Top Stories

Meta Cuts 13 Percent of Workforce, Eliminating 11,000 Jobs

Meta Platforms on Wednesday began layoffs that will affect 11,000 workers — approximately 13 percent of the company’s workforce of 87,000. Founder and CEO Mark Zuckerberg told the staff via video that “I take full responsibility for this decision,” describing it as “one of the hardest calls I’ve had to make in the 18 years I’ve run the company.” This is the first time mass layoffs have been implemented there. Zuckerberg was described as “downcast” as he discussed the news, saying overly optimistic growth projections led to overstaffing. Read more

WhatsApp Debuts Communities with End-to-End Encryption

Meta Platforms is globally releasing a major update for WhatsApp called Communities, which doubles the number of group chat members to 1,024, and adds video (and voice) for up to 32. Designed for schools, clubs, churches, the workplace and other organizations, Communities features include support for sub-groups, admin controls and in-chat polls. “We’re aiming to raise the bar for how organizations communicate with a level of privacy and security not found anywhere else,” the company said of the upgrade, stressing end-to-end encryption. In fact, Communities are not publicly discoverable, requiring an invitation. Read more

Nvidia Offers Advanced Chip to Clear U.S. Export Control List

Nvidia becomes the first stateside chipmaker to launch a product in China that manages to clear strict U.S. export hurdles aimed at keeping high-end processors out of the territory. Computers with the new Nvidia chip, the A800, are already selling in China. Publicly traded Nvidia had been concerned the export limits could divert hundreds of millions of dollars from its bottom line. In October, U.S. regulators effectively banned shipments of advanced microchips and the equipment required to make them in order to bolster national security and thwart Chinese weaponization. Read more

Twitter Users Are Testing Decentralized Social Site Mastodon

In a social media ecosystem roiling with change, Mastodon is a newcomer that’s picking up steam as change agents and disaffected Twitter users seek alternative outlets. With 4.5 million accounts and growing, the microblogging platform is the brainchild of 29-year-old German software engineer Eugen Rochko, whose “free, open-source decentralized platform” has become the elephant in the room for Elon Musk, who on Monday tweeted three derogatory comments about the service. Musk later deleted the posts, but not before generating waves of publicity for his upstart competitor. Read more

AMC and Zoom to Offer Videoconferencing in Movie Theaters

AMC Theatres is getting in on the growth in Zoom popularity by introducing two-way video-equipped rooms. Working with Zoom Video Communications, AMC will equip Zoom Rooms in 17 of its major markets’ theaters in 2023. “This combines the excellent experience of Zoom with the comfort and state-of-the-art sight and sound technology of AMC’s modern and centrally located theaters,” AMC said of the new alliance, which targets “companies and other entities with decentralized workforces and customer bases to bring people from different markets together for virtual and in-person events and meetings.” Read more

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