Facebook changes name to Meta to focus on building virtual-reality 'metaverse'
3 years, 5 months ago

Facebook changes name to Meta to focus on building virtual-reality 'metaverse'

ABC  

Facebook chief executive Mark Zuckerberg says his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future, what he calls the "metaverse". Key points: Mark Zuckerberg says the metaverse will be a virtual environment where users can connect, work and create products and content Facebook is rebranding itself as Meta in a move designed to focus on its future in virtual reality It comes amid legislative and regulatory scrutiny over the harm its algorithm caused users The announcement comes amid a crisis for Facebook as it faces heightened legislative and regulatory scrutiny in many parts of the world following revelations in the so-called Facebook Papers. Explaining the rebrand, Mr Zuckerberg said the name Facebook no longer encompassed everything the company did, saying "we are a company that builds technology to connect people". Forrester Research director Mike Proulx said the name change "doesn't suddenly erase the systemic issues plaguing the company."

Company Meta Facebook Zuckerberg Metaverse Mr Zuckerberg Regulatory Scrutiny  building  focus  zuckerberg  facebook  virtual  social  virtualreality  regulatory  scrutiny  changes  metaverse  work  meta  vr  company

History of this topic

Meta reaches out to influencers like MrBeast and Mark Rober to make Facebook cool again: Report
1 month ago

Meta reaches out to influencers like MrBeast and Mark Rober to make Facebook cool again: Report

Hindustan Times  

Meta is trying to make Facebook more appealing to creators with new rewards and features as the social media platform has started losing ground to TikTok and YouTube. This illustration photo taken in Los Angeles on October 28, 2021, shows a person using Facebook on a smartphone in front of a computer screen showing the META logo. The social media …

Mark Zuckerberg wants to bring back ‘OG Facebook’ as he says he will invest hundreds of billions in AI
1 month, 4 weeks ago

Mark Zuckerberg wants to bring back ‘OG Facebook’ as he says he will invest hundreds of billions in AI

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg says he wants to get back to the original Facebook, restoring …

Meta going down Twitter’s path won’t end the same way
2 months, 1 week ago

Meta going down Twitter’s path won’t end the same way

Live Mint  

Investors seemed nervous it would at first. Shares of Meta Platforms slid nearly 6% in the week following Zuckerberg’s Jan. 7 announcement that he was ending the company’s internal fact-checking program and replacing it with a user-based system to flag problematic content. “It’s time to get back to our roots around free expression and giving people voice on our platforms," …

Why Mark Zuckerberg's style transformation worked.
4 months, 4 weeks ago

Why Mark Zuckerberg's style transformation worked.

Slate  

Mark Zuckerberg looks different. But if you’ve seen any images of Zuckerberg in the past year, you’ll know it’s not anomalous: At a funky-fresh 40 years young, the former boy-wonder has embraced a style transformation and vibe makeover. A digitally rendered avatar of Zuckerberg appeared in Meta’s new world, donning a buzz cut and long-sleeved henley t-shirt—a look that could …

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier
7 months, 3 weeks ago

Meta CEO Mark Zuckerberg believes having hobbies and free time makes going back to work easier

India Today  

We're seeing a new side of Mark Zuckerberg, or we can call it Zuckerberg 2.0. In a recent interview with Bloomberg, Zuckerberg revealed that lately, he's been enjoying a lot of activities in his free time, including farming cattle, practising jiu-jitsu, and wakesurfing. While Zuckerberg is sharing a sneak peek into his rich billionaire life and navigating a personal transformation, …

Zuckerberg aims to rival OpenAI, Google with new Llama AI model
8 months, 1 week ago

Zuckerberg aims to rival OpenAI, Google with new Llama AI model

LA Times  

Meta Platforms Inc. uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product. Facebook parent company Meta Platforms Inc. debuted a new and powerful AI model that Chief Executive Mark Zuckerberg said will rival similar offerings from competitors such as OpenAI and …

Meta's millions lost: How much did Zuckerberg lose after Facebook, Instagram global outage
1 year ago

Meta's millions lost: How much did Zuckerberg lose after Facebook, Instagram global outage

Hindustan Times  

Social media went dark on Tuesday, March 5th, 2024, as a major outage swept across Meta's platforms globally. The reason behind the Meta global outage All of Meta's owned social media platforms faced technical glitches, similar to those in 2021, resulting in a 7-hour outage. A Facebook insider informed DailyMail.com that their internal systems were down during the outage, with …

Meta CEO Mark Zuckerberg was warned that Instagram and Facebook could go extinct, here is why
1 year, 3 months ago

Meta CEO Mark Zuckerberg was warned that Instagram and Facebook could go extinct, here is why

India Today  

ChatGPT launched in November 2022 and took the world by surprise. And now, reports say that the situation was similar at Meta too, as the company's top AI scientist had warned CEO Mark Zuckerberg about the "possible extinction" of Facebook and Instagram if they didn't catch up with ChatGPT. According to a report by The New York Times, Yann LeCun, …

Mark Zuckerberg now expands 'Broadcast Channels' feature across Meta platforms
1 year, 5 months ago

Mark Zuckerberg now expands 'Broadcast Channels' feature across Meta platforms

India TV News  

Mark Zuckerberg, the Founder and CEO of Meta, has announced the extension of the "broadcast channels" feature to Facebook and Messenger, following its earlier deployment on Instagram and WhatsApp. Zuckerberg conveyed in a Facebook post, "Broadcast Channels are coming to Facebook and Messenger in the coming weeks. The company stated in a blog post, "We’re currently testing the ability for …

Meta plans staff reductions in reality labs focused on Metaverse
1 year, 5 months ago

Meta plans staff reductions in reality labs focused on Metaverse

India TV News  

Meta plans staff reductions in reality labs focused on Metaverse The impending layoffs are set to target the silicon division, Facebook Agile Silicon Team, with around 600 employees. Meta, the parent company of Facebook, is reportedly planning staff reductions within its Reality Labs division, which is driving the development of its metaverse initiatives. This move could potentially impact Meta's ambitious …

Zuckerberg says Metaverse can bring back the dead – virtually
1 year, 5 months ago

Zuckerberg says Metaverse can bring back the dead – virtually

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Meta chief Mark Zuckerberg has said that the company’s Metaverse platform may one …

Meta to signal future of AR/VR investments at annual Connect conference
1 year, 6 months ago

Meta to signal future of AR/VR investments at annual Connect conference

The Hindu  

Meta CEO Mark Zuckerberg on Wednesday is set to update investors on his plan to build the immersive metaverse that he has pitched as the future of computing at the company's first in-person conference since the start of the pandemic. Announcements at Meta Connect, Meta's biggest event of the year, will indicate how Zuckerberg plans to navigate the shift this …

Mark Zuckerberg is still losing billions on the Metaverse, Meta results show – and he plans to lose even more
1 year, 8 months ago

Mark Zuckerberg is still losing billions on the Metaverse, Meta results show – and he plans to lose even more

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg’s big bet on the metaverse has now lost $40 billion – …

Facebook parent Meta launches its ChatGPT rival Llama
1 year, 8 months ago

Facebook parent Meta launches its ChatGPT rival Llama

Deccan Chronicle  

MENLO PARK: Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google’s Bard but it’s taking a different approach: releasing it for free. Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, …

Facebook parent Meta makes public its ChatGPT rival Llama
1 year, 8 months ago

Facebook parent Meta makes public its ChatGPT rival Llama

Associated Press  

MENLO PARK, Calif. — Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google’s Bard but it’s taking a different approach: releasing it for free. Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making …

Boost for Mark Zuckerberg as Facebook-owner Meta breaks year-long slump
1 year, 11 months ago

Boost for Mark Zuckerberg as Facebook-owner Meta breaks year-long slump

The Telegraph  

Shares in Facebook’s parent company Meta soared last night as it broke a losing streak to post its first rise in sales in a year. However, profits fell by 24pc and the company revealed a big drop in sales at its virtual reality division, showing that Mark Zuckerberg’s expensive bet on the metaverse is stuttering. The company’s overall revenue rise, …

A 2nd wave of layoffs at Meta; 10,000 jobs are cut
2 years ago

A 2nd wave of layoffs at Meta; 10,000 jobs are cut

Associated Press  

Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard. The Menlo Park, company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups …

Facebook owner Meta is working on a potential Twitter rival
2 years ago

Facebook owner Meta is working on a potential Twitter rival

The Hindu  

Published : Mar 13, 2023 15:54 IST Social media giant Meta has announced it is working on a new “text sharing” platform, likely believed to rival Twitter, at a time when the latter faces unprecedented hiccups. The new Meta platform is designed to allow interoperation with other platforms including Mastodon, a decentralized social media platform that runs slightly similarly to …

Zuckerberg's Meta to sell Kustomer business software to cut costs? It says…
2 years ago

Zuckerberg's Meta to sell Kustomer business software to cut costs? It says…

Hindustan Times  

Meta Platforms Inc said on Friday it is exploring strategic alternatives for customer service company Kustomer that it acquired in a process ending last year. "We are currently exploring strategic alternatives for Kustomer and will continue to support Kustomer's product and customer base throughout this process," the Facebook owner said in an emailed statement to Reuters, without providing additional details …

Facebook owner Meta working on potential Twitter rival
2 years ago

Facebook owner Meta working on potential Twitter rival

Hindustan Times  

Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter. "We're exploring a standalone, decentralized social network for sharing text updates," Meta said in a short emailed statement. The media reports said that Meta's new app would use technology that allowed it to …

Don't Focus On Teens With Metaverse: US Senator to Meta CEO Zuckerberg
2 years ago

Don't Focus On Teens With Metaverse: US Senator to Meta CEO Zuckerberg

News 18  

US Senators have urged Meta Founder and CEO Mark Zuckerberg to stop plans to open its metaverse platforms to teenagers. Meta may open access to its social virtual reality platform Horizon Worlds for users aged 13 to 17 this month as it struggles to grow its VR business. According to TechCrunch, Senators Richard Blumenthal and Ed Markey wrote a letter …

Meta CEO Mark Zuckerberg Pressurised To Reconsider Plans To Allow Teenagers On Its Metaverse
2 years ago

Meta CEO Mark Zuckerberg Pressurised To Reconsider Plans To Allow Teenagers On Its Metaverse

ABP News  

Mark Zuckerberg, the Founder and CEO of Facebook-parent Meta, has faced pressure from US Senators to reconsider plans to allow teenagers on its metaverse platforms. Meta is reportedly considering allowing users aged 13 to 17 to access its social virtual reality platform, Horizon Worlds, in an effort to grow its VR business. Meta, formerly known as Facebook, suffered a significant …

Meta launches paid subscription: What will it offer and who will benefit?
2 years, 1 month ago

Meta launches paid subscription: What will it offer and who will benefit?

Firstpost  

The new service will cost $11.99 a month for users who sign up via the Internet and $14.99 for those using mobile apps. The subscription will be voluntary and only users who are over the age of 18 will be allowed to subscribe San Francisco: Meta platform users will soon be able to follow in Twitter denizens’ footsteps in affixing …

Meta to buy VR startup Within after favorable court ruling
2 years, 1 month ago

Meta to buy VR startup Within after favorable court ruling

Associated Press  

A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. The FTC had argued that Meta’s acquisition of the small company — reminiscent of Facebook’s early purchases of Instagram and WhatsApp — would hurt competition in the emerging virtual …

Meta to buy VR startup Within after favorable court ruling
2 years, 1 month ago

Meta to buy VR startup Within after favorable court ruling

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A federal judge has sided …

EXPLAINER: What is the metaverse and how will it work?
2 years, 2 months ago

EXPLAINER: What is the metaverse and how will it work?

Associated Press  

The term “metaverse” is the latest buzzword to capture the tech industry’s imagination — and while Facebook parent Meta is the best-known entrant into this futuristic virtual concept, it’s certainly not the only one. Mark Zuckerberg’s all-in embrace — including renaming his company and investing tens of billions of dollars — might be the biggest thing to happen to the …

Meta acquires 3D smart glass maker Luxexcel
2 years, 2 months ago

Meta acquires 3D smart glass maker Luxexcel

India TV News  

Meta acquires 3D smart glass maker Luxexcel In 2021, the company partnered with WaveOptics that provides the displays for Snap's Spectacles. Meta has acquired the Netherlands-based 3D smart glass maker Luxexcel, as it doubles down on its metaverse dream in 2023. At the company's earnings call, Meta Founder and CEO Mark Zuckerberg said that the new high-end VR headset would …

Meta CEO Mark Zuckerberg takes witness stand in FTC case
2 years, 3 months ago

Meta CEO Mark Zuckerberg takes witness stand in FTC case

Associated Press  

SAN JOSE, California — Mark Zuckerberg, the CEO of Facebook’s parent company Meta, took the witness stand Tuesday in a trial over U.S. antitrust regulators’ effort to stop the tech giant from buying a virtual reality startup called Within Unlimited. If the deal is allowed to go through, the Federal Trade Commission argues, it would violate antitrust laws and dampen …

Meta CEO Mark Zuckerberg takes witness stand in FTC case
2 years, 3 months ago

Meta CEO Mark Zuckerberg takes witness stand in FTC case

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. If the deal is allowed to go through, …

Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal
2 years, 3 months ago

Meta CEO Mark Zuckerberg testifies in FTC case to block virtual-reality deal

Live Mint  

Facebook parent Meta Platforms Inc. CEO Mark Zuckerberg took the witness stand Tuesday in a case in which the Federal Trade Commission is seeking to prevent the social-media company from acquiring a virtual-reality startup. The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the company behind the popular virtual-reality fitness game “Supernatural." Mr. Zuckerberg said …

Frustrated virtual reality pioneer leaves Facebook’s parent
2 years, 3 months ago

Frustrated virtual reality pioneer leaves Facebook’s parent

Associated Press  

BERKELEY, Calif. — A prominent video game creator who helped lead Facebook’s expansion into virtual reality has resigned from the social networking service’s corporate parent after becoming disillusioned with the way the technology is being managed. Carmack’s departure comes at a time that Zuckerberg, Meta’s CEO, has been battling widespread perceptions that he has been wasting billions of dollars trying …

FTC didn’t stop Facebook-Instagram. How about Meta-Within?
2 years, 3 months ago

FTC didn’t stop Facebook-Instagram. How about Meta-Within?

Associated Press  

SAN JOSE, California — Facebook parent Meta is sparring with government regulators in federal court over its pending acquisition of a virtual reality fitness company Within Unlimited CEO Mark Zuckerberg is expected to testify as a witness at the trial in San Jose, California. At issue is whether Meta’s acquisition of the small company that makes a VR fitness app …

FTC didn't stop Facebook-Instagram. How about Meta-Within?
2 years, 3 months ago

FTC didn't stop Facebook-Instagram. How about Meta-Within?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Facebook parent Meta is sparring …

FTC challenges Meta acquisition of VR company in court
2 years, 3 months ago

FTC challenges Meta acquisition of VR company in court

Associated Press  

Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company Thursday in a San Jose, California, courtroom. In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission has sued to prevent Meta’s acquisition of Within Unlimited and its fitness app Supernatural, asserting it would hurt competition and violate antitrust laws. “Meta …

Meta’s sad quest to convince corporates to join the metaverse
2 years, 4 months ago

Meta’s sad quest to convince corporates to join the metaverse

The Telegraph  

A year after its launch, the Metaverse is still baffling to many. As Meta struggles with slowing sales amid founder Mark Zuckerberg’s fixation with computerised virtual reality worlds, brands are wondering whether they too need to follow the 38-year-old tech whizz into his bizarre vision of the future. Many companies have piled their marketing millions into metaverse experiments, launching virtual …

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
2 years, 4 months ago

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

The Hindu  

Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta's finances after its first mass layoffs. Mr. Zuckerberg, addressing pointed questions at a company-wide meeting a week after Meta said it would lay off 11,000 workers, described the …

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1
2 years, 4 months ago

Facebook owner Meta lays off 13% of its employees, announces hiring freeze for Q1

The Hindu  

Meta, in a blog post, on Wednesday shared that it will be firing 13% of its workforce around 11,000 employees. In a direct message to employees, Meta CEO Mark Zuckerberg said that staff reductions will be made across the company’s family of apps and Reality Labs. Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown …

Facebook parent Meta is laying off 11,000 employees — 13% of its workforce
2 years, 4 months ago

Facebook parent Meta is laying off 11,000 employees — 13% of its workforce

LA Times  

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes. Facebook and Instagram parent Meta is laying off 11,000 people, or about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees …

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
2 years, 4 months ago

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

LA Times  

Meta CEO Mark Zuckerberg announces the new name for his company, formerly Facebook, in October 2021. Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company’s newly minted shareholders that they had become wedded to Mark Zuckerberg. The stock reached its all-time …

Mark Zuckerberg’s metaverse buffers as Meta shares burn
2 years, 4 months ago

Mark Zuckerberg’s metaverse buffers as Meta shares burn

The Hindu  

The early 90s ushered in the Internet era which enabled people to access content remotely from the world wide web. Facebook co-founder Mark Zuckerberg’s metaverse adventure is in some ways similar to the roughly three-decades old dial-up modem. Manufacturing virtual reality About a year ago, in an effort to push away the spotlight from whistle-blower Frances Haugen and her allegations …

Zuckerberg to testify in U.S. case against Facebook’s virtual reality deal
2 years, 5 months ago

Zuckerberg to testify in U.S. case against Facebook’s virtual reality deal

The Hindu  

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Mark Zuckerberg to testify in US case against Facebook's virtual reality deal
2 years, 5 months ago

Mark Zuckerberg to testify in US case against Facebook's virtual reality deal

Hindustan Times  

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Meta CEO Mark Zuckerberg to testify in US case against Facebook’s VR deal
2 years, 5 months ago

Meta CEO Mark Zuckerberg to testify in US case against Facebook’s VR deal

Live Mint  

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg to testify in a case by the Federal Trade Commission that argues the company's proposed deal to buy virtual reality content maker Within Unlimited should be blocked. In a court document filed with US District Court Northern District Of California on Friday, the FTC listed 18 witnesses it plans to question, including …

Zuckerberg calls for patience as costs soar
2 years, 5 months ago

Zuckerberg calls for patience as costs soar

Live Mint  

Meta Platforms Inc. chief executive officer Mark Zuckerberg asked investors for patience with the social-media giant’s swelling investments in unproven bets at an already-challenging time for digital-advertising companies. On a call Wednesday, Zuckerberg sought to justify Meta’s ballooning costs to fund its version of virtual reality, the metaverse, as well as the artificial intelligence fuelling major changes to its social …

Is Zuckerberg’s metaverse buffering?
2 years, 5 months ago

Is Zuckerberg’s metaverse buffering?

The Hindu  

At the start of the Internet Age in the early 90s people accessed the world wide web through a dial-up connection. Facebook co-founder Mark Zuckerberg’s metaverse adventure is similar in some ways to the roughly three-decades old dial-up modem. About a year ago, in an effort to push away the spotlight from whistle-blower Frances Haugen and her revelations on how …

Meta's Q3 Sales Slip 4%. Mark Zuckerberg Says 3.7 Billion People Use One Of Meta's Apps Monthly
2 years, 5 months ago

Meta's Q3 Sales Slip 4%. Mark Zuckerberg Says 3.7 Billion People Use One Of Meta's Apps Monthly

ABP News  

Meta was logged a 4 per cent year-on-year revenue loss, while missing Wall Street estimates on the bottom line in the third quarter as significant metaverse investments continued to eat into earnings, reported Variety. Mark Zuckerberg, chief executive officer of Meta Platforms, in his Facebook statement said 3.7 billion people use one of Meta's apps monthly. Meta clocked total revenue …

Why Mark Zuckerberg’s Metaverse vanity project threatens to destroy Facebook
2 years, 5 months ago

Why Mark Zuckerberg’s Metaverse vanity project threatens to destroy Facebook

The Telegraph  

His push into virtual worlds is increasingly seen by investors as an expensive hobby. Meta employees have taken to calling metaverse projects “make Mark happy” or MMH, according to a report in the New York Times. Yet on Wednesday, an increasingly isolated Zuckerberg – who lost former right-hand woman Sheryl Sandberg earlier this year – insisted he was heading down …

Facebook parent Meta’s revenue, profit decline amid ad slump
2 years, 5 months ago

Facebook parent Meta’s revenue, profit decline amid ad slump

Associated Press  

Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok’s wildly popular video app. “We’re approaching 2023 with a focus on prioritization and efficiency that will help us navigate the current environment and emerge an even stronger company.” Meta said it expects staffing levels …

Facebook parent Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut
2 years, 5 months ago

Facebook parent Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut

The Hindu  

Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg's break into the higher-end market for extended reality computing devices. The Quest Pro features several upgrades over Meta's existing Quest 2 headset, which overwhelmingly dominates the consumer virtual reality market. For fully immersive virtual reality, Meta has added tracking …

Facebook owner Meta unveils $1,500 VR headset: Will it sell?
2 years, 5 months ago

Facebook owner Meta unveils $1,500 VR headset: Will it sell?

Associated Press  

Facebook parent Meta unveiled a high-end virtual reality headset Tuesday with the hope that people will soon be using it to work and play in the still-elusive place called the “metaverse.” The $1,500 Meta Quest Pro headset sports high-resolution sensors that let people see mixed virtual and augmented reality in full color, as well as eye tracking and so-called “natural …

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