Confirmed. Facebook parent lays off thousands of people

Another American billionaire, Mark Zuckerberg, is following in the footsteps of Elon Musk’s Twitter. A giant layoff is coming at Meta Platforms. 11,000 people, representing about 13 percent of its workforce, must leave Facebook’s parent company. American technology entrepreneur Mark Zuckerberg wouldn’t take this for granted. A costly bet on the Metaverse and reduced advertising […]

Metaverse is a waste, an investor told Zuckerberg

Meta suffers from big corporation syndrome, employing an overabundance of expensive people and wasting resources on pointless investments. This is how one of its investors, who wrote an open letter to the giant’s founder Mark Zuckerberg, could be summed up, CNBC reported. In an open letter to Meta, Altimeter Capital Chairman and CEO Brad Gerstner […]

Meta Connect: Facebook brings Microsoft on board and introduces VR headset

Facebook boss Mark Zuckerberg revealed what his vision of the Metaverse should look like – and how one should participate, namely with the VR headset Meta Quest Pro, successor to Quest 2. It contains the XR2+ processor developed in cooperation with Snapdragon, plus 12 GB of RAM and 256 GB of mass storage. An ergonomically […]

Facebook group is probably experiencing disaster with Metaverse

Mark Zuckerberg sees the future of the internet in his Metaverse. Apparently the application is so broken that not even its developers want to use it. The Horizon Worlds application is Mark Zuckerberg’s flagship project when it comes to the Metaverse – a 3D digital world designed to transform the way we communicate with each […]

Meta’s ‘crossing of death’ (Facebook)

MADRID. Shares of Meta Platforms plunged 13.5% last week, their biggest weekly loss since Januarywhen the stock plunged 21.15%, closing at $146.29, just $0.28, or 0.02% from its March 16, 2020 pandemic closing price low. on Monday 1.56%, creating a bullish ‘piercing pattern’. That is when there is a red candle followed by a green […]

Meta agrees to pay $37 million in lawsuit over Facebook location tracking

Meta Platforms Inc reached a $37.5 million settlement in a lawsuit accusing the parent company of Facebook of violating users’ privacy by tracking their movements through their smartphones without permission. The preliminary settlement of the proposed class action lawsuit was filed Monday in federal court in San Francisco, and requires a judge’s approval. Resolves claims […]

Index – Economy – Cola has never looked so good

Buy sugar, it will sweeten your life – the good advice could be there for two reasons now. In addition to the obvious report, we can now also mean that buying products at official prices is a saving compared to the market price of the products, so buying them is also a good investment. We […]

Index – Economy – Developers fail, Apple points finger – Facebook parent gets bold

Meta Platforms, Facebook’s parent company, announced Monday that it will allow some of Horizon Worlds ’creators to sell virtual devices on the platform, such as NFTs. The Horizon Worlds Virtual Reality Platform is an integral part of the Meta Platforms Metaverse, Marketwatch wrote. According to Meta Platforms, all virtual asset sales transactions here will account […]