May be dropping Facebook soon

[Channel98]

According to the Bloomberg Billionaires Index, Meta CEO Mark Zuckerberg's net worth is now $66,900,000,000. He is the 14th-richest person in the world. He says making these cuts will be "tough." Yeah, I bet!

Facebook Parent Meta To Slash Another 10,000 Jobs

The company will also not fill 5,000 open positions as the social media pioneer cuts costs.

www.huffpost.com

 

[sadchild]

A father whose 6-year-old son died was flooded with anti-vaxxer harassment. When a commenter baselessly claimed he killed his son, Facebook said he could 'hide' the comment 'if he didn't like it.'

Billy Ball was mocked online about the death of his son. Facebook and Twitter often took no action when they were reported, he said.

www.businessinsider.com

The responses, at first, were mostly kind. Many people donated, Ball wrote in The Atlantic. But the father's social media feeds soon devolved into a cesspool of conspiracy theorists baselessly claiming that Ball killed his son by getting him vaccinated for COVID-19. And Twitter and Facebook often offered little to no recourse, he said.

In one case, Facebook determined that a comment in which a user mocked and accused Ball of killing his son did not violate community guidelines and declined to remove the comment.

"While we've decided not to take this comment down, we understand that you don't like it," a message from Facebook support read. "We recommend that you hide the comment or unfollow, unfriend or block the person who posted it."

 

[scotchandcigar]

I'm sort of mixed on this. Yeah, people online can be horrible. Just look at the comments section of any online news article. But the idea behind Facebook (or DRC, or any other closed group) is to share things with members of the group - people who you know, or who've been vetted by the group's admin. To create a fundraiser that's open to the world - to both donate to, and comment on - is unwise. There are other ways to raise money for a cause, without being subject to comments.

 

[sadchild]

What's more valuable? Paying a coder with innovative vision $100K a year for 23 years? Or flying Zuck's ass around the country for one year. Which one will result in more profits and tech advances?

Mark Zuckerberg upped his spending on private jet travel last year

Meta paid CEO Mark Zuckerberg about $2.3 million in 2022 for his personal private jet travel, an increase from earlier years of the COVID-19 pandemic.

www.businessinsider.com

 

[HecticArt]

Meta spent more than $27.1 million last year on what it called "all other compensation" for Zuckerberg,

That’s not his base pay or bonuses.
Still think it’s a free service?

 

[scotchandcigar]

Great... now my Facebook will be full of ads for private jets.

 

[HecticArt]

It isn’t already?
I can’t get rid of them on my feed.

 

[sadchild]

Meta spent more than $27.1 million last year on what it called "all other compensation" for Zuckerberg,

Last November:

Meta says it will lay off more than 11,000 employees
Facebook's parent company plans to cut 13% of its workforce in sweeping layoffs

Allow me to rewrite my post above:

What's more valuable? Paying 10 coders with innovative vision $100K a year for 27 years? Or "compensating" Zuck's ass for one year. Which one will result in more profits and tech advances?

 

[scotchandcigar]

On a positive note, I just checked my Facebook feed, and this classic came up




Also, we forgot the show "Moonlighting" for the Madness.

 

[sadchild]

Same ol same ol....

Mark Zuckerberg grilled by angry employees who asked why executives received large bonuses during a year of layoffs and business turmoil​

The company formerly known as Facebook let go of another 4,000 workers last week, Zuckerberg confirmed during a tense meeting with staff.

 

[HecticArt]

Because they can.

 

[sadchild]

Rodney Dangerfield: "What's in a name?"
Mark Zuckerberg: "About $22 billion in losses"

Mark Zuckerberg's net worth has dropped from $118 billion to $96 billion since he rebranded Facebook as Meta

Mark Zuckerberg's net worth is down since Facebook rebranded as Meta, but it's recovered from its steepest drop. Now, Apple poses a new challenge.

www.businessinsider.com

 

[sadchild]

I still say this will never ever happen. Ever. Typical Elon "look at me" bullshit.

Look out, Elon Musk: Mark Zuckerberg is now a blue belt in jiu-jitsu

Mark Zuckerberg is one step closer to mastering Brazilian jiu-jitsu as speculation remains about a potential face-off with Elon Musk in a cage fight.

www.businessinsider.com

 

[scotchandcigar]

I still say this will never ever happen. Ever. Typical Elon "look at me" bullshit.

Look out, Elon Musk: Mark Zuckerberg is now a blue belt in jiu-jitsu

Mark Zuckerberg is one step closer to mastering Brazilian jiu-jitsu as speculation remains about a potential face-off with Elon Musk in a cage fight.

www.businessinsider.com

 

[sadchild]

Maybe they can spar in the Metaverse

 

[HecticArt]

View attachment 8988

Something tells me that Zuck is about as stiff as Lego karate man.

 

[sadchild]

Spend $50 without an approved PO and they'll give you hell. But cost the company $40 billion and you're a visionary...

Mark Zuckerberg's Metaverse losses pass $40 billion. Here's why that's suddenly OK.

Mark Zuckerberg continues to spend a massive amount on his Metaverse bet. Here's why Wall Street is suddenly more forgiving.

www.businessinsider.com

 

[sadchild]

Found an article that tells you what Facebook thinks you want to see for ads.

Let's see how well they know me...








They're battin' about 7 out of 42 so far.

Anyone else curious?

Here's how to find out which brands, sports, and musicians Facebook and Instagram think you're interested in

Facebook and Instagram store a list of topics they think you like and use them to serve you ads Meta thinks you'll find relevant.

www.businessinsider.com

 

[scotchandcigar]

You can title this post "Scotch defends Facebook". For all the useless shit that comes up on my feed, there are occasionally things that validate why I still have it. A friend of ours - who grew up in Germany, so that's interesting in itself - likes to travel the world. Well now she's doing her bucket-list trip on an African safari. She flew into Kilimanjaro, Tanzania, and now she's in the Serengeti. It's pretty amazing stuff, and I've taken the liberty to make this mini-montage of her daily posts

 

[sadchild]

Facebook is only as good as the people you connect with