Meta’s

Instagram is set to account for more than half of Meta Platforms' advertising revenue in the United States next year, as the social media platform improves monetisation of its products, according to research firm Emarketer. Why it's important Instagram's Reels competes with ByteDance's TikTok and YouTube Shorts, as users find short-form videos more engaging, driving marketers

Months later than rumored, Meta's Horizon Worlds is opening its doors to younger teens. The company is making its metaverse space accessible to teens aged 13 to 17 in the US and Canada in the weeks ahead. Unsurprisingly, the company is promising "robust" safety measures and parental controls — it wants to be sure the

Pressure is mounting on Meta CEO Mark Zuckerberg to abandon plans to open Horizon Worlds, the tech giant’s flagship virtual reality platform, to children aged between 13 and 17.In a joint letter, over 70 advocates for health, privacy, and children’s rights led by Fairplay, the Center for Digital Democracy (CDD), and the Center for Countering

DANIEL CONSTANTE/Shutterstock Meta is eyeing a fresh round of corporate restructuring that will mark even deeper layoffs. Unfortunately, the next rounds of firing are said to be of the same magnitude as the previous cycle last year, which saw nearly 11,000 employees getting the pink slip. According to The Wall Street Journal, multiple rounds of

February 28, 2023  •  4 min read  •  By Marty Swant With Snapchat and Meta both recently debuting new artificial intelligence capabilities, social media’s race to incorporate generative AI is gaining traction. Snap yesterday released a new chatbot for Snapchat called “My AI,” which is powered by OpenAI’s ChatGPT and helps generate text-based messages to answer trivia

By Chip Cutter and Meghan Bobrowsky| Photographs by Carolyn Fong for The Wall Street Journal Feb. 16, 2023 9:58 am ETMenlo Park, Calif.Coming to the campuses of Facebook parent Meta Platforms Inc. is a contraption that can block sound, shield workers from their peers and allow for heads-down, uninterrupted work.What's NewsKamala Harris Says Russia Has

Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — but the company’s investment into its vision of a VR-connected social future remains colossal. Starting in 2021, Meta began breaking out its Reality Labs VR

TechSpot is about to celebrate its 25th anniversary. TechSpot means tech analysis and advice you can trust. The big picture: Mark Zuckerberg's Metaverse ambitions continue to look like a money pit, costing Meta tens of billions of dollars over the last two years. The company's 2022 year-end financial statements compound prior heavy losses from Reality Labs, but