one better suited for the venture capital world. As Meta shifts to become "a metaverse company" amid stalling user growth and slowing ad sales, stories are emerging about the growing pains that have arrived alongside the changes. Zuckerberg's metaverse play isn't unusual in the tech world, it's just not one we've often seen pay off outside the world of venture capital. Marissa Mayer also had an ambitious vision — and it didn't pay offFormer Yahoo CEO Marissa Mayer.

☆ How political candidates are targeting you on social media based on your music tastes, shopping habits and favorite TV shows
▼ + stars: | 2022-09-23 | by ( Casey Tolan | ) edition.cnn.com time to read: +11 min

(CNN) Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram trucks, and Duck Dynasty. "Political campaigns are using that to their advantage." Rogan, a controversial figure who's popular on the right, attracted more attention from campaigns targeting Facebook ads than any other interest topic in the period analyzed by CNN. The targeting data shows a wide variety of approaches. But most people likely have no idea that they're seeing certain political ads because of their interests in a band or TV show, Woolley noted.

☆ It's official: Kim Kardashian and Kylie Jenner are smarter than Mark Zuckerberg
▼ + stars: | 2022-07-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

"Make Instagram Instagram again," the half sisters advised in posts on the platform, circulating a petition to stop the changes. And Zuckerberg won't be able to say Kim and Kylie didn't warn him. This after Facebook — Meta's former crown jewel — back in February reported a loss of users for the first time. But it all mostly boils down to the fact that Meta doesn't know how to innovate its product anymore. Flying a plane into a virtual mountainNow, none of this is to say that Meta doesn't make money.

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