Meta Is Probably Planning to Make Serious Cuts at Its Metaverse Division, Bloomberg informedCiting unknown sources. Company executives are considering cutting the virtual reality platform’s budget by up to 30%, the report said, adding that any cuts would also include layoffs. If Meta moves forward with such a plan, the move would reflect a lack…
Alan Dye, the design executive who led Apple’s user interface team for the past decade, is leaving the company to join Meta, according to a report. report From Bloomberg’s Mark Gurman. This is an important appointment for Meta, as the company continues to push toward consumer devices. smart glasses and virtual reality headsets. Dye will…
Microsoft’s AI chatbot Copilot will not be available on WhatsApp after January 15, the company has shared. After that date, users on WhatsApp won’t be able to chat with the AI unless they switch to Microsoft’s own Copilot mobile app or use a chatbot. web, company Explained It is removing Copilot from the popular messaging…
To accelerate the construction of new power plants needed to provide energy for its data centers, Meta is considering getting into the power trading business. Bloomberg report Meta and Microsoft are both seeking federal approval for electricity trading (Apple has already received this approval). According to Meta, this will allow it to make long-term commitments…
as in australia ban on social media For teens under 16, Meta has begun notifying teen Facebook and Instagram users about the fate of their accounts. When the ban goes into effect on December 10, Meta will revoke teens’ access to their existing accounts, and will block users under 16 from starting new accounts starting…
After five years, Meta has emerged victorious from the US Federal Trade Commission (FTC) lawsuit over its acquisition of Instagram and WhatsApp. in one opinion released on tuesdayUS District Court Judge James Boasberg wrote that the FTC did not prove that Meta violated antitrust law when it bought Instagram for $1 billion in 2012 and…
A tough week for tech stocks could be a sign of investors’ loss of confidence in artificial intelligence. Wall Street Journal report The Nasdaq Composite Index was down 3% – making it its worst week ever President Donald Trump announces his sweeping tariff plan In April. Tech companies that have performed well this year were…
Last year, Meta estimated that 10% of its total annual revenue — $16 billion — would come from fraudulent ads on its apps, according to a report From Reuters. Documents obtained by Reuters also show that for three years, Meta failed to protect its users from ads promoting illegal gambling, investment schemes and banned medical…
The Motion Picture Association (MPA) has sent a cease-and-desist letter to Meta demanding that it stop using the term “PG-13”, as previously reported. wall street journal, last month, meta announced Teens on Instagram will, by default, only see content that adheres to the PG-13 movie rating. Two weeks later, the MPA sent Meta a cease-and-desist…
Alexander Wang, Meta’s chief AI officer, wrote in a memo to employees on Wednesday that the company will cut about 600 jobs from its superintelligence lab. report From Axios. Meta declined to comment, but told TechCrunch that Axios’ reporting is accurate. As Meta, OpenAI, Anthropic, Google and other companies race to build the most powerful…
