Digital startups in the news business now account for 15% of “newsroom” employees in the U.S., more than double the 6% that the category accounted for in 2008. This is a result both of the growth of startups (publications like The Information) and the sharp decline in newspapers, according to this study from the Pew Research Center. The steady decline of newspaper jobs has been well...
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Reality Check Facebook AR/VR
Facebook Kicks Off a Metaverse Reorganization
Mark Zuckerberg wasn’t kidding when he said last week he hopes Facebook will morph from a social media giant into a metaverse company. As the company revealed Monday, his ambition is beginning to have real effects on Facebook’s org chart.As reported, Facebook is creating a new Metaverse product group under Facebook Reality Labs. Andrew Bosworth’s, VP of FRL and the overseer of this new group,...
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