Job cuts at Meta are proving successful for shareholders, with Meta’s share price having doubled since the start of the year. Mark Zuckerberg, who owns 13.4% of the company, is one of the major beneficiaries of this policy. Thanks to
Meta boss Mark Zuckerberg this week hinted at the possibility of integrating artificial intelligence (AI) into several of the company’s most popular platforms, including Facebook, WhatsApp, and Instagram. Speaking on an earnings call with investors following Meta’s latest quarterly report
Investment bank Citi thinks the metaverse could be worth $13 trillion by 2030, yet in 2023 half of adults don’t even know what it is. That’s according to a new survey by broadband company Pure Telecom. The survey questioned 1,000
Alphabet CEO Sundar Pichai earned $226 million last year, but in January he e-mailed staff to announce a savage round of 12,000 job cuts. In the message, the recently enriched Pichai said his decimation of the workforce “weighs heavily on
The press has its knives out for Meta CEO Mark Zuckerberg, as the drip, drip, of continual criticism gives way to a torrent of savage mockery. It’s not just the media that are taking aim at Zuck either. Wall Street
The metaverse has been advertised as many things, from an interconnected gaming ecosystem to a virtual office where you can enjoy the benefits of physical co-working without the hassle of a morning commute. Meta has been one of the biggest
Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and advertisers with the same enthusiasm as he did before. Or so it seems. Lately, Meta has
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
Immersive training experiences promise a number of benefits over traditional learning including greater effectiveness and efficiency. To find out if virtual reality learning lives up to its hype, MetaNews spoke with Alina Vasile, Vice President of Production at Gemba, a
Meta’s boss Mark Zuckerberg should “immediately cancel” plans to allow minors to enter the metaverse to keep children safe, said a group of more than 20 children’s safety groups in an open letter. Meta, the parent company of Facebook and
John Carmack, former Meta advisor and the lead programmer of legendary games including Doom and Quake, believes that his former employer is still in the driving seat to dominate the metaverse despite falling short of their ambitions so far. Carmack
The Economic Ministry of France has published a metaverse consultation, seeking input from the public about “immersive virtual worlds of tomorrow.” Featuring seven questions, the questionnaire seeks to gain a better understanding of user perceptions around expanding digital realms like
ABOUT US
and then