Search results for "META"

FCC probs Meta’s acquisition of VR startup, Supernatural

The U.S. Federal Trade Commission will launch a thorough examination into Meta’s scheme to acquire the famous Virtual Reality (VR) fitness platform Supernatural, according to The Information. The investigation highlights only one aspect: antitrust watchdogs have officially initiated their scrutiny on Meta – formerly known as Facebook – for its heavy investments into its latest […]

Tinder CEO Renate Nyborg, discusses virtual currency, Metaverse

Famous dating app CEO, Renate Nyborg, revealed to Reuters that Tinder is seeking to expand its features to redefine the frontiers between online and offline universes by joining the metaverse league.  In an interview with the news hub, Tinder CEO Renate Nyborg revealed that the company is releasing its Explore in-app characteristic, with cooperative events […]

Meta uncovers global disinformation battle; Congress talks 230 reforms

As governmental entities abuse social media platforms’ influence on a universal scale, Facebook released on Wednesday a report highlighting its takedown on global disinformation networks promoting false information to manipulate the public’s opinion. One thing the January 6 Capitol riot uncovered is that social media platforms, especially Facebook, have an influential effect on shaping the […]

Meta’s co-founder of Diem Project, David Marcus to depart company

Top cryptocurrency executive at Meta Platforms Inc., David Marcus, publicized on Tuesday his departure from Meta’s Diem Project after seven years of service to pursue different entrepreneurial projects. Marcus joined Facebook’s team in 2014 to supervise the networking platform’s Messenger division. Then, in December 2017, he was reshuffled to take charge of the giant’s cryptocurrency […]

UK to block Facebook parent Meta’s $315M acquisition of Giphy

It is expected that the UK’s Competition and Markets Authority (CMA) will reverse Facebook parent company Meta’s purchase of Giphy in the coming days, according to the Financial Times.  If that happens, it will mark the first time that the country’s competition regulator has unraveled a major tech acquisition. Meta (Facebook previously) announced in May […]

HaptX accuses Meta of identical patent for “Haptic Glove”

Haptic gloves company “HaptX” is alleging that Meta has emulated its design in its latest uncovering for the Haptic Glove in Wednesday’s reveal, stating it appears “to be substantially identical” to its patents. Virtual Reality (VR) and Augmented Reality (AR) haptic glove pioneer HaptX pointed fingers at Meta – formerly known as Facebook – stating […]

Meta reveals “Haptic Glove” for Metaverse’ VR

Mark Zuckerberg posted on Tuesday a video of him experimenting on a “haptic glove” to assist in sensing virtual objects, to highlight Meta’s virtual reality (VR) fueled metaverse. The cyborg glove is developed with hundreds of small motors to help bring sensory feeling to the hand. In addition to locking limbs into specific positions, such […]

Meta’s networking platforms enforce hate speech, report shows

Meta shared on Wednesday its latest statistics report addressing the intensity of bullying, hate speech, and harassment on its platforms, as the public’s scrutinizing vigilance centers its gaze on the social network. The data released by the Big Tech giant’s last quarterly transparency report surfaced as Facebook’s guardian company, Meta, endures an increasingly examining scrutiny […]

Meta to deploy feature to remove ad targets of sensitive content

Facebook and Instagram’s parent company, Meta, announced Tuesday that it is looking to remove ad targets of sensitive content by prohibiting advertisers’ usage of detailed targeting options based on interaction with sensitive fields. In a blog post on the Meta for Business blog, the recently rebranded social media platform is seeking to diminish advertisers’ supremacy by blocking […]

Plenty of pitfalls await Zuckerberg's 'metaverse' plan

When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine.” That might not be such a great […]