Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. MANDEL NGAN | AFP | Getty… Read Full Article Here CNBC
It seems like just yesterday that Meta was emphasizing the importance of slow and responsible AI development, and rolling out its large language model only to eligible researchers. But actually it was Friday. Now, just four days later, the company has seemingly abandoned the “AI for… Read Full Article Here Source link
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008, the […]
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images With one simple slogan, Meta CEO Mark Zuckerberg temporarily quelled investor discontent with his company’s multibillion-dollar investment into the futuristic metaverse. “Our management theme for […]
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta reports fourth-quarter earnings on Wednesday as the company tries to reverse a slide that pushed the stock down by 64% last year. […]
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Wall Street’s worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent Meta lost almost two-thirds of its value in 2022 as year-over-year revenue fell in […]
Virtual Cringe: The 10 Lamest Corporate Metaverse Stunts Gizmodo Source link
Facebook-parent Meta has been vocal about how it wants to lead the way in mixed reality space by realising its metaverse project. As a part of its virtual reality (VR) plans, the company has been manufacturing VR headsets and launched Meta Quest Pro for $1,499.99. However, it may face some problems given its anti-China stance.Meta’s […]
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Over a year after changing his company’s name to Meta and committing to spend billions […]
Facebook-parent company Meta is not giving up on metaverse despite losing billions on the project and facing charges by competition regulators. Recently, the Federal Trade Commission (FTC) filed a complaint to block the company from acquiring virtual reality studio Within. As a result, the company has now delayed the acquisition amid VR antitrust claims.As per […]