I don’t think MetaManagement has their eye on the ball here. This could end with a quick public opinion swing, enabling politicians to really crack down on them.
Musk should sit up and pay attention too, but he won’t.
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Saw this a few days ago, but because at the time I did not know who 404 media was I didn’t post it until I could check them out. Turns out it’s the people who left Vice Motherboard site because Vice is so awful! So, adding them to my reliable sources list!
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Also, I believe that their finances have become rather sketchy, like so many of the new news sites.
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… with Vice we have to ask which reason it’s so awful, that would make anyone leave at a particular time 
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I heard about this last week:
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In the particular case of the Motherboard people it was because they got their hands on (and I believe leaked?) the spreadsheet showing the executive bonuses that were paid out moments before the massive layoffs and declaration of bankruptcy
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… but how else can those executives be incentivized to continue doing such a great job 
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“ > By 2030, the metaverse might see consumer spending reach $5 trillion, according to a new report from McKinsey & Company.
That was just over two years ago.”
McKinsey 
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Reminds me of how Steve Jobs reportedly opined that the Segway would revolutionize human transportation so thoroughly that future cities would be built around it. He had a better track record than most futurists but wow was he off on that one.
I wonder what Jobs would have thought of Apple’s new venture into VR. It just occurred to me that I haven’t seen any news stories about that fancy Apple headset since just after the company announced the thing.
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Meta is allowing PragerU Kids — which misleadingly promotes right-wing propaganda as educational materials for children — to circumvent its advertising policies and run ads related to “social issues, elections or politics” without the required transparency. Media Matters has identified dozens of these ads that ran on Meta’s platforms since July 11 and promoted content that right-wing organization PragerU claims provides “the solution to woke education” by protecting kids from “radical ideas about gender, race, and anti-Americanism.”
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A post was merged into an existing topic: Livable Cities
Meta is paying £149 million ($181 million) to release itself earlier than planned from a lease on an eight-story office block in London signed two years ago, which still lies vacant.
The antisocial media biz took out a 20-year lease on 1 Triton Square near Regent’s Park in the north-west of England’s capital in 2021, something that supposedly showed Brexit Britain was open for business.
[…]
Zuck dives deeper into the metaverse, dragging Snoop Dogg along for ride
Not content to live off the fat of its advertising empire, Meta is still trying to make the metaverse a thing.
CEO Mark Zuckerberg took to the stage for Meta Connect at Menlo Park yesterday to reel off a number of product announcements, ranging from new VR goggles to AI-equipped Ray-Bans, and appropriating the likenesses of celebrities and stuffing them into chatbots where they are doomed to forever perform tasks like dancing bears.
[…]
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Some Canadian Facebook and Instagram users who had their posts removed and accounts suspended received notices from Meta that their posts had been flagged by authorities in India.
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