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Facebook changes corporate name to Meta
Mark’s been thinking a lot about Facebook’s identity recently. The iconic social media brand might be one of the most used products in the world, but he’s worried that name just doesn’t encompass everything his business does. It’s so tightly linked to one product it can’t possibly represent everything the company will be in the future.
Better change that name then, call yourself Meta to fully reflect your ambition to build the metaverse of virtual work and social communities. One thing though, that future-facing rebrand won’t solve a single one of the societal harms the company formerly known as Facebook has been exposed for recently.
Good luck making the metaverse a thing Meta, but you know it wil take years, right? Meanwhile the misinformation, hate speech, radicalisation and general outrage will continue unchecked on your platforms, no matter what you call them. And actually, looking at Twitter right now, I’m not seeing anyone that doesn’t think the worst of your OG networks isn’t going to port straight onto Meta’s metaverse.
But nevermind – so long as you keep moving fast, who cares about the broken stuff?
COVID comeback: Listed US & UK publishers worth more than they were pre-pandemic
COVID crushed news and magazine stock prices, but analysis from Press Gazette shows Britain and America’s largest listed consumer publishers have staged a full comeback on the stock market. The six leaders chosen by Press Gazette are now worth $34.6 billion, combined, up 78% from the end of 2019.
Reality check: What is it really like for independent publishers?
Media analyst Thomas Baekdal reckons being an independent publisher is great, but also hard. Thomas says the top independent publishers are all outliers and in his latest Plus Report he’s looking at the ‘misleading narratives’ that surround independent publishing. Have a read on a week’s free trial (and then sign up ???? ).
What we can learn from three years of data on the gender gap in news reporting
The Gender Gap Tracker has analysed the ratio of men and women being quoted in over 1 million online news articles. The good news is there has been a recognisable increase in the proportion of women quoted in news. The bad news is that proportion continues to hover around 30%.
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