Reading List
The most recent articles from a list of feeds I subscribe to.
★ Is Chrome Even a Sellable Asset?
The Actual Reason Facebook Renamed Itself
Om Malik:
Some of us are old enough to remember that the reason Mark renamed the company is because the Facebook brand was becoming toxic, and associated with misinformation and global-scale crap. It was viewed as a tired, last-generation company. Meta allowed the company to rebrand itself as something amazing and fresh.
I really served that one up to Om. A fastball right down the middle. I even thought, while writing my post earlier today, to mention that the rebrand was, in truth, surely only and always about the Facebook brand having gone rotten, not any actual belief by Zuckerberg in the “metaverse”. And so while “Meta” will never be remembered as the company that spearheaded the metaverse — because the metaverse never was or will be an actual thing — it’s in truth the perfect name for a company that believes in nothing other than its own success.
Meta Laid Off Over 100 Employees in Reality Labs
Alex Heath, reporting for The Verge:
Meta has laid off an unspecified number of employees in its Reality Labs division, a company spokesperson confirmed. The cuts affected teams working in Oculus Studios, Meta’s in-house games division for Quest headsets, as well as some employees involved in the company’s hardware efforts, according to people familiar with the matter.
According to Bloomberg it was “more than 100”.
I’m so old I remember when Facebook renamed itself Meta because the “metaverse” was supposedly the future of the company and, so said Mark Zuckerberg, the future of computing itself. Now, when Zuck goes on Joe Rogan’s podcast and chats for three hours, the metaverse thing doesn’t come up once, not even once, even in passing.
It’s enough to make one suspect Zuck isn’t a straight shooter.
★ Another Periodic Suggestion to Try, Just Try, Switching to Kagi for Search
60 Minutes on Executive Producer Bill Owens’s Resignation and Paramount’s Editorial Interference
60 Minutes correspondent Scott Pelley, in last night’s closing statement:
“Stories we’ve pursued for 57 years are often controversial: lately, the Israel-Gaza war and the Trump administration. Bill made sure they were accurate and fair. He was tough that way.”
“But our parent company, Paramount, is trying to complete a merger. The Trump administration must approve it. Paramount began to supervise our content in new ways. None of our stories has been blocked, but Bill felt he lost the independence that honest journalism requires.”
“No one here is happy about it. But in resigning, Bill proved one thing: He was the right person to lead ‘60 Minutes’ all along.”
Every single executive at Paramount should be ashamed, starting at the top, with the loathsome and cowardly Shari Redstone.