Meta is in trouble
A day after weighing in with its third-quarter earnings report, Meta is flailing. The company formerly known as Facebook was in trouble Thursday after uninspiring numbers and an apparent lack …
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Y’all really made Mark Zuckerberg defend himself to investors because of your memes
On today’s quarterly earnings call, Meta founder and CEO Mark Zuckerberg was on the defensive when it comes to the company’s investment in the metaverse. Once again, the company lost …
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Meta will release a new consumer-grade VR headset next year
A follow-up to the Quest 2, Meta is launching another consumer-grade virtual reality headset next year. The company announced this during today’s Q3 earnings call, in which the company marked …
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Meta posts another revenue decline as investors voice metaverse concerns
Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year …
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India’s Wire retracts reports on Meta citing discrepancies
Wire has retracted its reports on Meta after discovering “certain discrepancies” in its news pieces, the Indian outlet said Sunday, marking what should be an end to the high-profile drama …
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Big Tech and industry lobby groups accused in EU transparency complaints
Members of the European Parliament have lodged complaints against three tech giants, Amazon, Google and Meta, with the EU’s Transparency Register — aka, the oversight process that’s intended to track …
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Meta files to dismiss FTC complaint over acquisition of VR fitness company Within
Meta submitted a request to dismiss the Federal Trade Commission’s complaint about its acquisition of Within. The Los Angeles virtual reality firm makes Supernatural, a rhythm game-turned-workout app that, in …
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