#Meta

Meta Platforms, Inc., the parent company of Facebook, Instagram, and WhatsApp.

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ForkLog 8 01.05.2023

Reality Labs’ metaverse-focused loss hits $4 billion

Reality Labs' operating loss for January–March 2023 (the metaverse-related unit of Meta) amounted to $3.99 billion. For the period, the company reported net income of $5.71 billion. Reality Labs' total loss for 2022 was $13.7 billion (in 2021 — $10.2 billion). During a conference with analysts, Meta's CEO …

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ForkLog 9 14.04.2023

Rights groups urge Meta to impose age limits on the metaverse

Dozens of human-rights organisations and internet-safety groups urged Meta to halt its plan to admit minors into Horizon Worlds, the metaverse. Bloomberg reports.

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ForkLog 9 14.03.2023

Meta halts NFT projects.

Meta abandons NFT-related projects.

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ForkLog 12 13.03.2023

Meta to cut 10,000 jobs

Meta plans to announce additional staff cuts in several stages over the coming months, according to sources cited by The Wall Street Journal.

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ForkLog 12 10.03.2023

Meta to develop a decentralized competitor to Twitter

Meta is developing a decentralized social network for sharing text messages.

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ForkLog 10 06.03.2023

Meta cuts prices on VR headsets

Meta announced price reductions for its VR headsets Quest Pro and Quest 2.

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ForkLog 8 28.02.2023

Meta to Form Team for Generative AI Development

Meta will create an internal product group focused on generative AI. In time, its developments will be rolled out across the company’s social apps.

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ForkLog 11 27.02.2023

Meta unveils the LLaMA language model

Meta has released the large language model LLaMA for AI researchers with 13 billion and 65 billion parameters.

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ForkLog 8 02.02.2023

Reality Labs’ metaverse-focused loss rose to $4.3 billion

In the October-December 2022 quarter, Meta's metaverse-linked Reality Labs posted a loss of $4.28 billion, versus $3.3 billion in Q4 2021.

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ForkLog 14 25.01.2023

Yann LeCun: ChatGPT is not particularly innovative, but well put together

From the standpoint of the underlying methods of OpenAI's ChatGPT, it is not 'particularly innovative' and there is 'nothing revolutionary' about it.

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ForkLog 10 20.12.2022

Meta: Half of Reality Labs’ operating expenses go to AR

Meta directs 'about half' of Reality Labs' operating expenses to augmented reality.

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ForkLog 27 06.12.2022

Facebook Dating uses AI for age verification

Meta has rolled out the age-verification feature for Facebook Dating users using facial-recognition technology.

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