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Meta’s next hardware play shows high-end VR is going mainstream

The next phase of Meta’s virtual reality (VR) hardware system will be pricier and offer more features than the current $299 Quest 2 headset. Meta’s next-generation device was expected to be released at the end of 2021, but has been pushed to later this year. “[W]e’ll release a higher-end headset, code-named Project Cambria, which will be…

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Meta’s Plan to Disappoint Creators – 47.5% Cut on Every Sale

You are here: Home / News / Blockchain / Meta’s Plan to Disappoint Creators – 47.5% Cut on Every Sale April 14, 2022 by Vignesh Karunanidhi Facebook’s parent company, Meta, is collecting a 47.5 percent cut on digital assets sold through Horizon Worlds, its virtual reality platform. Horizon Environments is a free virtual reality game…

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Meta’s testing

Meta Tests a New Layout for the Desktop Version Of Facebook

Facebook appears to be testing a new layout in the desktop version of the app, with some users recently having this new format unleashed on their screens. That seems like a lot. According to Mashable, the new layout appeared for some users last week, with an update alert in the app explaining the change, which…

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Meta’s System

Meta’s new “system cards” make Instagram’s AI algorithm less mysterious

On Wednesday, Facebook and Instagram’s parent company, Meta, announced during a virtual event that it was applying artificial intelligence capabilities to power a range of tasks, such as universal translation and a new generation of AI assistants, across its future metaverse platform and existing family of apps. An early digital assistant that can make recommendations…

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Meta’s Zuckerberg unveils AI Projects Designed to Build a Metaverse Future

Please try another search Economy2 hours ago (Feb 23, 2022 01:55PM ET) © Reuters. FILE PHOTO: Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Elizabeth Culliford (Reuters) -Facebook-owner Meta is working on artificial intelligence research to generate worlds…

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Meta’s world's

Meta’s VR Worlds Are Growing Fast with More Than 300k Monthly Actives

As Meta continues to spruik its metaverse shift, VR is clearly a key focus element, and with sales of Meta’s VR headsets on the rise, it could well become the next big platform for digital connection. And that future could be closer than you might think, with The Verge reporting that users of Horizon Worlds,…

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Meta’s social

Meta’s social VR platform Horizon has 300,000 users

Facebook has bet its future on virtual reality and the metaverse, rebranding to Meta and spending billions a year to build hardware and software that extends beyond traditional social media. But the company has, at least so far, shared little with the public about how well its early bets are performing. Meta’s highest-profile bet right…

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Meta’s supercomputer

Meta’s RSC supercomputer gives revolutionary power to the company — and privacy and bias concerns

Join today’s leading executives online at the Data Summit on March 9th. Register here. Last month, Meta (formerly Facebook) announced that it had developed a supercomputer known as the AI Research SuperCluster (RSC). The company claims that when completed by the end of the year, it will be one of the world’s fastest AI supercomputers.…

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Meta’s policy

Nick Clegg, Meta’s policy leader, is given a new presidential title

Nick Clegg — Meta’s head of policy and communications — is getting a fancy new title: he’s being upgraded from vice president of global affairs to president of global affairs. The move seems less about elevating Clegg’s responsibilities and more about positioning him (rather than CEO Mark Zuckerberg or COO Sheryl Sandberg) front and center…

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Meta’s dramatic fall hides strong earnings week across Big Tech

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full…