Apparently, Meta (formerly Facebook) has renamed its VR product line, now also called Meta (formerly Oculus). This news, which was actually announced last fall, finally kicked up another notch now that more of the Oculus social accounts have flipped to Meta. It doesn’t matter to me, because I call it the Oculus Quest. I’m not …
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Meta shares plummet after disappointing earnings, user drop
Facebook parent Meta’s stock fell more than 26% on Thursday after disappointing fourth-quarter earnings and a drop in daily users underscored how much the company relies on social media as it develops its metaverse ambitions. Meta shares fell $85.24 to close at $237.76. The collapse in share price wiped out almost $240 billion from the social network’s value. The fall …
Read More »Snap shows growth with its first quarterly net profit
Snap, the parent company of disappearing-message app Snapchat, said Thursday that it posted its first ever quarterly net profit, propelling the company’s shares higher. “Achieving positive free cash flow for the full year is an important milestone as we are increasingly able to self fund our investments in the future, which positions us well to accelerate our vision for computing …
Read More »Facebook’s latest metaverse move: Dropping avatars into Instagram
Facebook changed its company name to Meta last fall, promising an upcoming metaverse-focused strategy that would blend VR, AR, and the company’s existing social media platforms. Today, Meta announced that its 3D VR avatars would start showing up on the company’s other apps: Facebook, Messenger and Instagram. Meta’s also dipping its toes into promotional gear for avatars, introducing limited-time Super Bowl-themed …
Read More »QR code scams are on the rise. Here’s how to avoid getting duped
You see QR codes just about everywhere these days. The square barcodes show up everywhere: real estate listings, TV ads and social media posts touting what look like great deals on must-have items. The pandemic fueled a surge in the use of QR codes. Seeking to cut down on possible transmission, restaurants replaced physical menus available to all customers with …
Read More »Facebook free
Facebook’s free internet service launched in developing nations and low socio-economic areas more than five years ago to provide people with free access to some online services. But many people are being charged small amounts for using data by their cellphone providers while using the apps in free mode — altogether amounting to millions of dollars every month in the …
Read More »Meta has a giant new AI supercomputer to shape the metaverse
Meta, the tech giant previously known as Facebook, revealed Monday that it’s built one of the world’s fastest supercomputers, a behemoth called the Research SuperCluster, or RSC. With 6,080 graphics processing units packaged into 760 Nvidia A100 modules, it’s the fastest machine built for AI tasks, Chief Executive Mark Zuckerberg says. That processing power is in the same league as …
Read More »Meta and Snap sued over allegedly contributing to 11
If you’re struggling with negative thoughts or suicidal feelings, resources are available to help. In the US, call the National Suicide Prevention Lifeline at 1-800-273-8255; in the UK, call the Samaritans at 116 123; and in Australia, call Lifeline at 13 11 14. Additionally, you can find help at these 13 suicide and crisis intervention hotlines. A mother is suing Snap and …
Read More »Instagram starts testing Subscriptions feature that lets creators charge for content
Instagram on Wednesday started testing Subscriptions, a new feature allowing creators to offer paid followers access to exclusive content. At launch, only 10 US creators have gained access to the new feature during its alpha testing phase, including basketball player Sedona Prince, model Kelsey Cook, actor-influencer Alan Chikin Chow, Olympic gymnast Jordan Chiles and digital creator Lonnie IIV. Content can be …
Read More »The race to build AR glasses is heating up, and Samsung is surprisingly quiet
It’s only January, but 2022 is already shaping up to be a big year for augmented and virtual reality. It was one of the most prevalent themes at CES, which featured AR and VR announcements from Sony, Microsoft and Qualcomm (among others). Apple is also rumored to finally make its anticipated move into the smart headset space this or next …
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