Devindra Hardawar @devindra Magic Leap’s glasses were supposed to lead us into the augmented reality era, a world beyond screens where we could interact with digital objects as if they were standing right next to us. Too bad they failed spectacularly. By early 2020, the company had raised nearly $2 billion. But aside from … Continue reading Meta reportedly wants to license Magic Leap’s AR technology
Category Archives: Meta-Facebook
Meta Expands Lead Ads Features, Tests Promotional Ads Product
Meta Expands Lead Ads Features, Tests Promotional Ads Product by Colin Kirkland , May 18, 2023 Meta has announced two advertising updates, including the testing of “promotional ads,” which are aimed at making it easier for people to discover, manage and apply digital promotions to their online purchases, and the expansion of its lead ads … Continue reading Meta Expands Lead Ads Features, Tests Promotional Ads Product
Meta unveils generative AI tool for Facebook and Instagram advertisers
New tool underlines company’s change of focus away from the metaverse and towards artificial intelligence. Constantine von Hoffman on May 12, 2023 Facebook parent Meta dipped its toe into generative AI this week by announcing AI Sandbox. Advertisers can use it to create alternative ad versions, use text prompts to generate backgrounds and crop images … Continue reading Meta unveils generative AI tool for Facebook and Instagram advertisers
Meta Introduces LLaMA, Large Language Model That Runs On Less Power
Meta Introduces LLaMA, Large Language Model That Runs On Less Power by Laurie Sullivan @lauriesullivan, February 24, 2023 Meta will release a new large language model (LLM) it calls LLaMA, which is designed to help researchers advance their work in artificial intelligence, the company’s CEO Mark Zuckerberg announced in a Facebook post on Friday. LLMs are what … Continue reading Meta Introduces LLaMA, Large Language Model That Runs On Less Power
Meta stock skyrockets as Facebook parent company announces buybacks
By Barbara Ortutay—Associated Press February 01, 2023 Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok. But the company’s stock soared in extended trading, as its revenue beat Wall Street’s muted expectations and the Menlo … Continue reading Meta stock skyrockets as Facebook parent company announces buybacks
Meta Hit With New Privacy Lawsuit By Online Tax Filers
Meta Hit With New Privacy Lawsuit By Online Tax Filers by Wendy Davis @wendyndavis, December 29, 2022 Meta Platforms was hit Thursday with a second lawsuit over allegations that it collects taxpayers’ information from online filing services. This new complaint, like one filed earlier this month, alleges that Meta’s tracking code, the Meta Pixel, was … Continue reading Meta Hit With New Privacy Lawsuit By Online Tax Filers
Meta tests easier account switching between Facebook and Instagram
Meta accounts and Horizon profiles arrive today, freeing Quest headsets from Facebook Current users will need both by 2023 to continue using their devices. I. Bonifacic @igorbonifacic Meta Meta accounts have arrived. As of today, Facebook parent company Meta has begun rolling out the new login system for Quest owners. “The update will roll … Continue reading Meta tests easier account switching between Facebook and Instagram
Meta dissolves team responsible for discovering ‘potential harms to society’ in its own products
Meta’s revenue shrank for the first time in its history And Meta’s Reality Labs cost the company almost $3 billion last quarter. N. Ingraham Carlos Barria / reuters Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Total revenue of … Continue reading Meta dissolves team responsible for discovering ‘potential harms to society’ in its own products
Meta Details Stringent Ad Guidelines For 2022 Midterm Elections
Meta Details Stringent Ad Guidelines For 2022 Midterm Elections by Laurie Sullivan @lauriesullivan, August 16, 2022 One of the most high-profile U.S. primaries took place in Wyoming on Tuesday. GOP Rep. Liz Cheney voted this morning, not at her hometown polling place of Wilson, but a couple of miles away at the Teton County Library … Continue reading Meta Details Stringent Ad Guidelines For 2022 Midterm Elections
Meta cuts hiring plans as it prepares for ‘serious times’
Meta will limit hiring this year due to slowing revenue growth It will reportedly slow or pause the intake of mid-to-senior level employees. M. Moon @mariella_moon Dado Ruvic / reuters Meta is limiting its intake of new employees as part of its efforts to cut costs due to weak revenue forecasts, according to CNBC … Continue reading Meta cuts hiring plans as it prepares for ‘serious times’
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