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Zuckerberg stands firm on Metaverse and AI plans during Q2 results

Despite a volatile 2022, Meta CEO Mark Zuckerberg remains confident in the company’s plans to develop its metaverse and artificial intelligence (AI).  The Meta Founder...

Meta’s Reality Labs records $3.7bn loss in Q3 results

Reality Labs, Meta’s virtual reality and metaverse branch, has recorded $3.7bn loss in its Q3 2022 results, accumulating a total of $9.4bn in losses...

“Time to get fit” – Meta investor’s open letter to Zuckerberg...

An open letter from Altimeter Capital Management CEO and Meta investor, Brad Gerstner, has called on the tech giant’s CEO Mark Zuckerberg to change...

Mark Zuckerberg: Bringing together the physical and digital world 

Whilst gaming is use case number one for virtual reality, Meta Founder, Mark Zuckerberg emphasised that the tech will rapidly expand to being a...

Meta rolls out international expansion of NFTs on Instagram

Meta CEO Mark Zuckerberg has announced the company's international expansion for NFT usage on Instagram.  After initially trialling NFTs for selected Instagram artists in the...

Zuckerberg reveals economic situation ‘worse than a quarter ago’ as Meta...

Meta Platforms and the firm’s CEO Mark Zuckerberg have revealed the company's first-ever sales decline in its latest Q2 results.  Not only did Meta record...

Instagram launches new feature ‘payments for chat’

Meta-owned social media platform Instagram is rolling out a new payment feature 'payments for chat’ that will enable users to pay one another via...

Meta to shut down crypto wallet service Novi

Tech giant Meta has announced it plans to shut down its crypto wallet service Novi after launching in October 2021.  Meta, formerly known as Facebook,...

Meta to make Instagram NFT venture ‘accessible to all’

Meta is set to test digital collectibles and NFT art on Instagram by working with a select group of US creators.  Introducing the feature this...

Retailers “frustrated” with Facebook’s ecommerce services

Meta Platforms, parent company of Facebook and Instagram, has left its retail partners “frustrated” with the seeming lack of progression of its ecommerce services.  The...

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