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An unfiltered look at Facebook

Good morning! This Monday, what we learned from an unreleased Facebook report, a judge ruled against Prop. 22, and Google Health is no more.
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Facebook wants to be more open. Or so said Mark Zuckerberg in 2020: "My goal for this next decade isn't to be liked," he said on an earnings call, "but to be understood." But it turns out the truth isn't always pretty.
Facebook has been studying its most popular content, and released its first "Widely Viewed Content Report" last week. But The New York Times reported it was actually the second such report in existence; Facebook made one for Q1 of 2021, too, but at the last minute decided not to release it.
The reality is Facebook isn't the stakes-free playground it likes to claim to be. Part of Facebook's stance in recent months has been that while there's some news and other Serious Matters on the platform, by and large it's a way for people to send dumb memes to their friends.
There's a big lesson here in how the rankings changed. When the first report came together, "We ended up holding it because there were key fixes to the system we wanted to make," Facebook's Andy Stone said. "We're guilty of cleaning up our house a bit before we invited company."
Facebook is a hard company to understand. With 2 billion people on the platform, even a "most popular" list is but a tiny sliver of the actual activity in the Big Blue app, and Facebook's data only covers how many times a post was viewed in a News Feed.
Even Facebook may not understand Facebook, if it's promising more openness only to panic when it sees what's really in the mirror. It's like Mike Caulfield, a professor at Washington State University Vancouver, tweeted on Sunday: "If Facebook was legitimately surprised at what was popular on their platform that's not reassuring, that's absolutely terrifying."
After a year and a half of living and working through a pandemic, it's no surprise that employees are sending out stress signals at record rates. Just as with building a healthier lifestyle, enacting measures of support on the day-to-day level is where lasting change is made.
Digital currency could be in the U.S. central bank's future, Dallas Federal Reserve Bank President Robert Kaplan thinks:
Factory equipment manufacturers are cashing in on the electric vehicle boom, said John Kacsur, vice president of the automotive and tire unit for Rockwell Automation:
Dan Schulman said his mission to reinvent PayPal started in part thanks to Apple:
Creator Joshbigosh said OnlyFans' eventual ban on sexually explicit material leaves him and others in the dark:
GMIS International is happening this week. The event brings together a bunch of leaders in government IT in Lake Buena Vista, Florida.
AWS canceled its in-person re:Inforce conference, set to start tomorrow in Houston, but it'll run a livestream featuring keynote speakers and leadership sessions.
The Oculus Quest 2 is back on sale starting tomorrow. All of the new headsets will come with a silicone cover after some initial customers complained of skin irritation.
President Biden will hold a cybersecurity meeting on Wednesday. It will involve his national security team and business execs.
Work from home doesn't necessarily mean you're working from your home; maybe you're hooked up to a hotspot at a park, or maybe you're at a Starbucks by your house. At the end of the week, you'll be able to more easily let your co-workers know wherever that might be.
Google Calendar is letting users share their location with those already looped in on their calendar. The tool could be a good way for your colleagues to know whether you're in a good place to touch base. But if you don't want people to know where you are, you can always keep it disabled.
"Well, that meeting could have been an email." A recent joint study from Harvard Business School and New York University found that the average number of meetings increased 12.9% during the pandemic. Meetings are the first and fastest way for your company to free up valuable team time.
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