Here’s what has been happening with your favorite social media platforms:
Meta
Word on the street is Meta is preparing for another round of major layoffs. The company has already cut 13% of its workforce with another near equal amount expected to be coming in the next several months. They claim this is a part of their strategy for improving operational efficiency… but the only thing these cuts seem to be efficiently doing is continuously exposing their many flaws within their framework.
Additionally, over a month later, many ad buyers continue to report major disruptions in ad delivery. Was your account impacted? Check it here: metastatus.com/adsmanager
In other Meta news …
- Those who live in glass houses, shouldn’t throw stones now should they, Facebook?! Meta, who has publicly spread negative press about TikTok regarding Data Privacy, has some explaining to do of their own after being slapped with a, “record $1.3 Billion for violating EU rules on Data Transfers,” pertaining to Facebook, according to the European Data Protection Board (EDPU).
- New AI advancements drive Meta’s ads system performance and efficiency as revealed in their detailed delivery process called, “Meta Lattice.”
- Let the social media managers rejoice across the land! Third-party apps will soon be allowed to offer true instagram stories scheduling!
- Instagram adds GIFs to comments! An addition we didn’t ask for but a welcome one at that.
- Barcelona, the new Twitter competitor from Meta, is moving closer to launch!
- A new study from the Pew Research Center claims that 25% of Twitter users don’t expect to be using the platform in 12 months.
- Elon Musk passes the reins! In a recent tweet the mogul shared the news that he has hired a new CEO to take over Twitter in June.
Also Happening
- Last month Montana became the first US state to ban TikTok. Now, the app is challenging the state’s decision, calling the ruling unconstitutional.
- Pinterest adds new features to make pin creation and monetization easier.
- YouTube is retiring YouTube Stories.
- The Creativity and Innovation Network has published some new findings on key LinkedIn algorithm recommendations, based on analysis of 2,000 posts published in the app between February and March of 2023.
- Sprout Social has released a new report with insight on the best times to post on social media for your industry.
