Kurt Wagner Bloomberg
- All
- News
-
Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
-
Meta AI 'Godfather' LeCun Yann Announces Exit, Plans New Startup
Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., told employees that he will depart the social media giant at the end of the year and start a new company.
-
Instagram Is Exploring A Dedicated TV App In Video Push
Instagram is exploring building a dedicated TV app as part of a deeper push into video, a move that could get Instagram videos in front of more viewers and also provide more competition for YouTube.
-
Meta Invests $3.5 Billion in Ray-Ban Maker EssilorLuxottica in AI Glasses Push
Facebook parent Meta acquired just under 3 percent of the Ray-Ban maker, a stake worth around €3 billion ($3.5 billion) at market prices, said the people, who asked not to be identified because deliberations are private.
-
Elon Musk's X To Deploy AI To Write Community Notes, Speed Up Fact-Checking
Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network's fact-checking product and expand it to reach more people.
-
Meta Superintelligence Labs: Zuckerberg Announces New Group For AI Projects
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company's artificial intelligence group, including a commitment to developing AI "superintelligence,".
-
TikTok Pushes Deeper Into AI-Generated Video Ads With New Tools
TikTok is rolling out a set of new AI advertising features. With these, marketers will be able to upload an image of a product they want to feature, or write a short text prompt and TikTok’s AI tools will produce various five-second clips that can then be used in an ad.
-
Meta’s Future Lies With Judge as FTC Antitrust Trial Ends
Meta's fate against the FTC's antitrust case is now up to a federal judge to decide whether the company should be broken up. If Judge Boasberg sides with the FTC and finds the company illegally monopolised that market, it’s possible Meta could be forced to spin off Instagram, WhatsApp, or both.
-
WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
-
WhatsApp Had No Plans To Compete With Facebook: Co-Founder Brian Acton
WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before he sold the company to Mark Zuckerberg.
-
Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
-
Meta AI 'Godfather' LeCun Yann Announces Exit, Plans New Startup
Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., told employees that he will depart the social media giant at the end of the year and start a new company.
-
Instagram Is Exploring A Dedicated TV App In Video Push
Instagram is exploring building a dedicated TV app as part of a deeper push into video, a move that could get Instagram videos in front of more viewers and also provide more competition for YouTube.
-
Meta Invests $3.5 Billion in Ray-Ban Maker EssilorLuxottica in AI Glasses Push
Facebook parent Meta acquired just under 3 percent of the Ray-Ban maker, a stake worth around €3 billion ($3.5 billion) at market prices, said the people, who asked not to be identified because deliberations are private.
-
Elon Musk's X To Deploy AI To Write Community Notes, Speed Up Fact-Checking
Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network's fact-checking product and expand it to reach more people.
-
Meta Superintelligence Labs: Zuckerberg Announces New Group For AI Projects
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company's artificial intelligence group, including a commitment to developing AI "superintelligence,".
-
TikTok Pushes Deeper Into AI-Generated Video Ads With New Tools
TikTok is rolling out a set of new AI advertising features. With these, marketers will be able to upload an image of a product they want to feature, or write a short text prompt and TikTok’s AI tools will produce various five-second clips that can then be used in an ad.
-
Meta’s Future Lies With Judge as FTC Antitrust Trial Ends
Meta's fate against the FTC's antitrust case is now up to a federal judge to decide whether the company should be broken up. If Judge Boasberg sides with the FTC and finds the company illegally monopolised that market, it’s possible Meta could be forced to spin off Instagram, WhatsApp, or both.
-
WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
-
WhatsApp Had No Plans To Compete With Facebook: Co-Founder Brian Acton
WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before he sold the company to Mark Zuckerberg.
