facebook

• Meta is changing Facebook’s feed to be more like TikTok
• Meta survey: 58% of consumers purchased a product in the past six months because of a creator’s recommendation

  Meta has made a "playbook" public that helps brands and businesses navigate the world of "creator marketing" by sharing statistics.

  
• The FTC says social media is rife with crypto scams—and victims are losing hundreds of millions of dollars

  In 2021, people lost more than $1 billion to cryptocurrency scams. That’s more than 60 times what they reported losing in 2018.

  
• Meta hopes “platform agnostic” creators will flock to its events at VidCon

  Meta will increase its presence at VidCon and will use the convention to sell creators on Instagram Reels and Facebook's VR efforts.

  
• Jojo Siwa’s fans will be able to tune into Facebook Watch to learn where ‘Jojo Goes’
• Facebook’s giving up on podcasts, its Clubhouse copycat, and apparently audio as a whole
• Instagram users now spend 20% of their time on the app watching Reels
• Companies like Google and Meta could face billion-dollar fines if they don’t comply with a new European Union law
• Spring has hired a Facebook alum as its President and Chief Operating Officer
• Dispo among those hit by “burdensome, overbroad, vexatious and harassing” subpeona from Meta
• Reels creators say their monthly payouts have been cut by as much as 70%
• Facebook needed a way to stay ahead of TikTok. So it paid for smear campaigns in local newspapers.