Meta Financial News

15.09 / 03:41
business Metaverse Meta Meta Ceo Meta’s Horizon Worlds launches on mobile and web in early access
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.
14.09 / 03:59
business Adoption NFT Metaverse Meta Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
Big Tech player Meta gave the metaverse a bad name when it pushed its janky vision to the masses. Luckily, open online virtual worlds have continued to evolve, says Yuga Labs CEO Daniel Alegre.
11.09 / 09:51
business Google NVIDIA Meta ChatGPT OpenAI Meta is building AI model to rival OpenAI's most powerful system
Meta, the parent company to social media platforms Facebook and Instagram, says it's developing a new artificial intelligence (AI) that will rival the most advanced model from OpenAI, according to a Wall Street Journal exclusive. 
08.09 / 21:39
Machine Learning Meta ChatGPT Scientists created ‘OpinionGPT’ to explore explicit human bias — and you can test it for yourself
A team of researchers from Humboldt-Universitat zu Berlin have developed a large language artificial intelligence model with the distinction of having been intentionally tuned to generate outputs with expressed bias.
07.09 / 17:41
Facebook privacy Analysis data Opinion Meta Warning Meta’s assault on privacy should serve as a warning against AI
In an increasingly AI-driven world, blockchain could play a critical role in preventing the sins committed by apps like Facebook from becoming widespread and normalized.
05.09 / 13:31
business Technology Baidu Meta OpenAI Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech company Baidu, Robin Li, said on Sep. 5 that more than 70 artificial intelligence (AI) models have been released in the country, according to a report from Reuters. 
22.08 / 02:13
business Facebook regulation Court Meta Crypto scams Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment and crypto scam ads on its platform.
17.08 / 05:33
Facebook Meta Wildfires Wildfire Northwest Territories Yellowknife N.W.T. wildfires destroy town of Enterprise, threaten Yellowknife: ‘Everything I loved in life is gone’
Debilitating smoke has been hanging over the heads of many in Yellowknife for days and a wildfire on the outskirts of the northern city is growing steadily.
04.08 / 09:37
business Google Meta generative AI Meta launches suite of generative AI music tools rivaling Google’s MusicLM
Meta, the parent company of Facebook and Instagram, launched a suite of generative AI models on Aug. 2, which it calls AudioCraft, for the purpose of music creation from various inputs, according to a blog post. 
03.08 / 16:01
NVIDIA Meta Investment trusts private equity F&C's Paul Niven shakes up portfolio ahead of 'uncertain' H2
Paul Niven (pictured) is the fund manager of the F&C Investment Trust.
03.08 / 13:29
business Meta open Alibaba releases two open-sourced AI models to rival Meta’s Llama 2
Alibaba Group, the Chinese tech and e-commerce giant, announced the release of two open-sourced artificial intelligence (AI) models from its cloud computing department on Aug. 3, according to a press release. 
01.08 / 18:46
Metaverse Meta 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.
01.08 / 13:19
business Microsoft Google Intel Meta AI mentions skyrocket in major tech companies' Q2 calls
In earnings calls for the second fiscal quarter for major tech companies, the mention of artificial intelligence (AI) has skyrocketed compared to the previous quarter, according to a report on the topic from Reuters. 
01.08 / 08:51
business Facebook Meta Instagram Meta Ceo Meta to launch AI chatbots with personalities to retain users: Report
Meta, the parent company of Facebook and Instagram, plans to release artificial intelligence (AI) chatbots with human-like personalities as it focuses on user retention efforts, according to a report from the Financial Times. 
27.07 / 17:01
Facebook WhatsApp Meta Instagram Business News earnings boost ad Meta stock rallies as rosy forecast shows AI helped boost ad sales
Meta shares surged nearly 10 per cent on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy.
26.07 / 23:05
business Facebook virtual reality Metaverse Meta Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.
26.07 / 14:35
business Technology regulation data Meta Meta Platforms fined $14 million for Onavo privacy issues: Report
An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting user data through a smartphone application, Onavo. 
25.07 / 22:21
Law Twitter regulation Microsoft Meta rebrand Trademark attorney predicts legal fights ahead with Twitter’s rebrand to X
Josh Gerben, a trademark attorney with Gerben Intellectual Property, has suggested the company formerly known as Twitter could spend upward of $100 million in dealing with litigation as a result of the X rebranding.
19.07 / 12:39
Apple NVIDIA Meta Investment trusts Polar Capital Technology lags benchmark after missing out on mega-cap tech rally
The share price fell 4.9%, reflecting a widening of the discount, which averaged 11.9% during the year under review.
16.07 / 11:05
Robinhood coinbase Meta ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position
Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares. 
15.07 / 17:07
coinbase Meta Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs
Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high. 

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