Meta

Apple Faces New EU Call to Open iPhone to Competitors
Apple Faces New EU Call to Open iPhone to Competitors
December 19, 2024  |  Apple

Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how...

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Report: Instagram Set to Drive Half of Meta’s Ad Revenue
Report: Instagram Set to Drive Half of Meta’s Ad Revenue
December 18, 2024  |  Meta

Instagram will soon make up half of parent company Meta’s advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S....

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From Translation to Creation, AI Reshapes Social Media Landscape
From Translation to Creation, AI Reshapes Social Media Landscape
December 17, 2024  |  artificial intelligence

Meta rolled out AI translation to its Ray-Ban smart glasses while startup Own.App launched a decentralized social platform promising full content ownership and higher creator...

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AI Companies Receive 42% of US Venture Capital Investment
AI Companies Receive 42% of US Venture Capital Investment
December 16, 2024  |  artificial intelligence

Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale...

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Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
December 13, 2024  |  Meta

Meta has unveiled a foundation model for controlling the behavior of virtual embodied humanoid agents, saying it will enhance the Metaverse. The new Meta Motivo enables...

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AI Deals and Earnings Paint Mixed Picture of Tech Transformation
AI Deals and Earnings Paint Mixed Picture of Tech Transformation
December 12, 2024  |  Artificial Intelligence

In artificial intelligence (AI) news this week, new partnerships highlight intensifying competition in enterprise AI infrastructure. Oracle’s cloud revenue surged 52% amid a Meta partnership,...

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Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
December 10, 2024  |  Meta

Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways...

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Meta Releases Less Expensive AI Model Aimed at Open Source Developers
Meta Releases Less Expensive AI Model Aimed at Open Source Developers
December 06, 2024  |  Meta

Meta has unveiled a more efficient artificial intelligence (AI) model that could slash computing costs for businesses adopting AI technology. “Llama 3.3 improves core performance...

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Meta and James Cameron’s Lightstorm Vision Partner on 3D Entertainment
Meta and James Cameron’s Lightstorm Vision Partner on 3D Entertainment
December 05, 2024  |  Meta

Filmmaker James Cameron’s venture, Lightstorm Vision, will help scale the creation of 3D entertainment experiences for Meta Quest mixed reality (MR) headsets. The two companies...

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