Meta Announces Changes to Facebook Live Video Storage Policy | Small Biz Trends

Meta is updating its Facebook Live video storage policy, limiting the availability of live broadcasts to 30 days before automatic deletion. The change, which takes effect on February 19, will align Facebook’s storage policies with industry standards and streamline how live video content is managed on the platform.

New 30-Day Limit for Live Videos

Under the updated policy, new live broadcast videos can be replayed, downloaded, or shared for 30 days before they are automatically removed from Facebook. Previously, live videos were stored indefinitely.

Additionally, all live videos older than 30 days will be deleted in phases over the coming months. Meta will notify users before deletion, giving them 90 days to download, transfer, or repurpose their content. Users will receive these notifications via email and in the app.

Read More

Facebook owner Meta to pay $25m to settle Trump lawsuit over ban | BBC News

US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay out roughly $25m (£20m).

Trump sued the social media giant and its chief executive, Mark Zuckerberg, in 2021 over the suspension of his accounts after the 6 January Capitol riots that year.

In July 2024, Meta lifted the final restrictions on Trump’s Facebook and Instagram accounts in the lead up to US presidential elections.

The settlement was first reported by the Wall Street Journal.

Read More

Mom’s Side Hustle Started With Facebook, Earns $1M+ a Year | Entrepreneur

What was your day job or primary occupation when you started your side hustle?

I was a stay-at-home mom with a baby and a toddler, both boys. My husband also left his career and closed his insurance agency to work at Kole Jax full-time for five years. His old insurance agency office is actually the space we now use for Kole Jax Designs HQ!

When did you start your side hustle, and where did you find the inspiration for it?

I started Kole Jax Designs in January 2012. I have always loved jewelry and the way it makes me feel. I was inspired by that and my need to create. My goal was to establish a fulfilling, home-based career that would allow me to monetize my passions and be present for my children. The name Kole Jax comes from my sons’ middle names: Grayson Kole and Tucker Jax.

Read More

Facebook mirrors TikTok’s vertical video format | Mashable

According to Oscar Wilde, imitation is the sincerest form of flattery. If that’s true, then TikTok must be the most flattered app out there. Everyone wants to be it or beat it or both — and Facebook just made another move to do just that.

On Wednesday, Facebook announced the newest TikTok-ification of its site by rolling out a new full-screen video player on its app, much like the vertical video format TikTok made so famous. All of the Reels you see on Facebook, along with longer videos and Live content, will all be shown to you via a full-screen, vertically-oriented video. The social media giant also purports to have “improved recommendations for videos of all lengths we think you’re most likely to enjoy based on your interests.”

Read More

Facebook and Instagram launch ad-free subscription tier in EU | BBC News

Facebook and Instagram are launching subscriptions in most of Europe that will remove adverts from the platforms.

People using the Meta-owned platforms will be able to pay €9.99 (£8.72) per month for an ad-free experience. It will not be available in the UK.

In January, Meta was fined €390m for breaking EU data rules around ads.

The regulator said at the time the firm could not “force consent” by saying consumers must accept how their data is used or leave the platforms.

The subscription tier will be exclusive to people in the EU, European Economic Area and Switzerland from November.

Read More

Analysis: Silicon Valley’s greatest minds misread pandemic demand. Now their employees are paying for it. | CNN Business

In the early months of the pandemic, Facebook only grew bigger and more central to our lives. With lockdowns spreading, countless people began shopping, socializing and working on Facebook and other online platforms. As CEO Mark Zuckerberg said in March 2020, usage was so high that the company was “just trying to keep the lights on.”

Against that backdrop, Zuckerberg’s company went on a remarkable hiring spree. Facebook, which later rebranded as Meta, went from 48,268 staffers in March 2020 to more than 87,000 as of September of this year. In other words, it hired another Facebook’s worth of staff. And it looked like the company would only keep hiring to support its ambitious plans to build a future version of the internet called the metaverse.

Read More

Facebook owner Meta expected to announce major job losses | BBC News

Facebook’s parent company Meta is reportedly planning to begin large-scale lay-offs this week that will affect thousands of employees.

US media reported at the weekend that the job cuts could be announced as early as Wednesday.

During Meta’s disappointing third quarter results, chief executive Mark Zuckerberg said staffing might fall.

“In 2023, we’re going to focus our investments on a small number of high-priority growth areas,” he said.

Meta has about 87,000 employees worldwide across its different platforms, which include Facebook, Instagram and WhatsApp.

Read More

Facebook became Meta one year ago. Its metaverse dream feels as far away as ever | CNN Business

Even by Facebook’s standards, 2021 was a rough year.

A series of damning reports based on leaks from a whistleblower raised uncomfortable questions about Facebook’s impact on society; the company continued reeling from concerns about the use of its platform to organize the January 6 Capitol riot; and privacy changes from Apple threatened its core advertising business. Meanwhile, young users were flocking to TikTok.

At a virtual reality event on October 28, 2021, CEO Mark Zuckerberg tried to turn the page. Zuckerberg announced that Facebook would change its name to Meta and go all in on building a future version of the internet called the “metaverse,” proving to all in the process that the company he launched in 2004 was more than just a social media business.

One year and billions of dollars later, the so-called metaverse still feels years away, if it ever manifests at all. And the company formerly known as Facebook remains very much a social media business — one that is facing more financial pressure than when it announced the change.

Read More

Facebook is giving us a little bit more control over our feeds | Mashable

As someone who spends an unfortunately significant amount of time on Facebook, there are so many things I would like to see less often. Facebook’s parent company Meta has now, decades after its platform was released to the public, given us that option.

What we see in our Facebook feed is often fueled by the much-criticized algorithm. For instance, if you like a bunch of hiking Groups and Pages, interact with a ton of photos of the outdoors, and post about your backpacking adventures, you might be met with more recommended posts from creators and communities related to hiking. As Facebook puts it, “what you see in your Feed is uniquely personalized to your interests through machine learning.”

Read More

Meta Imposes Strict New Policy for Restructuring Workers | Entrepreneur

A new report by the Wall Street Journal claims that Meta Platforms, formerly Facebook, has told certain employees they must find another job within the company within a 30-day time limit or face termination during the company’s restructuring. Employees set to be terminated if they don’t find a new position internally have reporedtly been put on a “30-day list.”

The harsh push comes as the social media behemoth attempts to cut costs by 10%. A spokesperson for Meta confirmed to WSJ that reports of the attempt to move around employees are accurate.

“We’ve been public about the need for our teams to shift to meet … challenges,” Tracy Clayton, spokesperson for Meta platforms, told the outlet.

Read More