Facebook became Meta late last year and is now reporting results for the first time under the new name, which is a nod to its push into the metaverse.

Posted in r/technology by u/FK_919 • 126 points and 20 comments

A metaverse pivot isn’t going to fix the social network’s main problems: slowing user and ad growth

Those losses for 2021 are in line with what Zuckerberg said last year he expected to invest in Reality Labs.

Facebook lost nearly $200 billion in value because while his head was in the metaverse, his company was being eaten alive in the real world.

Apple's privacy feature disrupts the behind-the-scenes mechanics of many mobile ads, especially those that confirm whether a purchase or download was made.

Newly renamed Meta is investing heavily in its futuristic “metaverse” project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got spooked…

Apple urged U.S. lawmakers to reject an antitrust bill in the US Senate that would allow users to install apps outside the App Store.

Microsoft scrapped plans for what would have been the HoloLens 3 augmented-reality goggles, as employees depart for rivals like Meta.

Facebook has said measures being taken by Apple on iOS that make it harder for platforms and apps to track users across other apps and websites will...

The platform holder says it's continuing to prioritise organic growth…

In its fourth-quarter earnings Wednesday, Meta said Facebook user numbers were down for the first time, as its metaverse business lost $10 billion.

Stock in Facebook's parent company Meta plummeted 22% in premarket trading following its Q4 earnings.

Reputation firms like Eliminalia use legal threats and copyright notices to have material taken down around the world.

A new report notes that since Apple announced privacy changes to iOS 14 last year, Meta, Snap, Pinterest, and Twitter have had $278 billion in market value wiped from their books.

The technology giant's owner Meta said platforms like TikTok were hurting its growth.

FB stock plunged as the social media giant reported fourth-quarter results late Wednesday that fell below estimates.

Apple introduced a feature to stop apps from tracking you, and Facebook says it's going to cost the social media giant $10 billion this year in lost ad revenue.

Amazon will hike the price of a Prime membership in the U.S., with the annual membership going up from $119 to $139.

"If they don't see we have teeth, it's just going to keep coming," the American hacker said.

Dubbed the Quark, the motor weighs just 63 pounds.