Happy March, DawentsIT Readers! Let’s dive into today’s Tech:
ALL THINGS TECHNOLOGY NEWS YOU NEED TO KNOW TODAY
1. Meta wants Facebook to be more like its younger sibling Instagram. CEO Mark Zuckerberg is structurally changing Facebook to mimic Instagram. The restructuring — which will likely include layoffs, as Insider reported — is part of Zuck’s planned “year of efficiency.”
*Facebook encompasses the most Meta employees. Multiple people told Insider they expect around 5-10% more of Meta’s headcount to get cut in this move.
*And managers are concerned about their roles, after Zuck recently blasted “managers managing managers, managing managers, managing managers, managing.” Some teams have already been stripped from managers, a current employee told Insider.
*My colleagues Kali Hays and Sydney Bradley break down how Facebook is being molded to look more like Instagram.
In Other News:
2. Inside MediaMath’s unraveling. It once seemed the hottest adtech startup around, destined for a fairy-tale exit. But last April, MediaMath’s cofounders and early investors saw their equity wiped out.
3. Google’s sister company changed scientific history. DeepMind, an Alphabet-owned company, made a breakthrough that sped up the hunt for new drugs. More than 1 million researchers use the technology, and it could help develop even more cures.
4. Amazon employees are dueling over office work. Following uproar against CEO Andy Jassy’s return-to-office mandate, hundreds of Amazon employees banded together to support the directive. Screenshots of the new #RTO Slack channel were leaked to Insider.
5. Anotha one, anotha one: Walmart says no ChatGPT. A leaked Walmart memo revealed that employees were warned against sharing confidential information with ChatGPT. It echoes similar warnings from Microsoft and Amazon.
6. Salesforce is reportedly paying Matthew McConaughey $10 million per year. It struck a deal with the actor to serve as a “creative advisor,” per a Wall Street Journal report. Meanwhile, there are also growing expectations that Salesforce is readying a succession plan to appease activist investors.
7. Lowest-earning college majors. The New York Federal Reserve released a new report on college majors and pay. It revealed that recent grads of six majors, including psychology and hospitality, make less than $40,000 per year on average.
8. iPhone users could soon send iMessages through PCs. A few Windows users are currently testing this feature. The updated Phone Link app would allow users to send and receive messages (though not group messages or sending media).
Odds And Ends:
9. Our sun is getting more active. The sun is entering a period of hyperactivity that will last several years. It’ll emit more solar flares, which can disrupt Earth’s radio communications and power grids.
10. These are the best MagSafe battery packs for iPhone users. They make wireless charging secure, convenient, and portable. We found options for different styles and budgets, while looking at charging speed, size, weight, and battery strength.
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