Meta, the parent company of Facebook, is removing a number of location-based functions from the social media site such as Nearby Friends, weather alerts and location history, according to a SocialMediaToday report Friday (May 6). Social media analyst Matt Navarra posted a tweet with a...
Mark Zuckerberg has teased a new smart glasses project in partnership with EssilorLuxottica, a report from Reuters says. The report says Zuckerberg teased it by posting a picture of the other company’s chairman wearing a prototype of a neural interface wristband which is designed for...
Facebook’s parent company Meta is rolling out new small business tools with a focus on supporting diverse companies and an overall goal of helping all firms succeed. “Throughout the pandemic, we’ve been doing all we can to support small businesses by trying to help address...
Meta Platforms, the parent company of Facebook, isn’t making as much progress on eCommerce as employees thought it would at the time when the pandemic hit, The Wall Street Journal reported Tuesday (May 3), and some retailers aren’t happy with that. Retailers have been “frustrated”...
Facebook parent Meta Platforms is doubling down on short-form video, artificial intelligence (AI) performance in social media feeds and putting new metaverse hardware IRL. On its Q1 2022 earnings call Wednesday (April 27), Meta CEO Mark Zuckerberg talked up the forthcoming Horizon metaverse and Meta...
Arjuna Capital said it had secured support from the U.S. Securities and Exchange Commission (SEC) to put Meta Platforms Inc.’s proposed metaverse through a third-party evaluation of its potential psychological, civil and human rights harms, according to a Thursday (April 7) press release. Meta’s shareholders...
Meta’s plans for an internal digital currency have turned away from blockchain-based cryptocurrencies since the collapse of its Diem stablecoin project earlier this year. With CEO Mark Zuckerberg all-in on creating a Facebook metaverse he calls the future of social media, speculation was high that...
Meta has new plans for virtual coins, tokens and lending services on its apps, with the company looking into more ambitious finance goals, Financial Times said Wednesday (April 6). Citing unnamed sources and company documents, FT said Meta is exploring alternative revenue streams and new...
Instagram has cut down on the payments to makers of short videos, changing its strategy as it competes with TikTok for influencers and traffic, the Financial Times reported Tuesday (April 5). The Meta-owned platform pays influencers based on the views received on clips called Reels....
