Meta executives are reportedly considering cutting as much as 30% of the budget of the company’s metaverse group amid a shift of resources toward artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
European antitrust regulators have launched an investigation into Meta’s artificial intelligence (AI) enhancement to WhatsApp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Meta is establishing a new creative studio in its Reality Labs division and has hired longtime Apple design executive Alan Dye to lead it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Meta has reportedly been ordered to pay 479 million euros (about $552 million) after a Spanish court found that the company had violated the European Union’s General Data Protection Regulation (GDPR) and breached Spain’s antitrust law. Get the Full Story Complete the form to unlock...
Meta Chief Revenue Officer John Hegeman said Tuesday (Nov. 18) that he is leaving the firm after 17 years to start his own company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Facebook is rolling out a new mobile tool designed to help creators protect their content. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Meta will invest $600 billion in the United States by 2028 to build artificial intelligence (AI) data centers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Meta is pouring billions into its biggest artificial intelligence (AI) bet yet. CEO Mark Zuckerberg told analysts in the company’s Q3 earnings call that he is “very focused on establishing Meta as the leading frontier AI lab” and on “building personal superintelligence for everyone.” It’s...
Meta told investors on Wednesday (Oct. 29) to brace for a step-up in infrastructure spending next year as it races to build what CEO Mark Zuckerberg calls “personal superintelligence.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
