1. Meta revised its "Facebook jail" penalty system. After recommendations from the Oversight Board, Facebook will now provide users with a justification for removing their content. |
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2. Meta's request to dismiss a $175M jury patent verdict for Voxer Inc. was rejected by federal judge Lee Yeakel in Austin, Texas. Voxer's 2020 lawsuit said Meta misused its patented technology disclosed in 2012 during a potential collaboration discussion. In Sept. 2022, a jury found Meta infringed on two patents. |
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3. Facebook whistleblower Frances Haugen urged investors to revisit their holdings in Meta. She said the company's move to intentionally hide information from the public makes it difficult for investors to determine if the technology company is a stable investment. Haugen urged the investors to "demand" Meta to be more transparent. |
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4. Meta Verified is rolled out in Australia and New Zealand, where users can submit their government ID and obtain blue verification for $11.99 on the web and $14.99 on iOS. Accounts verified prior to the launch of the new feature will remain unchanged. Q: Would you pay $14.99 to get verified on Facebook and Instagram? Join the conversation and tell us at Inside.com. |
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5. Meta's "Widely Viewed Content Report" for Q4 2022 revealed that YouTube and TikTok clips were the most viewed domains on Facebook. The report found that the secret to maximizing reach on Facebook is memes. |
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6. As Meta tests a messaging-specific ad feature, Instagram group chats could soon be flooded with product advertisements. The move follows Meta's eagerness to monetize messaging, as iterated in its most recent earnings call. |
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7. In Italy, Meta might have to pay a tax bill of €870M ($925M) after an investigation was launched to determine if user registration is subject to tax. Per sources, investigators are arguing that Meta's free membership is traded for user data access and should thus be classified as an exchange of services to be taxed. |
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