Mark Zuckerberg’s Meta and its metaverse division Reality Labs are refocusing their efforts on gaming, according to sources within the organization. The news comes against the backdrop of significant cuts at the firm. Zuckerberg previously announced that 2023 would be
It has been revealed that virtual reality developers at Meta are earning salaries ranging from $500,000 to as much as $1 million. An anonymous source within the company has revealed that high salaries are standard, as Meta seeks to source
Meta has unveiled its Segment Anything Model (SAM), an AI model that can identify individual objects within an image, including those it has not previously encountered. Meta’s research division said it has published the new tool and corresponding dataset to
Two U.S. Democratic Senators have called on Facebook (now Meta) founder Mark Zuckerberg to stop plans to open his metaverse platforms to teenagers, citing concerns about the company’s past handling of youth data and privacy. The call comes as Apple
European Union Commissioner Yvo Volman says any future regulation of the metaverse must prioritize user safety, data privacy and non-discrimination. He spoke as new research suggested privacy in the metaverse might be a hard thing to achieve. The European Commission,
Artificial Intelligence (AI) and ChatGPT have been the tech buzz words of late, and now the man credited with inventing the World Wide Web, Tim Berners-Lee, has stated his belief that we’ll all eventually have our own personal AI assistant
Chinese technology giant Tencent Holdings is reportedly culling staff at its extended reality (XR) unit and folding plans for virtual reality (VR) hardware. It joins a host of Big Tech to have cut, or abandoned, spending on the metaverse as
The metaverse is the rebirth of the internet, and people using it tend to choose avatars who look much younger and slimmer, said Nick Clegg, President of Global Affairs at Meta. The former Liberal Democrat leader was speaking at the
META, the stock of Meta Platforms Inc., a company that owns products such as Facebook, Instagram, Messenger, WhatsApp, Meta Quest, Horizon Worlds, Mapillary, Workplace, and Diem which operates in the social media, social network, advertising, consumer electronics, and virtual reality
Stricter cost controls and a share buyback scheme will help Meta to continue investing significant sums in the metaverse. Meta CEO Mark Zuckerberg is a strong believer that the metaverse is the future lynchpin of the organization, and its development
Meta, keen to be a Metaverse giant, plans to launch virtual reality headset Quest 3 later this year, with better mixed reality technology, said CEO Mark Zuckerberg. Meta confirmed that the release should be called Meta Quest 3. It’s expected
Meta, Facebook and Instagram’s parent company, has reportedly won court approval for the acquisition of VR fitness app Supernatural’s maker, Within, after the Federal Trade Commission attempted to block the deal. Also read: Lawsuit Filed Against Meta, Snap, TikTok for Mental
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