Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022.
Meta Platforms fined $14 million for Onavo privacy issues: Report
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
Alibaba to support Meta’s AI model Llama – report
Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development.
Trademark attorney predicts legal fights ahead with Twitter’s rebrand to X
According to Josh Gerben, the social media platform could be embroiled in lawsuits over its ‘X’ branding for years, costing upwards of millions of dollars.
Is It Finally Time to ‘X-it’ Twitter For Threads?
Threads hopes to swoop in and capture Web3 users that are looking for social media alternatives. But does the app have what crypto natives are looking for?
Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood
Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares.
Report: Meta to release commercial AI tools to rival Google, OpenAI
Sources close to Meta reportedly have said the company plans to make a commercial version of its AI model to be more widely available and customizable.
Sarah Silverman sues Meta and OpenAI for copyright violations
Author Sarah Silverman and two others opened a lawsuit against OpenAI and Meta for using copyrighted work without permission to train their AI systems.
‘Scammers’ impersonate Crypto Twitter users on Threads as users near 100M
Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app.
Meta’s Twitter rival Threads to launch July 6, but will the crypto community budge?
Meta’s microblogging platform is set for launch, with Twitter co-founder Jack Dorsey pointing out the apps centralization and data harvesting.
Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits.
Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits.
The EU’s AI regulations sparked a letter signed by 160 tech execs
As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations.
US senator pushes tech companies to label AI-generated content
United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content.
Starknet Foundation Appoints Meta Veteran Oliva as First CEO
The executive will help the non-profit promote growth within the Starknet ecosystem.
Meta’s new ‘Voicebox’ AI is a text-to-speech tool that learns like ChatGPT
Meta claims Voicebox is the first AI that can generalize text-to-speech tasks it wasn’t trained to accomplish and describes it as a “breakthrough.”
AI automation could take over 50% of today’s work activity by 2045: McKinsey
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers.
AI startup by ex-Meta and Google researchers raises $113M in seed funding
The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers.
‘Already explored’ — Apple Vision Pro fails to impress Mark Zuckerberg
Zuckerberg highlighted divergent philosophies, with Meta emphasizing a social metaverse, while Apple’s device seemed designed for solitary use.
Top metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year.