8 – Breaking News & Latest Updates 2026
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The world’s largest social network has more than 2 billion daily users, and is expanding rapidly around the world. Led by CEO Mark Zuckerberg and his chief operating officer, Sheryl Sandberg, Facebook undergirds much of the world’s communication online, both through its flagship app and its subsidiaries Instagram, WhatsApp, and Oculus. Despite huge financial success, Facebook is also confronted with questions about data privacy, hate speech on the platform, and concerns that frequent social media use can lead to unhappiness. The Verge publishes a nightly newsletter about Facebook and democracy, subscribe here.

Nilay Patel
Nilay Patel
Mark Zuckerberg says Reels is about half as big as TikTok.

Zuck is speaking at The New York Times’ DealBook conference today, and said that Reels is growing, according to Meta’s internal metrics.

It’s hard to track how we’re doing against TikTok, but metrics suggest Reels is half the time of TikTok globally, outside of China. We don’t aspire to be half of anything but that’s better than we were a year ago.

That’s quite a bit different than the picture painted by The Wall Street Journal in September: it reported on internal Meta docs that indicated Reels usage on Instagram was less than one-tenth the size of TikTok.

Tax filing websites have been sending users’ financial information to Facebook

The Markup found services including TaxAct, TaxSlayer, and H&R Block sending sensitive data.

Simon Fondrie-Teitler, Angie Waller and 1 more
Why can’t pollsters reach Gen Z?Why can’t pollsters reach Gen Z?
Makena Kelly
Thomas Ricker
Thomas Ricker
Facebook now worth less than Home Depot.

One company is focused on building materials for your home, the other is newly obsessed with building virtual homes in a metaverse. Guess which business model investors value more?

Mitchell Clark
Mitchell Clark
Now Facebook Groups have Reels too, and some new admin features.

Facebook’s community feature is getting Reels — the pivot to video never sleeps — letting people create and post Meta’s version of TikToks straight to a Group. It’s also testing new admin features that are supposed to help keep members engaged with the group (and, of course, with Facebook).

Inside the messy fight between Meta and The Wire

The journalists behind a controversial series of stories tell us they haven’t been hoaxed. We’re not so sure

Casey Newton and Zoë Schiffer
Mitchell Clark
Mitchell Clark
Sheryl Sandberg is officially no longer a Meta employee.

The company’s long-time COO announced she’d be stepping down from her position earlier this year, and Friday is her last day as an employee. She is, however, still on the board.

In June, she told The Verge that she “wanted to make more room in my life to do philanthropy.” You can find the full interview below.

Mitchell Clark
Mitchell Clark
Who’s behind those deeply upsetting Facebook ads?

Forbes has done a deep-dive into the sometimes explicit and disturbing Facebook and Instagram ads for erotic fiction apps, and the connections those companies have to ByteDance and Tencent.

The piece also looks into how Meta’s failing to uphold its guidelines. Some of the examples in the report are very disturbing, and it’s hard to believe they were ever allowed to run.

Meta is freezing hiringMeta is freezing hiring
Richard Lawler and Alex Heath