The European Union is taking new measures to deal with deep fakes, fake accounts and source of fake information. The social media and technology companies need to submit the key data to their countries according to the new regulation. This will help in eradicating the spread of disinformation. The European Union is taking new steps … Read more
Facebook’s parent company, has shelved development on a dual-camera wristwatch. Meta is also reportedly delaying the release of its new headsets, according to The Information. It took two years to build and was built with traditional watch capabilities in mind. The Meta concept behind the cameras was that you could turn off your watch and … Read more
Sheryl Sandberg’s use of company resources is under investigation by Facebook-parent Meta Platforms, WSJ reports. Several employees have been interviewed in connection with the probe, sources say. The probe has been underway since at least last fall, sources tell the Wall Street Journal. Attorneys are examining Meta Platforms Inc’s cordial activities boss Sheryl Sandberg’s utilization … Read more
Facebook worked on a lot of initiatives that were eventually shelved. Meta Milan was the codename for the smartwatch in question, and it was under development for two years. Supposedly, it was set to be released in 2023, but Meta revealed that it was scrapping the project. Facebook worked on a lot of initiatives that … Read more
The v41 Quest upgrade will include a new Horizon Home area. Horizon Home allows users to ask other Quest users to join them in social events, such as viewing films together. It’s the first step toward a bigger Horizon-branded “metaverse”. Virtual reality headsets from Meta Quest will soon have a feature that allows you to … Read more
Meta Platforms Inc rebranded from its eponymous social networking platform in October 2021. Company betting that the metaverse, a shared virtual realm, will succeed mobile internet. Meta shares have fallen nearly 42% this year as it battles criticism from lawmakers and regulators. After a decade of trading as Facebook, the social media giant is shedding … Read more
Santosh Janardhan will take over for David Mortenson, David Mortenson was in charge of data centres and core infrastructure. Following the exits of COO Sheryl Sandberg and head of AI Jerome Pesenti, Meta is seeing yet another management upheaval. Read more: Meta’s Messenger app for iOS and Android now has a new Calls tab As … Read more
Cheryl Sandberg is leaving Meta in the fall. He became Facebook’s chief operating officer (COO) for 14 years, second only to Mark Zuckerberg. “When I started doing this in 2008, I wanted to do this role for five years,” he wrote on his Facebook page. “After 14 years, it’s time to write the next chapter in my life.” Sandberg has grown the social media giant’s advertising business to $ 100 billion a year since its inception. “I’m not sure what the future holds,” she … Read more
Meta Platforms Inc (FB.O) said on Tuesday that its Class A common stock would begin trading on the Nasdaq under the ticker code ‘META’ on June 9, replacing its current ticker symbol ‘FB.’ In October of last year, the firm rebranded from Facebook Inc to Meta Platform Inc, focusing on the creation of the “metaverse,” … Read more
Tim Sweeney, the CEO of Epic Games, spoke with The Financial Times. He slammed the Apple App Store throughout the interview, calling it a “disservice” to developers. He went on to say that while the app store is not a service, it is a significant disadvantage for developers. Judge Yvonne also found in 2021 that … Read more
Meta “is not collecting, using, or sharing your data in new ways based on this policy update,” according to the company, and “we still do not sell your information.” Instead, the wording has been tweaked and examples have been included to assist people grasp what each portion is about. The corporation previously known as Facebook … Read more
Meta, the parent company of Facebook, announced on Monday that it will soon provide more openness and information to academics about how political and social ads are targeted to users on the network, months before the US midterm elections. According to Jeff King, the company’s vice president of business integrity, Meta (FB) will begin providing … Read more
A woman’s avatar gets raped in Metaverse by a stranger while another watches A lady was ‘sexually assaulted by an outsider in Meta’s Horizon Worlds metaverse application while another client ‘watched and passed around a jug of vodka’, another report claims. SumOfUs, a non-benefit that missions to control the developing force of companies, sent a … Read more
Meta Platforms Inc, which owns Facebook, said on Monday that it will provide more data on the targeting decisions made by marketers running political and social-issue advertising in its public ad database. In an expansion of a test that began last year, Meta said it would include specific targeting information for these individual ads in … Read more
Meta is opening its wallets and building trenches in preparation for a political battle over antitrust regulations that, if lost, could wreak havoc on its ailing core business. Though Meta and even CEO Mark Zuckerberg have grudgingly advocated for small reforms in the past, the company is increasingly relying on the American Edge Project, a … Read more
(Reuters) – BRUSSELS, May 11 – Under new European Commission laws, Google (GOOGL.O), Meta (FB.O), and other online service providers will be compelled to detect and remove online child pornography, a move that some privacy advocates fear may put people’s communications at risk. Companies who do not follow the requirements face fines of up to … Read more
On Wednesday, Meta Platforms, the parent company of Facebook, gave a first peek at its first physical store, which includes a floor-to-ceiling screen for demoing games on its virtual reality headsets and spaces for testing video-calling gadgets. The store, which will debut on May 9, will be located in Burlingame, California, inside Meta’s Reality Labs … Read more
Mark Zuckerberg announces testing of Instagram NFTs Meta CEO Mark Zuckerberg has reported that Instagram will start testing non-fungible tokens (NFTs) on the informal community this week. An NFT is an interesting PC document scrambled with a craftsman’s mark, which goes about as a computerized declaration of proprietorship and legitimacy. Not at all like comparative … Read more
An appeal by Facebook’s owner Meta against a competition regulator’s finding that it should be forced to sell online GIF creator Giphy was deferred on Thursday by a British court. In November, the Competition and Markets Authority (CMA) determined that Meta’s acquisition of Giphy, which provides animated GIFs and small videos to major social media … Read more
Investors digested a spate of company results on Thursday, and shrugged off a worse-than-expected US economic downturn. In foreign exchange, the dollar traded around 20-year peaks versus the yen and at the highest level in more than five years against the euro as the Federal Reserve aggressively hikes US interest rates. Trading is volatile across major … Read more
Facebook’s parent business announced its slowest sales growth in a decade on Wednesday, and provided lukewarm revenue guidance. Meta Platforms Inc. is the latest digital titan to feel the pain. In a webcast presentation with analysts late Wednesday, Meta Chief Executive Mark Zuckerberg indicated that “revenue headwinds” will likely lead to a delay in spending. … Read more
A Russian court fined Facebook and Instagram parent firm Meta on Tuesday for refusing to remove LBGT material. According to news agency Interfax, a Moscow district court ordered the US tech firm to pay four million rubles (about $53,000/50,000 euros) for failing to erase content with LGBT “propaganda.” Russia often punishes Meta and other digital … Read more
Facebook’s owner Meta will Monday are searching to overturn a legal ruling by using Britain’s opposition authority requiring it to drop its deliberate merger with online GIF creator Giphy. Last November, the Competition and Markets Authority (CMA) found Meta’s $four hundred million (£290m) proposed takeover of Giphy, which supplies lively Gifs or mini videos to … Read more
KARACHI: Meta, through its #MonthofGood campaign is helping Muslim communities in Pakistan and around the world to celebrate the spirit of the holy month of Ramazan, a statement said. Meta will be sharing the stories of Muslim communities making positive impact, providing Muslim creators with an entry point into immersive technology and offering ways for … Read more
With the civilians shot in northern Ukraine by the Russian forces, Meta Platforms restricted hashtags for a brief time, company spokesperson Andy Stone confirmed on Monday. With the rising number of deaths in the small town of Bucha on the outskirts of Kyiv, there has been an increase in pledges of further sanctions against Moscow. … Read more
Kayne West has been officially banned from Instagram by Meta, TMZ confirms. West’s ban is the result of his posts falling within the umbrella of hate speech, harassment, and bullying, according to a spokeswoman for Meta, Instagram’s parent company. Kanye’s suspension will last 24 hours. If the 44-year-old artist keeps posting vile messages, it might … Read more
SAN FRANCISCO: Meta chief Mark Zuckerberg laid out revamped company values Tuesday, urging workers to be “Metamates” who treat one another with respect and look to the future. Zuckerberg shared his note to employees on his Facebook page, the revamped credo coming on the heels of the internet giant being renamed Meta in October. “As … Read more
SAN FRANCISCO: Amazon on Thursday reported its profit doubled to $14 billion in the crucial holiday quarter, giving a boost to jittery markets that expected less due to higher labour, sourcing and delivery costs. The e-commerce colossus said its net sales climbed to $137 billion, and its profit benefited greatly from a return on investment … Read more
