META IS ENDING ITS FACT-CHECKING PROGRAM IN FAVOR OF A 'COMMUNITY NOTES' SYSTEM SIMILAR TO X'S

Summary from the TLDR newsletter

Meta's CEO Mark Zuckerberg has announced a series of major changes to the company's moderation practices due to a shifting political and social landscape and a desire to embrace free speech. The fact checking program will be replaced with a community-driven system. Content moderation policies that reduced the amount of political content in user feeds will be undone. The election was a major influence on Meta's decision - Zuckerberg has criticized governments and legacy media for pushing more and more censorship.