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Nalezeno "Meta Platforms": 26

Facebook Has Lost $1 Billion Every Month On VR Since June 2022


Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt


Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai’s Chatgpt and is setting out to offer interaction tailored to attend to different interests and solve...

Mark Zuckerberg's Avatar Legs Saga Ends With A Whimper, Not A Bang


Last year, Facebook (now known as Meta) announced that it was adding legs to its ugly virtual reality avatars. Some people were excited. Now a year later, after Meta promised the legs were coming soon, they are finally (sort of) working inside the company’s depressing digital “metaverse”. Should...

Thailand Threatens Facebook With Shutdown Over Crypto Scams


The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...

ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position


Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares.  On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto exchange’s stock prices reached a 52-week high.... Read More: ARK Invest Bets...

Meta’s NFTease and AI’s Impact on Web3


Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into...

Meta Winding Down Support for NFTs on Facebook, Instagram


U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...

Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram


Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...

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