This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Meta and its AI glasses hardware partner EssilorLuxottica are getting ready to launch the next generation of their Ray-Ban AI glasses. That’s according to a series of FCC filings for […]
Meta disclosed in SEC filings on Tuesday that it had granted stock options to six of its most senior executives, the first such awards since the company’s 2012 IPO. Hours later, it laid off approximately 700 employees across Reality Labs, recruiting, s…
Meta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information. The job cuts impact workers on Meta’s recruiting, social media, and sales teams, along with Reality Labs, the division that develops the company’s smart glasses and virtual reality headsets. “Teams across Meta […]
A Los Angeles jury has found Meta and Google liable for intentionally building addictive social media platforms that harmed a young woman’s mental health, awarding her $3 million in compensatory damages in what is the first trial verdict of its kind in…
The jury in a landmark trial testing claims about social media addiction against Meta’s Instagram and Google’s YouTube determined that the two companies failed to warn users about the risks of using their products. The jury found the companies’ negligence was a substantial factor in harms like the mental health issues sustained by a now […]
Meta began cutting hundreds of jobs on Wednesday across Reality Labs, Facebook, recruiting, sales, and global operations, according to people familiar with the matter and LinkedIn posts from affected employees. The layoffs are the latest in a rolling s…