In an earlier internal staff assembly, Meta’s CEO, Mark Zuckerberg, reaffirmed his aspirations concerning artificial intelligence, the metaverse, and the revitalization of the company’s cultural development, whilst asserting that Apple’s recently unveiled Vision Pro...
In an unexpected turn of events, GIPHY, the prolific GIF file-sharing service initially planned for acquisition by Meta, has been purchased by Shutterstock, the American provider of stock photography, tools, and visuals. Shutterstock is...
Meta has recently unveiled its Massively Multilingual Speech AI, a vast multilingual model capable of recognizing over 4,000 spoken languages, and has made it available open-source, thereby propelling the linguistic research community to further...
Recent reports have suggested that corporations, including Google, Meta, Amazon, Microsoft, and Salesforce, have been swiftly employing foreign workers at comparatively lower salaries to fill vacancies, following their recent announcements of staff reductions. The...
Meta has recently recruited a professional team skilled in developing artificial intelligence network technologies for Graphcore, a British semiconductor startup, with at least ten individuals joining Meta between February and March of this year....
Meta reported its first-quarter earnings for fiscal year 2023 earlier, revealing revenue of $28.645 billion, a 3% increase from $27.908 billion in the same quarter last year. However, due to rising expenses of $21.418...
Following the recent disclosure of Messenger’s return to the mobile Facebook app, Meta’s Facebook Gaming announced the integration of 14 games for users to enjoy with online friends and family during video calls via...
Recently, OpenAI, Microsoft, and Google have been making waves in the AI domain, and Meta, as one of the technology giants, has not been idle. Today, Meta AI open-sourced a model called the Segment...
Following the recent announcement of a paid account verification service for Facebook and Instagram, the service has been launched in Australia and New Zealand and has now officially entered the United States market. Meta’s...
In November 2022, Meta’s founder and CEO, Mark Zuckerberg, issued a company-wide letter, confirming the layoff of over 11,000 employees, approximately 13% of the total workforce. This marked the largest scale layoff action in...
Meta is developing a decentralized community platform with the internal code name “P92”, and using the ActivityPub decentralized social network protocol designed with an open-source architecture for transmission. Similar to Tumblr’s support for open-source...
Since the announcement of the split of the Messenger service from Facebook in 2014, its purpose was to give the messaging service more room for development. However, in a recent update, Meta indicated that...
Compared to the starting price of $1,499.99 when it was launched in October last year, and the announcement of a reduction to $1,099.99 for Quest Pro in early January this year, Meta has now...
Meta has internally shared a development blueprint with its employees, including plans for future virtual reality and augmented reality eyewear devices. The first mature augmented reality glasses created by Meta are expected to be...
Following recent moves by OpenAI, Microsoft, and Google to enter the new artificial intelligence technology market, Meta, which has also been involved in artificial intelligence for some time, recently announced that it will launch...
