Tag: meta

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Meta develops an AI to generate videos from text prompts

Meta has unveiled the logical next step for 'text to image' AI technology: a text-to-video creative AI called Make-A-Video.
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Meta hits back at Epidemic Sound copyright infringement lawsuit

Earlier this year, production music company Epidemic Sound sued Meta in a $142m copyright infringement lawsuit.
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Rightsholders play catalogue hokey cokey with Resso and Meta

In, out, in, out, shake it all about! It being your music catalogue if you're a rightsholder wanting to make a point when negotiating...
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European Commission hints at plans for metaverse regulation

European Commission president Ursula von der Leyen has published her '2022 State of the Union Letter of Intent' setting out plans for potential regulations ahead.
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Leak reveals Instagram’s concerns over falling Reels engagement

The report is based on internal research from Meta: a document titled 'Creators x Reels State of the Union 2022' published in August.
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Irish regulator fines Instagram €405m over children’s privacy

Instagram has been fined €405m ($403.2m) by Irish regulator the Data Protection Commission (DPC) following an investigation.
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Report: Saregama ditches Meta platforms for YouTube Shorts

Last week, Indian music company Saregama announced a deal to make its catalogue available for use on YouTube Shorts globally.
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Meta adds Reels features and expands Horizon Worlds rollout

Intensifying competition around short videos is spurring a blizzard of new features across TikTok, Instagram/Facebook, Snapchat and others.
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WMG posts 7% revenue growth and renews its deal with Meta

Warner Music Group is the latest music company publishing its financial results for the second quarter of 2022 – its fiscal Q3.
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Meta releases BlenderBot 3 chatbot for ‘in the wild’ tests

It has built and released a chatbot called BlenderBot 3 for people (initially only in the US) to interact with.
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Meta financials reveal a year-on-year decline in revenues

News that the FTC wants to block its acquisition of music VR app Supernatural wasn't the only piece of bad news for Meta yesterday.
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The FTC wants to block Meta’s acquisition of Supernatural

Meta announced plans to acquire music-driven VR fitness app Supernatural in October 2021, but the deal is running into some big problems in the US.