Facebook parent Meta hit with record fine for transferring European user data to US
The European Union slapped Meta with a record $1.3 billion privacy fine Monday (May 22, 2023) and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
The penalty fine of 1.2 billion euros from Ireland's Data Protection Commission is the biggest since the EU's strict data privacy regime took effect five years ago, surpassing Amazon's 746 million euro penalty in 2021 for data protection violations.
The Irish watchdog is Meta's lead privacy regulator in the 27-nation bloc because the Silicon Valley tech giant's European headquarters is based in Dublin.
Meta, which had previously warned that services for its users in Europe could be cut off, vowed to appeal and ask courts to immediately put the decision on hold.
Read more: Facebook user data issue: Facebook parent company Meta will pay $725M
“There is no immediate disruption to Facebook in Europe,” the company said.
“This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and U.S.,” Nick Clegg, Meta's president of global and affairs, and Chief Legal Officer Jennifer Newstead said in a statement.
It's yet another twist in a legal battle that began in 2013 when Austrian lawyer and privacy activist Max Schrems filed a complaint about Facebook’s handling of his data following former National Security Agency contractor Edward Snowden’s revelations about U.S. cybersnooping.
The saga has highlighted the clash between Washington and Brussels over the differences between Europe's strict view on data privacy and the comparatively lax regime in the U.S., which lacks a federal privacy law.
Read more: Meta oversight board urges changes to VIP moderation system
An agreement covering EU-U.S. data transfers known as the Privacy Shield was struck down in 2020 by the EU's top court, which said it didn’t do enough to protect residents from the U.S. government's electronic prying.
That left another tool to govern data transfers — stock legal contracts. Irish regulators initially ruled that Meta didn't need to be fined because it was acting in good faith in using them to move data across the Atlantic. But it was overruled by the EU's top panel of data privacy authorities last month, a decision that the Irish watchdog confirmed Monday.
Meanwhile, Brussels and Washington signed an agreement last year on a reworked Privacy Shield that Meta could use, but the pact is awaiting a decision from European officials on whether it adequately protects data privacy.
EU institutions have been reviewing the agreement, and the bloc's lawmakers this month called for improvements, saying the safeguards aren't strong enough.
Read more: Meta contributes over Tk1.5 crore for Sitrang-hit people's rehabilitation efforts
Meta warned in its latest earnings report that without a legal basis for data transfers, it will be forced to stop offering its products and services in Europe, “which would materially and adversely affect our business, financial condition, and results of operations.”
The social media company might have to carry out a costly and complex revamp of its operations if it's forced to stop shipping user data across the Atlantic. Meta has a fleet of 21 data centers, according to its website, but 17 of them are in the United States. Three others are in the European nations of Denmark, Ireland and Sweden. Another is in Singapore.
Other social media giants are facing pressure over their data practices. TikTok has tried to soothe Western fears about the Chinese-owned short video sharing app's potential cybersecurity risks with a $1.5 billion project to store U.S. user data on Oracle servers.
Read more: Ohio retirement fund sues Facebook over investment loss
Big Tech crackdown looms as EU, UK ready new rules
TikTok, Twitter, Facebook, Google, Amazon and other Big Tech companies are facing rising pressure from European authorities as London and Brussels advanced new rules Tuesday to curb the power of digital companies.
The U.K. government unveiled draft legislation that would give regulators more power to protect consumers from online scams and fake reviews and boost digital competition.
Meanwhile, the European Union was set to release a list of the 19 biggest online platforms and search engines that face extra scrutiny and obligations under the 27-nation bloc's landmark digital rules taking effect later this year.
Also Read: TikTok attorney: China can’t get U.S. data under plan
The updates help solidify Europe’s reputation as the global leader in efforts to rein in the power of social media companies and other digital platforms.
Britain's Digital Markets, Competition and Consumers bill proposes giving watchdogs more teeth to draw down the dominance of tech companies, backed by the threat of fines worth up to 10% of their annual revenue.
Under the proposals, online platforms and search engines can be required to give rivals access to their data or be more transparent about how their app stores and marketplaces work.
The rules would make it illegal to hire someone to write a fake review or allow the posting of online consumer reviews “without taking reasonable steps" to verify they're genuine. They also would make it easier for consumers get out of online subscriptions.
The new rules, which still need go through the legislative process and secure parliamentary approval, would apply only to companies with 25 million pounds in global revenue or 1 billion pounds in U.K. revenue.
Also Read: Twitter restores blue tick to high-profile accounts with over 1 million followers
Also Tuesday, the European Commission, the EU's executive arm, is set to designate 19 of the biggest online platforms or search engines that will have to take extra steps to clean up illegal content and disinformation and keep users safe online.
Violations of the bloc’s new Digital Services Act could result in fines worth up to 6% of a company’s annual global revenue — amounting to billions of dollars — or even a ban on operating in the EU.
Google, Twitter, TikTok, Apple, Facebook and Instagram have already disclosed that they have more than 45 million users in Europe, putting them over the bloc's threshold.
Terminal 3 of Dhaka Airport getting ready to ‘take off’: JICA shares latest photos
Japan International Cooperation Agency (JICA) yesterday (March 14, 2023) shared stunning photos of Hazrat Shahjalal International Airport’s Terminal 3 on its Facebook page.
The photos show the beautifully designed ceiling of the new terminal and construction work going on at the extension site.
Read More: Bay terminal likely to start operation in 2026: Khalid
Meta slashes another 10,000 jobs
Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
The company announced 11,000 job cuts in November, about 13% of its workforce at the time.
Meta and other tech companies have been hiring aggressively for at least two years and in recent months have begun to let some of those workers go.
Early last month, Meta posted falling profits and its third consecutive quarter of declining revenue.
The company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then its business groups in late May.
“This will be tough and there’s no way around that,” said CEO Mark Zuckerberg. “It will mean saying goodbye to talented and passionate colleagues who have been part of our success.”
The Menlo Park, California, company has invested billions of dollars to realign its focus on the metaverse. In February it said a downturn in online advertising and competition from rivals such as TikTok weighed on results.
“As I’ve talked about efficiency this year, I’ve said that part of our work will involve removing jobs -- and that will be in service of both building a leaner, more technical company and improving our business performance to enable our long term vision,” said Zuckerberg.
The biggest tech companies in the U.S. are cutting costs elsewhere, too.
This month, Amazon paused construction on its second headquarters in Virginia following the biggest round of layoffs in the company’s history and its shifting plans around remote work.
In early trading, Meta shares rose 6%.
Facebook ran ads in Moldova for oligarch sanctioned by US
Facebook allowed an exiled Moldovan oligarch with ties to the Kremlin to run ads calling for protests and uprisings against the pro-Western government, even though he and his political party were on U.S. sanctions lists.
The ads featuring politician and convicted fraudster Ilan Shor were ultimately removed by Facebook but not before they were seen millions of times in Moldova, a small nation of about 2.6 million sandwiched between Romania and war-torn Ukraine.
Seeking to exploit anger over inflation and rising fuel prices, the paid posts from Shor's political party targeted the government of pro-Western President Maia Sandu, who earlier this week detailed what she said was a Russian plot to topple her government using external saboteurs.
“Destabilization attempts are a reality and for our institutions, they represent a real challenge,” Sandu said Thursday as she swore in a new government led by pro-Western Prime Minister Dorin Recean, her former defense and security adviser. “We need decisive steps to strengthen the security of the country.”
The ads reveal how Russia and its allies have exploited lapses by social media platforms — like Facebook, many of them operated by U.S. companies — to spread propaganda and disinformation that weaponizes economic and social insecurity in an attempt to undermine governments in Eastern Europe.
Shor's ads have helped fuel angry protests against the government and appear to be aimed at destabilizing Moldova and returning it to Russia's sphere of influence, according to Dorin Frasineau, a foreign policy adviser to former Moldovan Prime Minister Natalia Gavrilita, whose resignation led to the formation of the new government on Thursday.
“Even though he is on the U.S. sanctions list, I still see sponsored ads on Facebook,” Frasineau said, saying he had spotted what he believes were fake accounts sharing the posts this week. He said the Moldovan government sought answers from Facebook to no avail. “We have talked with Facebook, but it is very hard because there is no specific person, no contact.”
Rules governing the sanctions list prohibit U.S. companies from engaging in financial transactions with listed individuals and groups. The U.S. Treasury Department, which manages the sanctions program, declined to comment publicly when asked about the ads.
In a statement to The Associated Press, Meta, the company that owns Facebook and Instagram, said it removed the posts as soon as it found them.
“When Ilan Shor and the Shor Party were added to the U.S. sanctions list, we took action on their known accounts," a company spokesperson said. “When we identified new associated accounts, we took action on those, as well. We adhere to U.S. sanctions laws and will continue working to detect and enforce against fake accounts and pages that violate our policies.”
Meta, which recently announced deep layoffs, did not respond to questions about the size of its staff in Moldova, or the number of employees who speak Moldova's languages. Like many big tech firms based in the U.S., Meta has sometimes struggled to moderate content in languages other than English.
The ads were identified by researchers at Reset, a London-based nonprofit that researches social media’s impact on democracy, who shared their findings with The Associated Press. Felix Kartte, a senior adviser at Reset, said Meta’s response to disinformation and propaganda in Moldova could have sweeping implications for European security.
“Their platforms continue to be weaponized by the Kremlin and Russian secret services, and because of the company’s inaction, the U.S. and Europe risk losing a key ally in the region,” said Kartte, who is based in Berlin.
Nine different paid posts from the Shor Party ran on Facebook after the U.S. imposed sanctions. Most were removed within a week after the sanctions announcement, though Shor bought another paid post in January, two months after he was sanctioned. All were clearly identifiable by Shor's name.
The posts can be found on Facebook’s online advertisement library, which contains a searchable catalogue.
The library confirms the ads placed by Shor and his party were seen millions of times before they were ultimately removed.
The most recent ad, taken down a month ago, was pulled because it failed to include a disclaimer about the ad's sponsor, according to a notation attached to one of the videos in the library. The library does not mention the sanctions.
The ads weren’t money makers for Meta, generating only about $15,000 in revenue, a pittance for a company that earned $4.65 billion in the last quarter.
Nonetheless, they were effective. One ad, which ran on Facebook for just two days — October 29-30 — was seen more than a million times in Moldova. In the post, which cost Shor’s party less than $100 to upload, the oligarch accuses Sandu’s government of corruption and kleptocracy.
“You and I will have to pull them out of their offices by the ears and throw them out of our country like evil spirits,” Shor tells the audience.
Shor, 35, is an Israeli-born Moldovan oligarch who leads the populist, Russia-friendly Shor Party. Currently living in exile in Israel, Shor is implicated in a $1 billion theft from Moldovan banks in 2014; is accused of bribery to secure his position as chair of a Moldovan bank, and was named in October on a U.S. Treasury Department sanctions list as working for Russian interests.
The U.S. says Shor worked with “corrupt oligarchs and Moscow-based entities to create political unrest in Moldova” and to undermine the country’s bid to join the EU. The sanctions list also names the Shor Party and Shor's wife, a Russian pop star. The U.K. also added Shor to a sanctions list last December.
Last fall, Moldova was rocked by a series of anti-government protests initiated by the Shor Party, which saw thousands take to the streets in the capital, Chisinau, at a time of skyrocketing inflation and an acute energy crisis after Russia reduced gas supplies to Moldova.
Many of the protesters called for early elections and demanded Sandu's resignation.
Around the same time, Moldova’s government filed a request to the country’s Constitutional Court to declare the Shor Party illegal, a case that is ongoing. Moldova’s anti-corruption prosecutors’ office also opened an investigation into the financing of the protests, which prosecutors said involved at least some Russian money.
On Monday, Sandu went public with what she claimed was a plot by Moscow to overthrow the government using external saboteurs, to put the nation “at the disposal of Russia” and to derail it off its course to one day join the EU.
Sandu said the purported Russian plot envisioned attacks on government buildings, hostage-takings and other violent actions by groups of saboteurs. Russia has since strongly denied those claims.
Once part of the Soviet Union, Moldova declared its independence in 1991. In recent years, the country has lurched from one political crisis to another, often caught in limbo between pro-Russian and pro-Western sentiments.
But in 2021, after decades of largely oligarchic power structures and various Russia-friendly leaders, Moldovans elected a pro-Western, pro-European government, which put it on a more distinctly Western-oriented path. In June, Moldova was granted EU candidate status, the same day as Ukraine.
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McGrath reported from Sighisoara, Romania.
Facebook user data issue: Facebook parent company Meta will pay $725M
Facebook’s corporate parent has agreed to pay $725 million to settle a lawsuit alleging the world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016.
Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram, were disclosed in court documents filed late Thursday. It will still need to be approved by a judge in a San Francisco federal court hearing set for March.
The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties to Trump political strategist Steve Bannon, had paid a Facebook app developer for access to the personal information of about 87 million users of the platform. That data was then used to target U.S. voters during the 2016 campaign that culminated in Trump’s election as the 45th president.
Uproar over the revelations led to a contrite Zuckerberg being grilled by U.S. lawmakers during a high-profile congressional hearing and spurred calls for people to delete their Facebook accounts. Even though Facebook’s growth has stalled as more people connect and entertain themselves on rival services such as TikTok, the social network still boasts about 2 billion users worldwide, including nearly 200 million in the U.S. and Canada.
Also read: Meta brings Facebook Reels to Bangladesh
The lawsuit, which had been seeking to be certified as a class action representing Facebook users, had asserted the privacy breach proved Facebook is a “data broker and surveillance firm,” as well as a social network.
The two sides reached a temporary settlement agreement in August, just a few weeks before a Sept. 20 deadline for Meta CEO Mark Zuckerberg and his long-time chief operating officer, Sheryl Sandberg, to submit to depositions.
The company based in Menlo Park, California, said in statement Friday it pursued a settlement because it was in the best interest of its community and shareholders.
“Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program," said spokesperson Dina El-Kassaby Luce. “We look forward to continuing to build services people love and trust with privacy at the forefront.”
Meta brings Facebook Reels to Bangladesh
After the launch of Instagram Reels in August, Meta has now brought Facebook Reels to everyone in Bangladesh, introducing short-form, entertaining video experiences and tools to creators and audiences on the Facebook app.
It is available for both iOS and Android users, Meta said in a statement Sunday.
"Reels gives people a new outlet to express their creativity with the ability to record videos, select music, and add photos and timed text. It helps creators expand the reach of their content, and for new creators to be discovered," it added.
Meta has expanded the availability of Facebook Reels for iOS and Android to more than 150 countries across the globe.
READ: Tweets with racial slurs soar since Musk takeover
"We're also introducing better ways to help creators to earn money, new creation tools and more places to watch and create Facebook Reels," the company said.
Meta is focusing on making Reels the best way for creators to get discovered, connect with their audience and earn money. The company also wants to make it fun and easy for people to find and share relevant and entertaining content.
Since Facebook Reels' launching in the US, it has seen creators like Kurt Tocci (and his cat, Zeus) share original comedic skits, author and Bulletin writer Andrea Gibson offer a reading of their published poetry, Nigerian-American couple Ling and Lamb try new foods and dancer and creator Niana Guerrero do trending dances, like the #ZooChallenge.
Bangladeshi content creators like Raba Khan, Ridy Sheikh, and Petuk Couple also shared their reels under the #ReelDeshi hashtag and invited others to create their videos to show what makes them real "deshis." These one-minute travel stories, dance challenges and recipes, show glimpses of the historic sites, music and food of Bangladesh.
READ: 'Kill more': Facebook fails to detect hate against Rohingya
"At Meta, we are always testing new ways for people to express themselves and entertain others. Reels have been inspiring Bangladeshi creators on Instagram, and now people on Facebook can discover more entertaining content, and creators can reach new audiences," Jordi Fornies, Meta's director of emerging markets in Asia Pacific, said.
"We are excited to see the creativity and connections that Reels will unlock for the Bangladeshi Facebook community."
According to Meta, video makes up more than 50 percent of the time spent on Facebook. "There is growing interest in watching fun, entertaining short-form videos, and expressing themselves by making their own."
Facebook parent Meta reduces its employment by 13%, or 11,000 positions.
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon Musk. There have been numerous job cuts at other tech companies that hired rapidly during the pandemic.
Zuckerberg said that he had made the decision to hire aggressively, anticipating rapid growth even after the pandemic lockdowns ended.
“Unfortunately, this did not play out the way I expected,” Zuckerberg said in a statement. “Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that.”
Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown era because more people stayed home and scrolled on their phones and computers. But as the lockdowns ended and people started going outside again, revenue growth began to falter.
Also read: Competition with TikTok: Facebook parent Meta reports revenue down
Of particular concern to investors, Meta poured over $10 billion a year into the “metaverse” as it shifts its focus away from social media. Zuckerberg predicts the metaverse, an immersive digital universe, will eventually replace smartphones as the primary way people use technology.
Spooked investors have sent company shares tumbling more than 71% since the beginning of the year and the stock now trades at levels last seen in 2015.
An economic slowdown and a grim outlook for online advertising — by far Meta’s biggest revenue source — have contributed to Meta's woes as well. This summer, the company posted its first quarterly revenue decline in history, followed by another, bigger decline in the fall.
Some of the pain is company-specific, while some is tied to broader economic and technological forces.
Last week, Twitter laid off about half of its 7,500 employees, part of a chaotic overhaul as Musk took the helm. He tweeted that there was no choice but to cut the jobs “when the company is losing over $4M/day," though did not provide details about the losses. Snap, the owner of Snapchat, also recently laid off 1,000 workers and online real estate broker Redfin said Wednesday it is cutting 862 employees.
Meta and its advertisers are bracing for a potential recession. There’s also the challenge of Apple's privacy tools, which make it more difficult for social media platforms like Facebook, Instagram and Snap to track people without their consent and target ads to them.
Although Meta has been hurt by broader economic trends that have curtailed spending on digital ads, the company’s challenges have been compounded by the rise of TikTok at the same time Zuckerberg is pouring billions into a metaverse that so far seems like a distant mirage, said Forrester Research analyst J.P. Gownder.
“They are making a big bet on something that may not happen for another five to 10 years,” Gownder said. “What they need to be doing is trying to solve some of their fundamental business problems. This (mass layoff) is only a stopgap.”
Zuckerberg said Meta is cutting costs across its business, but he added that this alone won't big costs in line with its revenue growth.
In addition to the layoffs, a hiring freeze at the company will be extended through the first quarter of 2023, Zuckerberg said. The company has also slashed its real estate footprint and he said that with so many employees working outside of the office, the company will transition to desk sharing for those that remain.
More cost cuts at Meta will be rolled out in coming months, Zuckerberg said.
Zuckerberg told employees Wednesday that they will receive an email letting them know if they are among those being let go. Access to most company systems will be cut off for people losing their jobs, he said, due to the sensitive nature of that information.
“We’re keeping email addresses active throughout the day so everyone can say farewell,” Zuckerberg said.
Former employees will receive 16 weeks of base pay, plus two additional weeks for every year with the company, Zuckerberg said. Health insurance for those employees and their families will continue for six months.
Even with Wednesday's reductions, Meta still has more than 75,000 workers around the globe. In fact, the company had 71,970 workers at the end of 2021, and less than 59,000 at the end of 2020.
Brad Gerstner, the CEO of Meta shareholder Altimeter Capital, wrote an open letter to Zuckerberg last month urging him to tighten Meta's belt.
“Meta has drifted into the land of excess — too many people, too many ideas, too little urgency,” Gerstner wrote. “This lack of focus and fitness is obscured when growth is easy but deadly when growth slows and technology changes.”
Gerstner urged Zuckerberg to streamline costs and focus the company in an open letter posted on Medium. His suggestions include cutting 20% of the company’s workforce — which still would only set Meta back to 2021 levels of staffing, backing Gerstner’s point that the company has become bigger than it needs to be.
Meta's Wednesday layoffs, while historic for the company, breaks no tech industry records. Hewlett Packard let go about 2/3 of its workforce between 2010 and 2021, going from 324,600 employees to 111,000 as of Oct. 31, 2021 for HP Inc. and HP Enterprises, which had been one company back in 2010.
And its peak in 1986, IBM had about 400,000 employees worldwide. At the end of last year, IBM had about 282,000 full-time workers.
It's not yet clear if Meta — and the social media economy — is on a similar trajectory. A decade ago, Facebook successfully pivoted its business from running a website on desktop computers to an app — then multiple apps — on smartphones. While it is possible that it will be able to make the switch again to a new communications platform in the metaverse, the world — and the company — have changed tremendously.
“Meta has three huge problems to overcome: It is no longer an innovative groundbreaker; its grip on market domination is dwindling; and the promise of the metaverse, the centerpiece of Zuckerberg’s vision for the future of his company, has been diminished by a combination of consumer apathy, business skepticism, and the realities of a sinking worldwide economy,” Gerstner wrote.
Shares of Meta Platforms Inc. added $5, or 5.2% to close at $101.47 on Wednesday.
Amidst weakened revenue, Facebook owner Meta laying off 11,000 people
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon Musk. There have been numerous job cuts at other tech companies that hired rapidly during the pandemic.
Zuckerberg as well said that he had made the decision to hire aggressively, anticipating rapid growth even after the pandemic ended.
“Unfortunately, this did not play out the way I expected,” Zuckerberg said in a prepared statement. “Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that.”
Read: Competition with TikTok: Facebook parent Meta reports revenue down
Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown era because more people stayed home and scrolled on their phones and computers. But as the lockdowns ended and people started going outside again, revenue growth began to falter.
An economic slowdown and a grim outlook for online advertising — by far Meta’s biggest revenue source — have contributed to Meta’s woes. This summer, Meta posted its first quarterly revenue decline in history, followed by another, bigger decline in the fall.
Some of the pain is company-specific, while some is tied to broader economic and technological forces.
Last week, Twitter laid off about half of its 7,500 employees, part of a chaotic overhaul as Musk took the helm. He tweeted that there was no choice but to cut the jobs “when the company is losing over $4M/day,” though did not provide details about the losses.
Meta has worried investors by pouring over $10 billion a year into the “metaverse” as it shifts its focus away from social media. Zuckerberg predicts the metaverse, an immersive digital universe, will eventually replace smartphones as the primary way people use technology.
Meta and its advertisers are bracing for a potential recession. There’s also the challenge of Apple’s privacy tools, which make it more difficult for social media platforms like Facebook, Instagram and Snap to track people without their consent and target ads to them.
Read: Facebook parent settles suit in Cambridge Analytica scandal
Competition from TikTok is also an a growing threat as younger people flock to the video sharing app over Instagram, which Meta also owns.
“We’ve cut costs across our business, including scaling back budgets, reducing perks, and shrinking our real estate footprint,” Zuckerberg said. ”We’re restructuring teams to increase our efficiency. But these measures alone won’t bring our expenses in line with our revenue growth, so I’ve also made the hard decision to let people go.”
Zuckerberg told employees Wednesday that they will receive an email letting them know if they are among those being let go. Access to most company systems will be cut off for people losing their jobs, he said, due to the sensitive nature of that information.
“We’re keeping email addresses active throughout the day so everyone can say farewell,” Zuckerberg said.
Read: 'Meta must pay': Facebook algorithms fuelled anti-Rohingya atrocities, says Amnesty
Former employees will receive 16 weeks of base pay, plus two additional weeks for every year with the company, Zuckerberg said. Health insurance for those employees and their families will continue for six months.
Shares of Meta Platforms Inc. jumped 4% before the opening bell Wednesday.
WhatsApp services restored after longest reported outage
After the longest reported downtime, WhatsApp messaging services are now operational again. For approximately 90 minutes, the instant messaging service was not available.
Users reported receiving all messages now that WhatsApp is officially up and running.
WhatsApp is currently functional on WhatsApp Web, Android, and iOS apps. Although some users claim that services on WhatsApp Web are still not functioning, phone app should be functional.
Read WhatsApp down: Users report not being able to send, receive messages
Many worldwide use WhatsApp, a popular messaging service owned by Meta, to send rapid texts.
Earlier today, WhatsApp experienced a significant outage that lasted for about two hours. This prevented millions of WhatsApp users from sending or receiving messages globally.
WhatsApp earlier claimed that it was working to resume operations.
“We’re aware that some people are currently having trouble sending messages and we’re working to restore WhatsApp for everyone as quickly as possible,” a Meta spokesperson has said.
Read Users report not able to send, receive messages
Facebook, Instagram, and WhatsApp are all owned by the US-based firm Meta.