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Meta’s Threads sends 10m visitors to unaffiliated work app
Meta’s launch of Threads(.com) has seen traffic to a Slack competitor, also named Threads(.net), explode by 12,148%, and catapulted over 10x in global rankings. Read more…
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Massive penalties for Meta companies misleading consumers
The Australian Federal Court has ordered two subsidiaries of social media giant Meta to each pay AU$10 million for engaging in conduct misleading consumers. Read more…
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Is Meta doubling down on the Metaverse an insurance policy?
Meta is doubling down on its commitment to the Metaverse by voicing its intention to allocate 20% of its expenses to the Metaverse, is that an insurance policy? Read more…
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Meta accused of trying to buy dominance of the metaverse
The Biden administration has accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial. Read more…
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Diplomacy shows combining AI disciplines is the way forward
The success of Meta’s Diplomacy algorithm shows the way ahead for AI is to combine disciplines already in use, not just throw infinite data and compute at it. Read more…
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Meta’s Galactica shows just how dumb AI can be
The fast failure of Galactica shows that when it comes to AI, the machines remain too stupid to do anything that they haven’t been explicitly shown before. Read more…
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Meta will sack 11,000+ workers to pay for its metaverse
Meta will cut 13% of its workforce in one of the year’s biggest layoffs as it battles soaring costs from its metaverse push amid a weak advertising market. Read more…
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Korea levies massive fines on Google and Meta over privacy
South Korea has levied tens of millions of dollars in fines on Alphabet’s Google and Meta Platforms for privacy law violations. Read more…
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Meta taps Qualcomm to make chips for its VR devices
Meta has signed an agreement to have chip-maker Qualcomm produce custom chipsets for its Quest VR devices, powered by Qualcomm’s Snapdragon platforms. Read more…
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JioMart customers can now shop and buy via WhatsApp
JioMart on WhatsApp allows consumers to browse JioMart’s grocery catalog, add items to their cart and pay for them without leaving the messaging app. Read more…
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Meta eyes up Indian prediction startup Better Opinions
Meta hasn’t stopped hunting for startups in the Indian market and is now eyeing investment into the early-stage startup Better Opinions. Read more…
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Meta’s developer revenue split: hypocritical, yes, but not unfair
The idea that Meta is treating developers unfairly when it is losing billions from subsidizing devices developers benefit from has no merit. Read more…
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Meta braces for economic downturn, cuts new hire numbers
Facebook owner, Meta Platforms Inc, has cut plans to hire engineers by at least 30% warning to brace for economic downturn. Read more…
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Metaverse Standards Forum launches, but key names are missing
Tech giants have formed the Metaverse Standards Forum to make nascent digital worlds compatible with each other. Apple is not a member. Read more…
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African subsea cables controlled by Big Tech – what could go wrong?
Google and Meta’s African subsea networks are raising questions about how much control Big Tech should have over internet infrastructure. Read more…
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Meta is testing tools to sell digital assets inside Horizon Worlds
Meta has begun test tools for selling digital assets and experiences within Horizon Worlds, a key part of its plan for creating a metaverse. Read more…
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Facebook moderators can’t keep up with Russian war propaganda
Meta’s moderators say Facebook’s content policies and enforcement mechanisms have enabled pro-Russian propaganda during the Ukraine invasion. Read more…
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TikTok is eating Meta’s lunch, and the metaverse is too distant to help
Meta’s failure to repel TikTok is a rare example of a Chinese company using tech to take market share from a giant US digital ecosystem. Read more…
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Virtual tokens and crypto are coming to Meta apps soon
Meta Platforms is readying plans to introduce virtual tokens and cryptocurrencies to its apps. They’re called Zuck Bucks, reportedly. Read more…
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3D ads are coming to Facebook and Instagram – it’s a metaverse thing
Meta will make it easier for brands to run 3D ads on Facebook and Instagram through a new partnership with e-commerce tech firm VNTANA. Read more…