The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Ridgewood NJ, WhatsApp, the messaging app owned by Facebook parent Meta, suffered a global outage on Tuesday. Problems were first detected around 3:17 a.m. ET, according to Downdetector.com, which monitors outages across internet services. Normal service on WhatsApp had appeared to be restored at around 5 a.m. ET.
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Ridgewood NJ, Mark Zuckerberg warns staff Facebook will be ‘turning up the heat’ to weed out underperformers: ‘You might decide this place isn’t for you, and that’s OK with me’. Meta (Facebook) is cutting back on hiring as slow growth and macroeconomic headwinds push the company to downgrade its economic outlook. It will hire 30% fewer engineers this year than planned. The company will also start weeding out staff who are unable to meet certain KPIs. Meta ended the first quarter of 2022 with 28% more full-time employees than it had a year earlier. It started a hiring freeze in May as user growth and ad revenue started decreasing. Continue reading Facebook Cuts Back on Hiring and Threaten to Let Go Underperformers
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Ridgewood NJ, according to Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, California, field offices, fraudsters exploit LinkedIn to lure users into cryptocurrency investment schemes pose a “significant threat” to the platform and consumers .
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Ridgewood NJ, Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta. Sandberg joined Facebook in 2008 and helped turn the company into an advertising juggernaut. Javier Olivan will take over as COO this fall. Sandberg will now be able to focus more on her philanthropic work. She will continue to serve on Meta’s board of directors.
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Ridgewood NJ, according to Our Lady of Mount Carmel Church in Ridgewood, Facebook no longer allows us to post our live stream of Mass to their site with no explanation as to why. They have done this to MOST churches not just us.
Yaeram Lee
Leonia NJ, in a 2015 TedTalk, Robert Waldinger- director of study on adult development- stated that a good life is one of which individuals remain in a happy state. Today, there are many methods to achieve this state: money, health, fame, etc. Compared to the primordial ages, new technology in the 21st Century has greatly improved an individual’s chance of gaining one, if not all three, of these things. However, if we trace back in time, it is evidently shown that the human race had tendencies to group together (whether out of survival instincts or loneliness). The social characteristics of the human race remain true today- individuals are in a happy state when they are in “good” relationships.
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Ridgewood NJ, it looks like the the age of Netflix and chill is over. Netflix is, of course, the N company in the super-tech quintet of FAANG titans which includes Facebook, Amazon, Apple, and Google.
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Ridgewood NJ, remember when everyone in Washington from Senators Elizabeth Warren, Amy Klobuchar and Josh Hawley to the Biden FTC accused Facebook of engaging in illegal monopolistic behavior. Congress and the Biden Administration regulators were even pushing to break up Facebook , but they are too late. The market is already doing that on its own.
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Ridgewood NJ, for the first time in its 18-year history, Facebook lost close to 500,000 subscribers over the last three months. As a result, the parent company’s stock, Meta, plummeted 26%, shaving more than $220 billion of its value. That’s more than one-fifth of a TRILLION dollars lost in one day. This freefall comes on the heels of Facebook blocking US Trucker’s from their social media site for allegedly violating established policies. Watch out. US Truckers are now organizing a convoy to Washington, DC, similar to the movement sweeping across Canada. Some people speculate that limbo music might be in order for the newly named Meta stock: “How long can you go?”
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Ridgewood NJ, Facebook reported its first-ever quarterly decline of global daily users and lower-than-expected ad growth at an earnings call on Wednesday. The news resulted in a massive stock drop that wiped out roughly $200 billion in market value. Its drop in daily users may be due to Facebook’s increasing lack of relevance with young people. Meta is still wildly profitable, making nearly $40 billion last year. It plans to release its next VR headset later this year.
Continue reading Facebook loses daily users for the first time ever
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the staff of the Ridgewood blog
Ridgewood NJ, Meta is rolling out Year in Review features for both Facebook and Instagram. Facebook users will be able to share a personalized card with highlights from 2021 until the end of December. Instagram users will be able to share a Playback time capsule made up of up to ten stories to their IG Story for several weeks. The review features on both platforms are fully customizable. They will be available to users all around the globe over the next few days.
the staff of the Ridgewood blog
Ridgewood NJ, Acting Attorney General Andrew J. Bruck announced today that New Jersey is co-leading a nationwide investigation into whether the social media platform Instagram is violating state consumer protection laws and putting children, teenagers and young adults at risk by inducing them to use the platform in ways that are potentially harmful to them.
Continue reading Village of Ridgewood Facebook Self-righteous Vitriol and Bigotry Reach New Heights
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Ridgewood NJ, Ego4D is a research project at Facebook that is using first-person video data to train AI to develop skills such as episodic memory, forecasting, and audio-visual diarization. It could result in AI systems that can remember who said what when and answer questions such as ‘where did I leave my keys?’. Facebook stresses that this is a research project rather than a commercial development. It partnered with 13 universities to record 3,205 hours of first-person footage for researchers to use to train AI systems.
Continue reading Facebook AI systems will see, hear, and remember everything you do
