Zuckerberg

Meta changing again Meta, the parent company of Instagram and Facebook, is winding down its digital collectibles initiative on Instagram, just ten months after launching the feature to select users [2]. The initiative was first announced at the South by Southwest conference in Austin by Mark Zuckerberg, CEO of Instagram’s parent company, who…

TL;DR Meta will be shifting its focus from the metaverse to the development of generative AI for WhatsApp, Messenger, and Instagram. AI is crucial for the metaverse to become a reality as it enables the creation of realistic and dynamic environments, intelligent avatars and personalization, natural language processing and communication…

Metaverse is not here yet, but it already costs billions of Zuckerberg The horse is not dead yet … it keeps beating L: DR Reality Labs, Meta’s metaverse division, lost $ 13.72 billion in 2022, with a 17% decrease in revenue in the last quarter of the year. Despite the losses, Meta’s overall performance exceeded expectations for revenue, daily and monthly active users, and average user income. CEO Mark Zuckerberg remains optimistic…

Metaverse is not here yet, but it already costs billions of Zuckerberg The horse is not dead yet … it keeps beating L: DR Reality Labs, Meta’s metaverse division, lost $ 13.72 billion in 2022, with a 17% decrease in revenue in the last quarter of the year. Despite the losses, Meta’s overall performance exceeded expectations for revenue, daily and monthly active users, and average user income. CEO Mark Zuckerberg remains optimistic…

CTO and Head of Reality Labs at Meta, Andrew Bosworth, published a manifesto this Monday telling investors why he and his team stills believe in Meta’s VR (Virtual Reality) and AR (Augmented Reality) future. Reality Labs is the department of Meta working on Zuckerberg’s “Metaverse”. …

Cambridge Edited Out of 2017 Speech; Discussed in Emails. Timeline Contradicts 2019 Testimony in Front of AOC, Congress. 20 December 2022 — After over a year of delays, Zamaan Qureshi, policy advisor for the Real Facebook Oversight Board and American University student, won a Freedom of Information Act battle with…

Zuckerberg has already lost billions, why stop now? — TL:DR • Zuckerburg said that the metaverse is a buzzword used to describe the next iteration of the internet: a persistent shared virtual world in which people interact as 3D avatars. • Many in the crypto space see blockchain, particularly non-fungible tokens or NFTs, as factors of what the metaverse will…