Metaverse

Meta's Ambitious Leap: Major Investment in AI-Powered Humanoid Robots

1 month ago

In a bold move signaling a commitment to the future of technology, Meta Platforms Inc. has announced plans for a significant investment in the development of AI-powered humanoid robots. This strategic effort aims to integrate advanced artificial intelligence with robotics to reshape user interaction and augment various industries.

Meta Achieves Unprecedented Growth with Record-Breaking $235 Billion Increase in Value

2 months ago

In a remarkable turn of events, Meta Platforms Inc. has solidified its position as a major player in the tech industry by adding an astonishing $235 billion to its market value, marking the longest winning streak in the company's history. This milestone is particularly significant considering the various challenges the tech sector has faced in recent years, including regulatory scrutiny and evolving competition.

Meta's Fourth-Quarter Earnings Showcase Resilience Amid Market Challenges

2 months ago

In a pivotal moment for tech investors, Meta Platforms Inc. released its fourth-quarter earnings report, delivering results that have sparked significant discussions about the company's future direction and market position. As the digital advertising landscape continues to evolve, Meta's latest financial performance offers insights into its ability to adapt and innovate in a competitive environment.

Meta's 2025 Capital Expenditures Set to Exceed Expectations, Warns Zuckerberg

2 months ago

In a recent update that has sent ripples across the tech industry, Meta Platforms Inc.’s CEO Mark Zuckerberg cautioned investors about the potential for higher-than-anticipated capital expenditures for the year 2025. This revelation came during a quarterly earnings call, where Zuckerberg elaborated on the company's ongoing efforts in various sectors, primarily artificial intelligence, virtual reality, and augmented reality.

Meta's Ambitious Plans to Compete in the Wearable Market: A Deep Dive

2 months ago

Meta Platforms has unveiled an exciting new strategy to expand its hardware offerings, aiming to challenge established giants like Apple in the wearable technology sector. The company is reportedly developing a range of innovative products that include augmented reality (AR) glasses and advanced wearable devices that are designed to rival popular items such as the Apple Watch and AirPods. This initiative marks an ambitious shift for Meta, which has primarily focused on social media and digital experiences.

Meta's Challenging Week Signals Volatility Ahead

5 months ago

Meta Platforms Inc., the parent company of Facebook and Instagram, has encountered a series of challenges this week that may suggest a turbulent road lies ahead. The company's recent struggles encompass lowering user engagement metrics, uncertain advertising revenues, and ongoing scrutiny over its metaverse ambitions.

ValueAct Makes Waves with $1 Billion Passive Investment in Meta Platforms

5 months ago

In a significant move within the financial and technology sectors, ValueAct Capital has reportedly acquired a passive stake of $1 billion in Meta Platforms, Inc. This investment marks a notable shift as ValueAct, known for its strategic investments, positions itself in the social media and technology giant, which has faced various challenges in recent years, including regulatory scrutiny and evolving market dynamics.

Meta Faces Developer Exodus to Snap Amid Intensifying Augmented Reality Rivalry

5 months ago

In a notable shift within the tech industry, Meta Platforms Inc. is reportedly losing a significant number of developers to its rival, Snap Inc., as competition in the realm of augmented reality (AR) heats up. This trend is attributed to Snap's innovative approaches and appealing development ecosystem that has begun to attract talent away from Meta's fold.

Meta's Quest for an Audience: A Decade Long Journey with Quest VR Headsets

6 months ago

Meta, the social media giant formerly known as Facebook, presses on with its ten-year effort to make virtual reality mainstream with its Quest headsets. For all the improvements, state-of-the-art technology, and billions that have been invested in it, VR is still a long way from the mass market. And within the tech industry, there are still questions of when-or if-VR will ever reach the mainstream success of Meta's vision.