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Meta Archives - Factz




Meta Will Lay Off 10,000 More Workers and Not Fill 5,000 Vacant Jobs

Things are going from bad to worse for Meta. The tech titan announced Tuesday that they will be cutting an additional 10,000 employees. This comes after they laid off 11,000 people in November. Additionally, they won’t be filling 5,000 current Read More…


Meta May Soon Block News on Facebook and Instagram

Canadians may soon no longer be able to access news through Facebook or Instagram, if a new bill passes. The Online News Act, being considered in the Canadian legislature, would place Meta in an untenable position, according to Meta spokesperson Read More…


Meta is Ending the Reels Play Bonus Program

Meta’s Reels Play bonus program paid content creators to hit certain benchmarks for their reels. But that program is coming to an end. The change will affect creators on Facebook and US creators on Instagram. Meta will not offer any Read More…


Facebook to Charge $12 a Month for Verified Blue Checks

If people were mad at Twitter for charging $8 a month to be verified, wait until they catch wind of Meta’s new plan. Instagram and Facebook are testing selling verified check marks – for $12 a month. The new “Meta Read More…


META’s Metaverse Division Loses $13.7 billion in 2022

It looks like Zuckerberg has some explaining to do to shareholders. The Metaverse numbers have just been disclosed: The division only lost $13.7 billion. Now the question remains, does META give up on the goggles?


45 Million Users Sue Facebook Over Monetization of Their Data

Facebook is facing a huge lawsuit from about 45 million British users over how they monetize data. This week, Meta asked the legal tribunal to block the case (worth around $3.7 billion). Plaintiffs say that users are not compensated by Read More…


The Verified Blue Checkmark for Instagram Still Holds Value in 2023

Last year FACTZ exposed the blue checkmark verification scam. And currently, you can still buy a blue tic for a price of $25,000 up to $150,000. Meta did a week-long crackdown but then gave up the search on the main Read More…


Meta Employees Banned From Discussing Gun Rights, Abortion, Vaccines and More

According to a new update to Meta’s “community engagement expectations,” employees are banned from certain hot-button topics. The new rules ban staff from discussing things like abortion, gun rights, and vaccines. Also included are political issues (including civil movements and Read More…


Meta Threatens to Pull All News from Facebook Amid Looming Publisher Pay Bill

Meta is threatening to pull all news from Facebook in the United States if a bill they call “ill-considered” passes. The bill, known as the Journalism Competition and Preservation Act, would force Meta and other platforms to compensate publishers and Read More…

Meta Wins $200K Judgment Against Seller of Instagram Likes

Meta won a default judgment last week against a developer from Belarus who allegedly used a network of bots and Instagram accounts to deliver millions of automated likes to his customers’ accounts. US District Court Judge William Alsup handed Meta Read More…