Mark Zuckerberg envisions 1 billion people in the metaverse

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, … Read more

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of the … Read more

Instagram and Snapchat Announce Updates to Stay Relevant

Instagram and Snapchat Announce Updates to Stay Relevant

Change is the only the constant, especially when it comes to social media apps. But that doesn’t mean the changes are unique. Instagram is testing out a full-screen feed feature that looks awfully similar to TikTok’s interface. And Snapchat is joining Twitter in adding a paid subscriber tier. Also, if Elon Musk gets his way, … Read more

Facebook Forgets Every Lesson Learned Trying to Imitate TikTok

Facebook Forgets Every Lesson Learned Trying to Imitate TikTok

Photo: Wachiwit (Shutterstock) For Facebook and its parent company Meta, “pride” and “envy” aren’t so much mortal sins as they are a modus operandi. The company’s obsession with being at the top of the social media ladder could also propagate more harmful content for users. Rainn Wilson’s First Fandoms: Star Trek And D&D The Verge … Read more

Meta investigated Sheryl Sandberg for using corporate resources to plan wedding: report

Meta investigated Sheryl Sandberg for using corporate resources to plan wedding: report

Departing Meta executive Sheryl Sandberg announced her resignation from the tech giant during an ongoing probe into her alleged use of corporate resources to plan her wedding, according to a report Thursday. Sandberg, 52, shocked the business world Wednesday with her decision to quit as Meta’s chief operating officer, saying she wanted to focus on … Read more

Javier Olivan, Meta’s new COO, built his career on global growth

Javier Olivan, Meta's new COO, built his career on global growth

Mark Zuckerberg, chief executive officer of Facebook Inc., right, pauses while speaking as Javier Olivan, vice president of growth and analytics at Facebook Inc., looks on at Billionaire Carlos Slim’s Telmex Foundation annual event for scholarship students in Mexico City, Mexico, on Friday, Sept. 5, 2014. Zuckerberg said he’s willing to spend whatever it takes … Read more

DC attorney general sues Mark Zuckerberg over his handling of the Cambridge Analytica incident

DC attorney general sues Mark Zuckerberg over his handling of the Cambridge Analytica incident

Washington CNN Business — Washington, DC, Attorney General Karl Racine sued Mark Zuckerberg on Monday, accusing the Facebook co-founder of misleading the public on the company’s handling of privacy and personal data in connection with the Cambridge Analytica scandal. The suit, filed in DC superior court, represents Racine’s latest attempt to hold Zuckerberg personally liable … Read more

Mark Zuckerberg banned Meta employees from talking about abortion

Mark Zuckerberg banned Meta employees from talking about abortion

Facebook’s parent company is ordering its employees to stop talking about abortion. An executive at Meta Platforms told employees on Thursday that they are not allowed to discuss the contentious issue during office hours due to “an increased risk” that the company would be perceived as a “hostile work environment,” The Verge reported. The policy, … Read more

Top talent quits as lab tries to keep pace with rivals

Top talent quits as lab tries to keep pace with rivals

Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Facebook parent Meta has lost some of its top artificial intelligence scientists this year as the company continues its pivot toward the metaverse. At least four prominent members of Meta … Read more

Snap Leaps into Brain Computer Interfaces with NextMind Acquisition

Snap Leaps into Brain Computer Interfaces with NextMind Acquisition

Snap, the company responsible for amplifying duck face and introducing filters that make you look like you’re dying, is officially getting into the brain monitoring business. On Wednesday the company announced it had acquired Paris-based neurotech startup and brain-computer interface maker NextMind in an effort to bolster its long-term augmented reality vision. NextMind is known … Read more