Category: Mark Zuckerberg

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Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt

Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai’s Chatgpt and is setting out to offer interaction tailored to attend to different interests and solve specific tasks. Zuckerberg Unveils Meta AI Chatbot, AI Personas at Meta…
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Meta’s Horizon Worlds launches on mobile and web in early access

Mark Zuckerberg’s Horizon Worlds is extending past virtual reality in a bid to bring more users to its 3D virtual world. Meta CEO Mark Zuckerberg has finally made the move to expand his metaverse Horizon Worlds from virtual reality headsets to people’s smartphones and computers. The 3D avatar-based social platform announced in a Sept. 15…
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Analyzing Mark Zuckerberg’s Metaverse Investment: $21 Billion in Losses So Far

Facebook boss Mark Zuckerberg’s metaverse push has so far cost his company $21 billion, with little to show for in terms of real results, according to a recent Bloomberg opinion piece. For the massive amount of money spent on developing a metaverse, Zuckerberg and Facebook-owner Meta have only managed to sell some 20 million units…
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Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’

Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits. Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to…
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Metaverse for youth: Meta urged to ban minors from virtual world

Currently allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 to 17. Advocacy organizations and safety groups have urged Mark Zuckerberg’s social media giant Meta to halt plans to allow minors into the metaverse. Online safety groups and experts sent a letter to the Meta…
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Disney Reportedly Axing Metaverse Division Amidst Company Restructuring

The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs the…
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Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’

Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over the metaverse. Meta Announces 10,000…
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Meta Reportedly Preparing for a New Round of Layoffs

Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, causing operational delays and affecting the output of employees of the company. Meta to…
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Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division

Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of the company to focus on its AI (artificial intelligence) and metaverse projects in the…
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New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX…
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