Tag: meta

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Meta is getting out of its Portal smart-displays business

Meta has been running TV ads for its Portal smart displays, but canny buyers may want to hang on until Black Friday or the Boxing Day sales.
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Meta to lay off more than 11,000 staff – 13% of its headcount

Facebook and Instagram's parent company Meta has announced plans to lay off 11,000 of its staff – around 13% of its workforce.
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Report: Meta could announce significant layoffs this week

Last week's big tech-layoffs news story may have been Twitter, but this week's seems likely to be Meta, according to the Wall Street Journal.
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Meta reveals Instagram NFT plans and latest creator features

Instagram has been dabbling with NFTs for a few months now: in May it started testing a feature for a limited amount of people to share NFTs that they had made or bought.
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FTC plans to question Zuckerberg in case to block Within deal

Meta bought the developer of popular VR music game Beat Saber in 2019 without a hitch, and may have expected similar for Within.
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Instagram now has more than 2bn monthly active users

Something we missed in our report on Meta’s latest financial results yesterday: CEO Mark Zuckerberg revealed a new milestone stat for its Instagram service.
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Meta stock slides after financials reveal revenue decline

“Our community continues to grow and I'm pleased with the strong engagement we're seeing driven by progress on our discovery engine and products like Reels,” is how Meta CEO Mark Zuckerberg opened his company’s latest...
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Meta and Tidal team up for new series of virtual concerts

Could musicians be part of the solution to disappointing usage figures for Meta’s Horizon Worlds virtual world?
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Report: Meta’s Horizon Worlds only has 200k active users

Internal documents from Meta suggest that the company was hoping for 500,000 monthly active users for Horizon Worlds by the end of 2022.
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Meta reveals its latest VR headset and metaverse strategy

Meta opened its Meta Connect  2022 event with a range of announcements and interviews to show new hardware.
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Meta and Instagram’s ‘Creator Week’ returns in November

Every platform wants to teach creators how to make the most of its key features, and hopefully court them to give it priority.
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Meta’s Horizon Worlds metaverse has some teething issues

Meta is hoping for big things from its Horizon Worlds metaverse, but it's fair to say there are still some teething issues.