Facebook lost daily users for the first time ever / Spotify CEO defends Joe Rogan deal

The Verge’s Nilay Patel, Alex Cranz, Ashley Carman, and Alex Heath discuss Meta’s rough week: Facebook reported its first-ever quarterly decline of daily users globally, along with lower-than-expected ad growth that sent its stock plunging roughly 20 percent.

The crew also discuss Spotify’s response to the Joe Rogan controversy and how it will be handling moderation going forward.

Further reading:

Facebook lost daily users for the first time ever last quarter
Meta’s stock price plunges 25 percent overnight
Google parent company Alphabet broke $200 billion in annual revenue for the first time
Epic largely lost to Apple, but 35 states are now backing its fight in a higher court
Spotify CEO defends Joe Rogan deal in tense company town hall
Spotify says it’s a creator company now
Here is the Spotify COVID content policy that lets Joe Rogan slide
Spotify finally responds to Joe Rogan controversy with a plan to label podcasts that discuss COVID-19
Joe Rogan defends podcast and apologizes to Spotify for backlash
The Joe Rogan controversy is what happens when you put podcasts behind a wall 
Sony is buying Bungie, the developer of Destiny and original creator of Halo
Big video game companies just can’t stop buying studios
Wordle has been bought by The New York Times, will ‘initially’ remain free for everyone to play
Peloton’s latest gadget is a $90 heart rate monitor for your arm
Echelon persuades USPTO that Peloton’s streaming tech is unpatentable
Appeals court upholds California’s net neutrality law
Google leaks Pixel 6A name in, of all things, a coloring book
Tesla has a new feature that will disable your seat controls if you keep messing with them
Public accountants are deducting themselves from their jobs 
What’s the difference between 5G, 5G Plus, 5G UW, and 5G UC?

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