Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans. The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg News reported, despite CEO Mark Zuckerberg’s efforts to reassure investors as the tech giant released its quarterly earnings. “For all Meta’s bold AI plans,...
If anyone had any doubts about Meta’s long-term commitment to artificial intelligence (AI), they were erased in the first minute of the company’s earnings call on Wednesday (April 24). While analysts were waiting to hear about the return on investment in the technology would bring, CEO Mark Zuckerberg made it...
Teamwork makes the dream work. And when the dream is an interoperable virtual reality (VR) world based on a proprietary operating system (OS), you are going to need a big team. This, as on Monday (April 22) Meta announced it would be opening the operating system, Horizon...
Meta has modified its approach to handling media that has been manipulated with artificial intelligence (AI) and by other means. Three of the company’s platforms — Facebook, Instagram and Threads — will now label a wider range of content as “Made with AI” when they detect industry standard AI image indicators...
Meta Platforms asked a judge Friday (April 5) to throw out an antitrust lawsuit filed against it by the Federal Trade Commission. In a court filing, the tech company disputed the FTC’s claims that its purchases of Instagram and WhatsApp reduced competition and harmed consumers, Bloomberg reported Friday. Meta said the two platforms...
Instagram and WhatsApp reportedly suffered some outages in the United States and some other countries Wednesday (April 3). For a period of time Wednesday afternoon, Eastern time, Downdetector displayed 3,100 users’ reports of outages for Instagram and 17,000 for WhatsApp, Bloomberg reported Wednesday. A status page of Meta Platforms, the parent company of...
Meta will close Facebook News in the United States and Australia in April. This move comes after the company did the same thing in the United Kingdom, France and Germany in September 2023, Meta said in a Friday (March 29) update. “This is part of...
Decentralization may be coming to social media’s walled gardens, and that means the future of social commerce could be more fediverse than it is metaverse. But what exactly is the fediverse? At a literal level, the fediverse is short for “federated universe” and it represents...
Meta’s development of a new AI model, designed to enhance video and user Feed recommendations, marks what could be a significant shift in the online commerce landscape. The new AI model could benefit advertisers by directing viewers to more relevant results, experts say. Meta’s progress unfolds...
