Tag Archives: Meta

Former Google and Meta executive launches at-home COVID-19 test

A new medical testing startup called Detect began selling at-home molecular COVID-19 tests through its website last week. The company also announced its CEO — Hugo Barra, a former executive at companies like Meta and Google who previously worked on hardware products like smartphones and virtual reality. The timing was sadly serendipitous — the launch coincided with a near-unprecedented surge in COVID-19 cases in the United States, driven by the omicron variant. It’s nearly… Source link

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U.S. recommends approving Google, Meta undersea cable

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly WASHINGTON, Dec 17 (Reuters) – The Biden administration on Friday recommended the Federal Communications Commission grant Alphabet’s Google and Facebook-parent Meta licenses for an undersea cable. The companies entered into national security agreements to protect data on the Pacific Light Cable Network system, an undersea fiber optic cable system that will… Source link

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Team Telecom Recommends FCC Grant Google and Meta Licenses for Undersea Cable | OPA

Today, the Department of Justice announced that Team Telecom entered into National Security Agreements with Google LLC and its subsidiary GU Holdings Inc., and Meta Platforms Inc. (formerly known as Facebook Inc.) and its subsidiary Edge Cable Holdings USA LLC to protect data on the Pacific Light Cable Network (PLCN) system, an undersea fiber optic cable system that will connect the United States, Taiwan and the Philippines.  The agreements were made with the Departments of Justice (DOJ),… Source link

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Google, Meta dominate as digital propels global advertising growth -forecasts

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to reuters.com Register Dec 6 (Reuters) – The global advertising industry will notch higher growth this year than previously expected and is likely to continue its streak in 2022 as brands are relying more heavily on search engine and social-media companies such as Alphabet Inc’s Google (GOOGL.O) and Meta Platforms Inc (FB.O)… Source link

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Russia files court cases for fines on annual turnover of Google, Meta

REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to reuters.com Register MOSCOW, Dec 3 (Reuters) – Russia’s state communications regulator Roskomnadzor has filed cases against U.S. tech firms Google and Meta that could see fines imposed on their annual turnover in Russia, a Moscow court said on Friday. Roskomnadzor in October threatened both Alphabet’s Google (GOOGL.O) and Meta’s Facebook (FB.O) with fines based on a percentage of their annual turnover for a repeated… Source link

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Chipmaker AMD just scored a big deal with Meta

Advanced Micro Devices (AMD) is about to enter the metaverse. The chip giant said its EPYC chips were selected by Meta (formerly known as Facebook) to help power its data centers at its virtual Accelerated Data Center Premiere event Monday. AMD explained the two companies worked together to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor. “Adding Meta is certainly a very significant piece,” AMD CEO Dr. Lisa Su said on Yahoo Finance… Source link

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Mistaken Facebook Identity Sees Meta Materials Shares Soar 32%

Reuters U.S. congresswoman Greene bought Trump SPAC shares (Reuters) -U.S. Representative Marjorie Taylor Greene, an ally of Donald Trump, bought as much as $50,000 worth of shares in the special purpose acquisition company (SPAC) that has agreed to merge with the former president’s new social media venture. Greene bought shares worth between $15,001 and $50,000 on Oct. 22, the day they rose in value by as much as 1,650% from what they were worth before the deal, as amateur traders and Trump… Source link

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Facebook rebrands as Meta as it bets on the future of the metaverse

Facebook (FB) is changing its name to Meta as it focuses on the metaverse, a series of interconnected, persistent virtual worlds that let people interact with digital objects and avatars. The company’s existing Facebook app will still retain its name.  CEO Mark Zuckerberg announced the rebranding during the company’s Connect conference on Thursday, which offered a further glimpse into the company’s plans for the so-called metaverse in the coming decade. “We believe the metaverse will be the… Source link

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Shares of Meta Material, formerly Torchlight, reverse to trade down 20%

(Reuters) -Shares of Meta Material Inc gave up premarket gains to fall 20% on Monday, the first day of trading after a merger that saw the niche hi-tech materials maker swallow Torchlight Energy Resources, which was at the center of huge speculative bets by small individual traders. Torchlight’s stock rose as high as 74% last Monday as retail investors piled into the stock with record volumes. The shares, however, gave up some of the gains after the company upsized its stock offering. In a… Source link

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