Tag Archives: meta

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 …

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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 …

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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 …

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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 …

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Meta reportedly shutters video speed

Facebook parent company Meta has reportedly shut down its experimental video speed-dating service, Sparked, after less than a year of testing.  Those who used the service were informed via email that it would shut down on January 20, 2022, according to TechCrunch. The email read in part: “Like many good ideas, some take off and others, like Sparked, must come …

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The AR, VR future coming in 2022: What we learned from CES

This story is part of CES, where CNET covers the latest news on the most incredible tech coming soon. At a show that often felt like it barely existed (and that I didn’t attend in person), it’s hard to figure out what CES 2022 really says about the year ahead. However, one trend that started accelerating in 2021 is already …

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9 great reads from CNET this week: CES delivers TVs, laptops and a humanoid robot

This story is part of CES, where CNET covers the latest news on the most incredible tech coming soon. The first week of the New Year brought us 2022’s biggest tech show, though in a pandemic-altered state. CES 2022 soldiered on in a hybrid format, with many of its headliners showing off their latest wares and boldest concepts in virtual …

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The Metaverse Isn’t What You Think It Is Because No One Knows What It Is

This story is part of The Year Ahead, CNET’s look at how the world will continue to evolve starting in 2022 and beyond. Anyone who tells you what the metaverse will be is either guessing or kidding themselves. “The topic lately fills me with frustration,” says CNET’s Scott Stein, our resident expert on virtual worlds. “It’s not just about VR …

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Instagram boss says app will ‘rethink what Instagram is’ in 2022

Instagram boss Adam Mosseri vowed Tuesday that the social app will “rethink what Instagram is” in 2022. In a video posted to Twitter, Mosseri said Instagram will focus on greater transparency in the New Year, among other goals. He didn’t directly address any of the past year’s scandals that rocked Instagram and parent company Meta (formerly known as Facebook).  “We’re …

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Smart glasses could arrive in 2022, but will still need a lot of work

This story is part of The Year Ahead, CNET’s look at how the world will continue to evolve starting in 2022 and beyond. I had every intention of wearing Meta’s (Facebook) Ray-Ban Stories glasses, equipped with cameras, microphones and speakers, as my everyday glasses. Then something funny happened on the way to the optical shop.  At Lenscrafters, they wouldn’t install …

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