Filmmaker James Cameron’s venture, Lightstorm Vision, will help scale the creation of 3D entertainment experiences for Meta Quest mixed reality (MR) headsets. The two companies have formed a multiyear partnership in which they will scale the creation of these experiences across live sports and concerts,...
Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was reported Friday (Nov. 29) by TechCrunch, citing sources close to the company. The report said Meta has a great need...
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov. 25), Reuters reported. The FTC sued Meta in 2020, alleging that Meta, which was then known...
Meta AI says its Ray-Ban smartglasses are now available in four European countries. Beginning Monday (Nov. 18), users in France, Spain, Ireland and Italy can use these artificial intelligence (AI)-powered glasses to get answers to questions, with those responses now available in French, Italian and...
Meta said Thursday (Nov. 14) that it will appeal the European Commission’s (EC) decision in a case alleging practices involving Facebook and Facebook Marketplace that cause competitive harm. The EC announced Wednesday (Nov. 13) that it fined Meta 797.72 million euros (about $842 million), saying the company violated European...
Meta reportedly plans to add advertising to its social media platform, Threads. The company’s Instagram ad unit is spearheading the initiative, and a small number of advertisers will be allowed to publish on the app beginning in January, Seeking Alpha reported Wednesday (Nov. 13), citing...
A judge reportedly ruled Wednesday (Nov. 13) that a Federal Trade Commission (FTC) lawsuit against Meta can go to trial, largely denying the company’s motion to have the case dismissed. The FTC filed the suit in 2020, seeking the breakup of Meta and alleging that the company bought Instagram and WhatsApp in...
Meta is reportedly rejecting the FTC’s plan to modify a 2020 privacy settlement. An attorney for the tech giant told the Federal Trade Commission’s (FTC) commissioners at a Tuesday (Nov. 12) hearing that such a move would need to come from a federal court, Bloomberg...
Meta is promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles that lets visitors experience the glasses firsthand. The temporary brick-and-mortar store at 8600 Melrose Avenue includes an AI wall that lets visitors test the smart AI assistant on the glasses,...