Meta, formerly known as Facebook, is stepping into the classroom with its virtual reality (VR) technology, aiming to revolutionize education through immersive experiences. This initiative, spearheaded by Meta’s President of Global Affairs Nick Clegg, promises to reshape traditional learning methods and bring students into digital worlds previously unimaginable. The company’s upcoming software for educators, designed…
The European Union has initiated investigations into tech giants Apple, Google, and Meta, the parent company of Facebook, over suspicions of non-compliance with the newly implemented Digital Markets Act (DMA), aimed at fostering competition in digital services. European Commissioner Thierry Breton stated that the European Commission has raised concerns regarding practices by the three companies…
In a bold move, Meta’s CEO Mark Zuckerberg has publicly criticized rival company Apple’s latest headset, the Vision Pro, asserting that Meta’s own offering, the Quest 3, is superior in multiple aspects. The Vision Pro garnered attention as celebrities like Diplo and T-Pain sported it in public, showcasing its “passthrough” feature, enabling users to view…
Meta, the parent company of Facebook and Instagram, has taken action to remove the social media accounts belonging to Iran’s Supreme Leader, Ayatollah Ali Khamenei. The decision to disable Khamenei’s accounts comes after Meta cited repeated violations of its Dangerous Organizations & Individuals policy. According to Meta, this policy prohibits the presence of organizations or…
In a financial whirlwind, Meta’s founder and CEO, Mark Zuckerberg, experienced a staggering increase of more than $28 billion in his net worth within a single morning. Zuckerberg, already valued at over $140 billion according to Bloomberg’s billionaire index, witnessed this colossal surge as Meta’s stock reached unprecedented heights. The surge came on the heels…
Tech giant Meta experienced a substantial stock surge of over 14% in after-hours trading on Thursday following its robust quarterly earnings report, surpassing Wall Street expectations and marking a remarkable turnaround from its self-declared “year of efficiency.” The company reported profits exceeding $14 billion for the three months ending in December, reflecting a remarkable 200%…
In a recent Instagram post, Meta CEO Mark Zuckerberg revealed the company’s strategic move to heavily invest in Nvidia hardware and other artificial intelligence (AI) initiatives before the close of 2024. Zuckerberg outlined Meta’s commitment to advancing open-source artificial general intelligence (AGI) capable of supporting a wide array of applications, from productivity and development to…
In a recent legal saga, Meta, the parent company of Facebook, finds itself entangled in a lawsuit filed by a group of authors who allege that the tech giant employed copyrighted material, including the infamous Books3 dataset, in training its Llama 1 and Llama 2 large language models. While Meta has admitted to utilizing the…
Meta, the parent company of Facebook, exceeded expectations on Wall Street as it reported impressive earnings for the third quarter of 2023. The success comes as Meta’s “year of efficiency” strategy continues to deliver strong results, and it’s reported that the company has largely completed the cost-cutting measures put in place in response to a…
Exciting news for Threads users as the popular app announces the launch of its highly anticipated web version on Tuesday. This move comes as a response to the most fervently requested feature by users since Threads’ initial mobile-only release last month. With this update, Threads takes a significant step towards replicating the functionalities offered by…
