On Sunday, Mark Zuckerberg announced the introduction of a new subscription-based product called Meta Verified.
In a mail sent to hundreds of executives, the company’s CEO took accountability for the problem of overstaffing, which Zuckerberg claims originated from his “overoptimism” about growth.
The Guardian reports Meta’s take on how serious a Facebook ban can be, and what Zuckerberg has revealed during his interview with Joe Rogan.
“As consumers’ viewing behaviors are shifting to short-form video, we are shifting our focus to Reels on Facebook and Instagram,” Facebook explains. Live shopping will still be available on Instagram.
Instagram is discontinuing some app time limit options and encouraging users to update their settings, according to a report from TechCrunch. Originally, users were able to select a time limit of as low as five minutes a day, while the new settings require them to set the minimum limit to 30 minutes.
Mark Zuckerberg was no longer among the five richest people in the world on Tuesday, all because of the Facebook, Instagram and WhatsApp crash.
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