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The Latest Breaking News from Meta

A new Virtual Desktop update proves why it's still the best way to play PCVR

The latest Virtual Desktop update for Meta Quest headsets includes a brilliant new Qualcomm Snapdragon feature that gives it better image quality than ever.

Android Central

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

Tech giants on notice to remove extreme content

Tech giants on notice to remove extreme content

Australia is seeking to slap big fines on tech giants that don’t curtail extreme content from their platforms, the RBA is expected to leave our cash rate steady, and energy retailers say nuclear is a very long way off.

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Sony halts production of another major product it is struggling to sell

The tech company is not exempt from facing a critical issue in a blossoming new industry.

Meta Stock Named A Top Pick. Why Analyst Is Bullish On Facebook-Amazon Partnership.

Meta stock was named a top pick by Mizuho, which is bullish on Amazon partnership driving social media e-commerce.

Investors Business Daily

Tech giants grilled on their compliance with EU’s new Digital Markets Act

American tech giant Apple explained how it is complying with the European Union’s Digital Markets Act at a hearing in Brussels on Monday, fending off criticism that it has not done enough to meet the terms of the law. It kicks off a week of hearings of all the tech…

Radio France Internationale

Sony's reportedly stopped making any more PS VR2 headsets until it can figure out a way of shifting a pile of unsold VR goggles

Hmm, that explains why it's eyeing up PC support, too.

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Supreme Court sounds reluctant to curb US social media outreach - Roll Call

Supreme Court sounds reluctant to curb US social media outreach - Roll Call

The Supreme Court appeared ready Monday to allow government officials to communicate with social media companies over misinformation.

Australian eSafety commissioner puts tech companies on notice over reports terror-related content still being shared

Australian eSafety commissioner puts tech companies on notice over reports terror-related content still being shared

Julie Inman Grant has asked companies including Google, Meta and Telegram to explain how they are taking action against violent and extremist material

The Guardian - AU

This new Meta Quest 3 Lite leak looks wild

This new Meta Quest 3 Lite leak looks wild

A new Meta Quest 3 Lite render has leaked, revealing that the new budget VR headset could be called the Meta Quest 3s instead.

Android Central

Meta Quest 3 Lite reportedly shown off in leaked images of cheaper VR headset

Meta Quest 3 Lite reportedly shown off in leaked images of cheaper VR headset

Meta's Quest 3 is getting an affordable alternative sometime this year, and leaked images reportedly reveal what it looks like.

Mark Zuckerberg Net Worth: From Social Media Pioneer To Billionaire Tech Titan

Mark Zuckerberg Net Worth: From Social Media Pioneer To Billionaire Tech Titan

The majority of Zuckerberg's wealth comes from his approximately 13% stake in Meta Platforms.

International Business Times

Turkey Takes Action Against Meta For Data Sharing

Turkey Takes Action Against Meta For Data Sharing

Turkey's action against Meta over data sharing concerns highlights global tech industry scrutiny and data privacy importance.

Meta Platforms Put Options Have High Premiums - Ideal to Short as an Income Play

Meta Platforms Put Options Have High Premiums - Ideal to Short as an Income Play

Meta Platforms stock has held up well since its earnings release. Its out-of-the-money puts still have high premium levels. This is ideal for short-sellers as an income play, especially for existing shareholders.

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Cheaper Meta Quest 3 Lite just leaked — here’s your first look

New renders show a ‘Lite’ version of Meta’s superb VR headset without the passthrough cameras.

The Guardian - UK

Leading adviser quits over Instagram’s failure to remove self-harm content

Exclusive: Psychologist accuses Meta of ‘turning a blind eye’ to posts she believes represent further danger to vulnerable women

The Guardian - UK

TikTok may be on borrowed time in the US, but it still holds a Trump card

Despite Congress threatening to ban the Chinese-owned app, the service has unexpectedly been handed a presidential joker

International Business Times

Meta's Role In Illegal Drug Sales Under Federal Investigation: Report

The paper quoted a spokesman for Meta as saying in a statement: "The sale of illicit drugs is against our policies and we work to find and remove this content from our services".

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We may have our first look at the more affordable Meta Quest 3 Lite

An image supposedly showing the Meta Quest 3 Lite has leaked, and there are no passthrough cameras.

Don't Let E.U. Bureaucrats Design Americans' Tech

Some Democrats want to mimic Europe's policies on phone chargers and more.

Meta Successfully Appeals Court Order In Brazil

Meta successfully wins appeal in Brazil, allowing it to use its name and focus on operations without legal distractions.

Newcastle Herald

Parking problems in Newcastle spread far beyond the inner city

'You just have to look at ... Brunker Road.'

Meta Sues Former Executive For Taking Confidential Documents To AI Startup

Meta sues former executive for taking confidential documents to AI startup, emphasizing data confidentiality and contractual obligations.

Alphabet vs. Tesla: Which is the Best Magnificent 7 Stock to Buy Now?

The performance of Magnificent 7 stocks has been mixed in 2024, to say the least. While Ray Dalio thinks Alphabet and Meta are good buys, "valuation dean" Ashwath Damodaran is throwing his weight behind Tesla.

Meta's insatiable appetite for Nvidia AI chips could add up to $7 billion worth of H100 GPUs by the end of the year

Meta bought a huge number of H100s last year. It's going to buy even more in 2024.

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