Three months after its debut, WhatsApp’s Channels feature is going global. The Meta-owned messaging platform announced Wednesday (Sept. 13) that Channels, a one-way broadcasting tool that appeared in June, will be rolling out in 150 countries. “We’re welcoming thousands of organizations, sports teams, artists and...
Meta has reportedly updated WhatsApp to comply with new European Union (EU) rules. As TechCrunch reported Monday (Sept. 11), the tech giant is developing a beta version of its messaging service that includes a new screen for third-party chats. PYMNTS has contacted Meta for comment...
Meta is reportedly preparing a web version of Threads, its platform intended to rival Twitter. As The Wall Street Journal (WSJ) reported late Sunday (Aug. 20), a desktop version of Threads is something users had been hoping for. Threads debuted to much fanfare last month,...
Last month, Meta CEO Mark Zuckerberg said he was still optimistic about the metaverse. Consumers, however, seem less enthusiastic about the devices designed to serve as a herald of the company’s planned virtual world. The Ray-Ban Stories smart glasses that Meta introduced in 2021 have...
Threads has lost over half of its users since its launch this month. To staunch the hemorrhaging, Meta rolled out its first major update of the app on Tuesday. According to Reuters, CEO Mark Zuckerberg said the drop-off is “normal” and retention rates will grow...
Meta’s metaverse plans are still on track, according to the company’s CEO. “Our investments in AI continue. We remain fully committed to the Metaverse vision as well,” Mark Zuckerberg said Wednesday (July 26) during an earnings call. “We’ve been working on both of these two major priorities...
Meta’s investments in tomorrow are running up tens of billions in losses today. But while the tech giant’s Reality Labs segment, responsible for the metaverse and other longshot bets, has passed over $40 billion in total losses — including a whopping $21.3 billion since 2022...
Threads is reportedly experiencing a drop-off in growth and engagement about a week after its debut. The slowdown experienced by Threads, which is Meta’s new text-based social media platform, comes after it reported 100 million sign-ups in the first five days after its launch, CNBC reported Friday (July 14),...
Meta is reportedly readying a commercial version of its artificial intelligence (AI) tool. As the Financial Times (FT) noted in a report Thursday (July 13), the release lets Meta catch up to rivals Microsoft and Google in the race to develop generative AI. While Meta...
