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EU Launches Probe into Tech Giants Apple, Google, Meta, and Amazon Over Digital Markets Act Violations
25.3.2024
The European Commission has begun an extensive investigation targeted at Apple, Amazon, Alphabet, and Meta over non-compliance practices under the new Digital Markets Act (DMA). The notice of the inquiry was disclosed by the commission on March 25, and it represents the EU’s first major attempt...
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
19.2.2024
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL)
Apple Vision Pro Not The ‘New Frontier For Masturbatory Technology’ After All
5.2.2024
Apple Vision Pro, the massive tech company’s foray into the VR headset space that hit stores just a few days ago, is very expensive. It’s an impressive piece of tech (hence the price tag), that you can use for working from home (by virtually pinning windows all over your house, take that...
Meta’s Reality Labs Reports $4.65 Billion Operating Loss in Q4 2023 as Metaverse Efforts Continue
2.2.2024
Meta subsidiary Reality Labs, which focuses on the development of the metaverse, recorded a significant operating loss of over $4.6 billion in the fourth quarter of 2023. In its fourth-quarter report, released on February 1, Meta revealed that Reality Labs reported a loss of $4.65 billion during...
AI Tokens Up After Meta Beats Analyst Expectations
2.2.2024
Mark Zuckerberg's Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023
Peeling Back the Layers: Ensuring AR Remains a Tool for Expression, Not Manipulation
26.1.2024
With the launch of Apple’s Reality Pro headset just a few days away, Augmented Reality (AR) is the topic on everyone’s minds. But the buzz isn’t baseless – the possibilities of AR technology are breathtaking! Fancy the new MSG Sphere in Las Vegas? Imagine having one in your own backyard!...
Why Does Maxine Waters Care About Meta’s Crypto Patents?
23.1.2024
Maxine Waters Questions Meta’s Digital Asset Ambitions
23.1.2024
Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology. Maxine Waters Suspects Meta’s Renewed Interest in Digital Assets Through Trademark Filings Maxine Waters, the ranking...
Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures
23.1.2024
Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CEO Mark Zuckerberg and COO Javier Olivan, the California Democrat, known for her critical stance on Meta’s previous cryptocurrency...
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
22.1.2024
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing
Meta’s Quest 2 VR Headset Is Cheaper Than Ever
2.1.2024
First the price went up, and now, following the release of a newer headset from Meta, the very popular Meta Quest 2 has dropped to a new low of $250, making it a much easier buy for the VR-curious. Read more
Mark Zuckerberg’s $100 Million Bunker Sounds Right Out Of A Video Game
18.12.2023
Mark Zuckerberg is worth over $100 billion. What does the world’s sixth-richest person do with all that money, besides lighting lots of it on fire to try to bring a Ready Player One-style metaverse to life? Apparently, he builds a sprawling mansion complex with a massive underground bunker that...
Meta dissolves responsible AI division amid restructuring
19.11.2023
The RAI restructuring comes as the Facebook parent nears the end of its “year of efficiency,” as CEO Mark Zuckerberg called it during a February earnings call
Meta introduces AI models for video generation, image editing
16.11.2023
Social media company Meta is developing new AI-based tools for Facebook and Instagram users
Meta bans usage of generative AI ad creation tools for political advertisers
7.11.2023
Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
31.10.2023
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content such as explicit images of children
Meta chief AI scientist says AI won't threaten humans
20.10.2023
Yann LeCun a chief AI scientist at Meta said labeling the existential risk of AI is “premature” and it’s “preposterous” that AI might kill off humanity
MultiversX eyes Metaverse scalability as CEO sheds light on spatial computing
19.10.2023
The MultiversX CEO discussed the recent interest of Meta and Apple in the metaverse domain and analyzed their respective approaches
Meta makes progress towards AI system that decodes images from brain activity
18.10.2023
The system is entirely non-invasive and could have near-term applications for some