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The move came as regulators were cracking down and questioned the company’s ethics of using the technology. Unsurprisingly, the system was the largest of its kind in the world and was used to automatically tag people in photos and videos on Facebook. It looks like numerous people confused the shutdown of Facebook’s facial recognition system thinking that the social was going away.įacebook said they were going to delete the facial recognition data of more than 1 billion people.
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That being said, many are now confused if Facebook will be shutdown in the near future. Moreover, splitting up Facebook with Meta as the parent company will enable them to focus on WhatsApp and Instagram better and allow them to place bets in areas like Augmented and Virtual Reality where regulation isn’t so strict. However, despite the recent accusations against Facebook in the US Senate, the company recorded a profit of $9 billion from July to September, which is ironically more than the $7.8 billion the company earned last year. “At the heart of these accusations is this idea that we prioritise profit over safety and wellbeing. Recently, Mark Zuckerberg hit back at the whistleblower claiming that her statements were untrue and don’t make any sense. Several media outlets also backed the claim that Facebook miserably failed at content and hate speech moderation outside of the US, with the company even helping those in power in some countries. The move comes after an ex-Facebook employee turned whistleblower Frances Haugen revealed that the company prioritized monetary profits over people. While Mark Zuckerberg said that Meta is their way of showing the world their dedication to the development of the metaverse, it looks like they just want to save the company from negative publicity. That being said, the company recently decided to rename itself to ‘Meta.’ Original story (published on November 06, 2021) follows:įacebook is undoubtedly the world’s largest social network with more than 2.91 billion monthly active users.