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Meta Plans 30% Cut to Metaverse Budget

Digest more
 · 1h
Meta eyes budget cuts for its metaverse group as CEO Mark Zuckerberg doubles down on AI
Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division.

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 · 5h · on MSN
Meta’s Zuckerberg plans deep cuts for metaverse efforts
 · 3h · on MSN
Meta could axe up to one-third of its ‘metaverse’ budget next year

Meta poaches Apple's design chief Alan Dye

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Top News
Overview
 · 2h
Meta poaches Apple’s design chief Alan Dye in major coup
Meta Platforms Inc. has poached Apple Inc.’s most prominent design executive in a major coup that underscores a push by the social networking giant into AI-equipped consumer devices.

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 · 11h
Apple's head of UI design leaves for Meta
 · 20h
Meta hires longtime Apple design leader Alan Dye to run a new Reality Labs creative studio
 · 8h
Meta appoints former Apple Design Head to lead new design vision for Creative Studio
Meta has appointed Alan Dye, Apple’s former UI design head, as the new chief design officer.

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newsbytesapp.com · 15h
Meta hires Apple design chief to lead new creative studio
 · 15h
Apple's UI design lead Alan Dye joins to Meta to lead new hardware studio

EU Launches Antitrust Probe Into Meta

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Top News
Overview
 · 2h · on MSN
Meta facing antitrust inquiry in Europe over AI use in WhatsApp
The European Union hit tech giant Meta with an antitrust inquiry over Meta's alleged use of AI tools in in WhatsApp messaging platform.

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 · 5h
WhatsApp faces European antitrust investigation over artificial intelligence
 · 9h
EU Launches Antitrust Probe Into Meta Over Use of AI in WhatsApp
 · 9h
EU to launch antitrust probe into Meta over use of AI in WhatsApp, source says
Brussels is planning a new antitrust investigation into Meta Platforms (META.O) over its rollout of artificial intelligence features in WhatsApp, a source told Reuters on Thursday, reflecting rising s...

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 · 2h
Meta risks temporary ban on WhatsApp AI plan amid EU probe
 · 7h
EU regulator launches probe into Meta over use of AI in WhatsApp; company calls claims 'baseless'
39mon MSN

Meta says it's fixing its broken support system, with the help of AI

Meta acknowledged that its "support hasn’t always met expectations" but that a series of AI-powered updates should make it easier for people to get help.
2h

Meta centralizes Facebook and Instagram support, tests AI support assistant

The new AI assistant being tested is designed to offer more personalized help with things like account recovery, managing your profile, or updating your settings. This particular feature will first be available to Facebook users, but the company expects to roll it out to other apps in the future.
3hon MSN

Investors just handed Meta a $69 billion reward for scaling back metaverse spending

Meta bet big on the metaverse a few years ago, but it hasn't paid off. Investors on Thursday cheered a report it could slash metaverse spending by 30%.
2hon MSN

Meta’s stock pop could be just the start as Zuckerberg takes aim at ‘black hole’ of spending

Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ignited a rally
3h

Meta to slash spending on metaverse as it shifts focus to AI

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent, wiping more than $208bn from its valuation — its second-biggest one-day loss — after Zuckerberg announced plans for even more aggressive spending on AI next year.
20h

Meta's Creative Studio Led by Former Apple Design Head to 'Treat Intelligence as a New Design Material'

Meta CEO Mark Zuckerberg today announced plans to launch a creative studio that will be led by former Apple UI designer Alan Dye. As we learned earlier today, Dye is leaving his position as Vice President of Human Interface Design at Apple to become Meta's new chief design officer.
5hon MSN

Meta begins removing teen accounts in Australia

Meta began removing Australian teens younger than 16 from its platforms on Thursday to comply with the country's new law, which begins on Dec. 10.
1h

Post Cyber Monday deal: The Ray-Ban Meta Wayfarer sunglasses are at a record-low price

SAVE $82.25: The Ray-Ban Meta Wayfarer (gen 1) sunglasses are on sale for $246.75 in the matte black colorway with polarized gradient graphite lenses. That's a 25% discount compared to the list price of $329 and it's the lowest price we've seen at Amazon.

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