Tag Archives: Metas

Data: Insider Intelligence. Note: E-commerce includes Amazon, eBay, Walmart and Etsy; streaming includes TikTok, Hulu, Roku, Pluto, Tubi, Spotify, Pandora and iHeartMedia; tech includes Microsoft, Yelp and Verizon/Yahoo; social media includes Snap, Twitter, Pinterest and Reddit. Grey space indicates all other U.S. digital advertising. Chart: Axios Visuals Google and Meta, known together in the ad industry as the “duopoly,” are expected to bring in less than half of all U.S. digital advertising… Source link

Not to be outdone by Meta’s Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given a text prompt (e.g. “a teddy bear washing dishes”). While the results aren’t perfect — the looping clips the system generates tend to have artifacts and noise — Google claims that Imagen Video is a step toward a system with a “high degree of controllability” and world knowledge, including the ability to generate footage in a range of… Source link

Meta CEO Mark Zuckerberg.Drew Angerer/Getty Images A nonprofit advocacy group says a researcher’s avatar was raped in the metaverse. Other Meta users have also said they were sexually harassed or abused in the metaverse. Meta investors wanted a report on harms facing metaverse users, but shareholders rejected the idea. A researcher entered the metaverse wanting to study users’ behavior on Meta’s social-networking platform Horizon World. But within an hour after she donned her Oculus… Source link

Mark Zuckerberg in his metaverse living room.Facebook Mark Zuckerberg told shareholders that creating the metaverse will bleed money for three to five years. The Meta CEO told the company’s annual meeting that some products wouldn’t be ready for 15 years. The Facebook owner spent $10 billion on the idea of an immersive virtual world in 2021 alone. Meta’s metaverse project will lose “significant” amounts of money over the next three to five years, CEO Mark Zuckerberg told shareholders on… Source link

Shares of Facebook parent Meta (FB) soared in early trading Thursday on the back of its Q1 earnings report. Shares of the social media giant were up more than 14% despite a miss on revenue expectations, as investors and analysts digested the company’s plans to scale back spending. On the surface, Meta’s report wasn’t all that great. It missed on revenue estimates, with analysts expecting the company to bring in $28.24 billion rather than the $27.9 billion it reported. But the company… Source link

Google and Meta are being investigated by antitrust regulators in the EU and UK over “Jedi Blue” — a deal between the two firms that critics say allowed them to block smaller tech companies from gaining a foothold in the online ad market. In a press statement, the European Commission said it was concerned that the September 2018 agreement “may form part of efforts to exclude ad tech services competing with Google’s Open Bidding programme, and therefore restrict or distort… Source link

Facebook parent company Meta’s (FB) Menlo Park, California, headquarters features the world’s largest open floor plan. It’s a massive single room where employees, or Metamates as CEO Mark Zuckerberg now calls them, build the apps that billions of people use. But according to Facebook whistleblower Frances Haugen, it’s not practical. And that impracticality reflects Meta’s inability to notice its own blindspots, she says — especially when it comes to figuring out how to address… Source link

Meta (FB) CEO Mark Zuckerberg on Tuesday unveiled new plans for the company’s turn toward the metaverse, introducing company values like “live in the future” and telling employees they’ll be referred to as “metamates.” Shares of Meta ticked up slightly on the day but the company’s stock remains about 31% below where it stood upon the release of disappointing earnings at the outset of the month. Observers on Wall Street and in Silicon Valley have attributed the sudden collapse to sluggish user… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, February 9, 2022 Facebook parent Meta is making a risky bet on the metaverse The hits keep coming for Facebook parent company Meta (FB). After a devastating earnings report last week, the company’s stock price has fallen off a cliff. On Tuesday the precipitous drop pushed Meta’s… Source link

Google may be kicking its augmented reality efforts into high gear following the acquisition of AR glasses company, North, last year. The search giant is now reportedly working on “a new iteration of smart glasses.” According to a report by The New York Times, Google is banking on its North acquisition to jump on the AR bandwagon (via Android Police). The Mountain View-based tech behemoth purchased the Canadian startup in the summer of last year, ostensibly in an effort to gain a foothold… Source link