Metaverse-focused Meta unit’s loss rises to $3.7 billion
In July–September 2022, the metaverse-focused Reality Labs unit within Meta posted a loss of $3.7 billion ($9.4 billion since the start of the year).Meta Platforms, Inc., the parent company of Facebook, Instagram, and WhatsApp.
Metaverse-focused Meta unit’s loss rises to $3.7 billion
In July–September 2022, the metaverse-focused Reality Labs unit within Meta posted a loss of $3.7 billion ($9.4 billion since the start of the year).
Sui: an ambitious blockchain and cryptocurrency from Meta alumni
What sets Sui apart? How does it draw on Diem, Meta’s aborted blockchain? Which projects are already being built on Sui? We explain in cards.
Meta and L’Oréal to launch accelerator for Web3 startups
Meta has partnered with cosmetics brand L’Oréal to launch an accelerator program for metaverse startups. Vogue Business reports.
Meta develops AI translator for unwritten languages
Meta has developed an AI system to translate the unwritten Hokkien language into English.
Meta reaffirms its bet on the metaverse
Meta regards the metaverse as the future of humanity. This follows from the CEO's presentation at Meta Connect 2022.
Yann LeCun proposes to endow AI systems with ‘common sense’
"Autonomous" artificial intelligence capable of exploring and perceiving the surrounding world as humans do requires more effective training.
UK coroner blames Instagram and Pinterest algorithms for teenager’s death
Senior coroner Andrew Walker said the cause of death of 14-year-old Molly Rose Russell was self-harm linked to depression and the negative consequences of online content.
Instagram and Facebook users in the United States gain ability to publish NFTs
Meta opened access to NFT-related features for all Instagram and Facebook users in the United States.
Facebook algorithms accused of aiding Rohingya genocide in Myanmar
In 2017, Facebook's content-formation algorithms directly contributed to killings and other atrocities carried out by Myanmar's military against the Muslim Rohingya minority.
Instagram to test Nudity Detector in private chats
Meta has begun developing a system to recognise nudity in photos sent via Instagram direct messages.We use cookies to improve the quality of our service.
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