Meta has made a significant commitment to artificial intelligence (AI) by allocating $3.25 billion to its research and development efforts. This strategic reallocation resulted in significant changes within […]
Meta Halts Metaverse Spending Amidst Budget Cuts & AI Focus
Social media giant Meta is scaling back its metaverse investments, potentially slashing up to 30% of funding for the division and redirecting resources towards augmented reality glasses and […]
Meta Realigns Its Resources: Metaverse Budgets Cut in Favor of AR Glasses
Meta Platforms is making a strategic shift in its technological focus, prioritizing artificial intelligence and next-generation virtual reality glasses over the metaverse. Sources indicate that Meta’s Reality Labs […]
Meta Shifts Focus: MWX Token Listing Scheduled for December on BitMart Exchange
Meta is making strategic changes in its approach to metaverse spending, with a planned 30% budget reduction for Reality Labs by 2026. This shift reflects a growing focus […]
Meta Launches Holiday Shopping Boost with AI-Powered Ads
Meta has launched a new campaign, ‘Tis the Season: Find the Perfect Gift on the Facebook Marketplace Holiday Shop’, to enhance shopping experiences on Facebook and Instagram during […]
Meta to Slash Metaverse Budget by Up to 30% Amidst Declining User Engagement and Market Slump
Meta’s ambitious metaverse division is facing a critical juncture. With user adoption proving sluggish and losses mounting, Meta reportedly plans to drastically cut spending on this innovative project. […]
Meta Stock Soars 5% After Metaverse Budget Slashings
Meta’s stock jumped more than 5% on Thursday after reports surfaced of a significant reduction in funding for the company’s metaverse projects, potentially as much as 30%. This […]
Meta Unveils AI-Powered Centralized Support for Facebook and Instagram
Meta has launched a groundbreaking centralized support system for its platforms, Facebook and Instagram, leveraging artificial intelligence to provide personalized assistance. The move aims to address longstanding user […]
Meta to Slash Metaverse Budget by 30%, Shifting Focus Towards AI
Meta’s ambitious metaverse division, Reality Labs, is facing a significant blow as the company reportedly plans to cut its budget by up to 30% by 2026. This strategic […]
Meta’s Metaverse Budget Slash: A Sign of Rethinking Virtual Reality
Meta’s sudden decision to cut its metaverse budget by up to 30% is sending ripples through the industry. This shift, driven by mounting skepticism and a struggling virtual […]
Why is Meta Stock Jumping Today? Metaverse Cuts Could Lead to Layoffs
Meta Platforms, formerly known as Facebook, saw a 4% surge in its stock price following a report from Bloomberg. The report revealed that Meta plans to cut up […]
EU Probes Meta’s Ban of Third-Party AI Chatbots on WhatsApp
The European Union (EU) is launching a formal antitrust investigation into Meta’s decision to restrict general-purpose AI chatbots from operating through WhatsApp’s Business API. This move has raised […]
Meta Under Fire: EU Regulators Probe AI Integration with WhatsApp
European regulators are launching an investigation into Meta’s use of artificial intelligence (AI) in WhatsApp, a move that could significantly impact the platform’s future. The probe, targeting Meta’s […]
Meta Attracts Top Design Talent: Alan Dye Joins to Revolutionize AI Interfaces
In a move that signals a major shift in the landscape of AI development, Meta has secured the services of renowned design expert Alan Dye from Apple. This […]
U.S. Senators Demand Investigation into Fraudulent Ads on Meta Platforms
Concerned by misleading advertisements impacting user experience, U.S. senators have urged the FTC and SEC to launch an investigation into fraudulent promotions on Meta platforms. This request focuses […]