Riley Griffin

4 days ago | bloomberglinea.com | Riley Griffin |Kurt Wagner |Jeenah Moon

Bloomberg — Los sistemas de software automatizados de Instagram recomendaban a los acosadores infantiles o groomers conectar con menores en la aplicación, lo que les facilitaba encontrar víctimas, según un documento interno de 2019 presentado ante los tribunales por la Comisión Federal de Comercio (FTC). El informe interno de Meta Platforms Inc.

1 week ago | news.bloomberglaw.com | Riley Griffin |Kurt Wagner

Instagram’s automated software systems recommended that child “groomers” connect with minors on the app, making it easier for them to find victims, according to a 2019 internal document presented in court by the Federal Trade Commission. The Meta Platforms Inc. report noted that minors made up 27% of the follow recommendations that the social media app surfaced to “groomers,” a term the company used to refer to accounts they identified as exhibiting predatory behavior toward children.

1 week ago | bloomberg.com | Riley Griffin |Kurt Wagner

An employee walks past branded posters displayed at the Instagram Inc. office in New York, U.S., on Monday, June 4, 2018. Once, Instagram was a simple photo-sharing app, a way for iPhone shutterbugs to show off their latest cool pics. Now, its visual nature and 1 billion active users have sellers salivating over its potential as a place to sell everything from dresses to furniture.

1 week ago | spokesman.com | Riley Griffin |Kurt Wagner

Meta Platforms Inc. shares jumped after the company’s advertising sales quelled Wall Street concerns about the impact of the Trump administration’s trade war, with first-quarter revenue beating expectations. The maker of Facebook and Instagram reported $42.3 billion in first-quarter sales, the company said in a statement Wednesday. That topped analysts’ estimates for $41.4 billion for the quarter ended March 31.

2 weeks ago | mercurynews.com | Riley Griffin |Mark Gurman

By Riley Griffin and Mark Gurman | BloombergMeta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter. The latest round of job cuts impacted Reality Labs staff focused on creating VR experiences for Meta’s Quest headsets, as well as operations-focused employees working on hardware, said the person, who asked not to be named as the details weren’t public.