Memo: Meta terminates major DEI programs, including for hiring, training, and procurement, citing a changed “legal and policy landscape” around DEI in the US
Meta is ending its DEI programs Bradley Cortright / New York Sun : Meta Abandons its DEI Programs Days Ahead of Trump's Inauguration Edith Olmsted / New Republic : Mark Zuckerberg Goes Full MAGA With ...
Meta forms a new product group to build AI tools for the 200M businesses that use its apps, led by Clara Shih, who most recently was Salesforce AI's CEO
Sara Fischer / Axios :
Former Meta COO Sheryl Sandberg plans to leave Meta's board and become an informal advisor to the company in May 2024; Sandberg left Meta in September 2022
Sara Fischer / Axios :
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic”
More than 1600 employees will be impacted — 50% of Yahoo's ad tech unit being cut https://www.axios.com/... Matt Barash / @mjbarash : The buy side (DSP) play probably wasn't on a ton of bingo cards. T...
Memo: Meta plans to merge its business integrity unit, which moderates ads, and central integrity team, which moderates posts; the team will have ~3,000 people
Meta is merging its business integrity unit, the team that moderates ad content, with its central integrity team … Tweets: @sarafischer , @blackamazon , @manan , @axios , and @mattnavarra Tweets: Sara...
Sources: Meta begins telling its 50 US news partners that it will no longer pay for content to run on Facebook's News Tab, ending a three-year deal from 2019
Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content … Tweets: @sarafischer , @sarafischer , @joshelman , @rj_writes , @matt...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
LinkedIn announces the formation of a global creator management team, led by its EIC Dan Roth, aiming to support and grow content creators on the platform
Sara Fischer / Axios : Tweets: @danroth , @nick_dewilde , @sarthakgh , @changeist , @sarafischer , @axios , and @ljin18 Tweets: Daniel Roth / @danroth : We're building out our creator management team...
Axios says it will launch AxiosHQ, which lets companies write internal memos styled like Axios newsletters, next month, starting at $10K a year
AxiosHQ communications platform to launch with Delta Air Lines and AT&T among early customers — Punchy news startup Axios is betting … Tweets: @stevekopack , @caseynewton , @benmullin , @katie_roof ...
Match Group names ex-CBS Interactive boss Jim Lanzone as Tinder's new CEO, beginning August 3
Georgia Wells / Wall Street Journal : Tweets: @austin_rief , @kantrowitz , @jlanzone , @sarafischer , @joshelman , and @bgurley See also Mediagazer Tweets: @austin_rief : Interesting to see dating ap...