Meta’s

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

In an email sent to users, Meta said it will continue supporting Quest 1 with a few — but pretty big — changes. While owners can still use the device and the apps available for it, the Quest 1 will no longer be receiving new features. In addition, Meta will only be rolling out critical

Meta’s launching a new ad distribution system in the US as part of the settlement it reached with the US Department of Justice (DOJ) last year. In an announcement on its site, Meta says its new Variance Reduction System (VRS) will create a more “equitable distribution of ads” on the company’s platforms, addressing claims that

It turns out that Meta has been illegally forcing users to accept personalized ads across Facebook and Instagram for years — at least that’s the case in Europe. Earlier this week, Ireland’s Data Protection Commission (DPC) ruled that the social media giant has been engaging in this practice, even after it changed its terms of