Meta Set to Announce Strong First-Quarter Earnings Amidst Market Expectations
Meta, the parent company of Facebook, is expected to announce strong first-quarter earnings with significant year-over-year sales growth. Analysts project earnings per share of $4.32, revenue of $36.16 billion, 2.12 billion daily active users, and 3.09 billion monthly active users. CEO Mark Zuckerberg’s focus on efficiency and AI-driven ad business has propelled Meta’s stock value, despite challenges in 2022. Investments in AI models and tools have led to a 26% revenue increase, supported by increased spending from Chinese retailers. Investors are eager to see the impact of innovative advertiser tools and video monetization on Meta’s financial performance.
Ray-Ban Introduces Multimodal AI to Meta Smart Glasses
Discover the latest innovation in wearable technology with Ray-Ban’s Meta Smart Glasses featuring multimodal AI. Explore the practical functionalities of the AI assistant through voice commands, offering seamless user experiences. Despite occasional mistakes, users are enjoying testing the AI’s accuracy in identifying objects, adding fun and engagement to daily activities. This development hints at a brighter future for AI gadgets, setting a new standard in wearable technology.
Meta’s AI Assistant Making Waves in Tech Industry with Latest Advancements
Meta, formerly known as Facebook, is making significant strides in the world of AI with its latest advancements. The Meta AI assistant, integrated across Instagram, WhatsApp, and Facebook, is set to rival other chatbot models like ChatGPT. With the introduction of Llama 3, Meta aims to establish its AI assistant as a top contender in the market, focusing on enhancing user experience and expanding its reach globally.
Meta Introduces AI-Powered Chatbot ‘Meta AI’ on WhatsApp
Meta has launched its new AI-powered chatbot, Meta AI, on WhatsApp, offering features like text and image generation, language translation, and more. The rollout has begun in India and other countries, with wider availability expected soon. Users can interact with Meta AI in group chats by mentioning ‘@Meta AI’ and agreeing to Meta’s AI terms.
Meta Quest 2 Bundles Now Up To $100 Off
Get up to $100 off Meta Quest 2 bundles and accessories, including the Advanced All-In-One Virtual Reality Headset, Elite Strap, and more. Find out why now is the best time to buy and which bundle is the best value for your money. Plus, compare the Meta Quest 2 to the Quest 3 to see which is the right choice for you.
WhatsApp, Instagram, and Facebook Experience Major Outage
WhatsApp, Instagram, and Facebook experienced a major outage, leaving thousands of users unable to access the popular social media platforms. Meta, the parent company of the three social media platforms, acknowledged the issues and assured users that they were working to resolve the disruptions. The outage, which began around 19:00 BST, resulted in approximately 82,000 issues with WhatsApp, 3,700 outages on Instagram, and 1,840 reported issues on Facebook.
Controversial Emails from Mark Zuckerberg Highlight Impact of Leadership Communication on Workplace Culture
The recent Meta lawsuit has brought to light controversial emails from Mark Zuckerberg directing Facebook employees to track encrypted user analytics from Snapchat. Experts weigh in on the potential impact of such leadership communication on workplace culture and employee well-being.
Facebook’s Poke Feature Makes a Comeback, Gains Popularity Among Gen Z Users
Facebook has brought back the Poke feature, and it’s gaining popularity among Gen Z users. Meta reported a 13 times surge in Pokes after making the button more visible. Over 50% of the new Pokes are from users aged 18 to 29, indicating strong interest from younger demographics.
Meta Quest 3 Leaks Spark Speculation
Rumors of a cheaper Meta Quest 3, possibly called the Meta Quest 3s or Meta Quest 3 Lite, have surfaced but are being questioned for authenticity. Leaks suggest a design similar to the Oculus Quest 2, but with concerns about missing features such as RGB cameras and a depth sensor. Uncertainty surrounds the details of these leaks, raising doubts about their accuracy.
EU Antitrust Chief Raises Concerns Over Apple’s Core Technology Fee and Security Warnings
Apple’s Core Technology Fee and security warnings about alternative app stores are raising concerns and may come under scrutiny by the EU’s antitrust chief. The fee, which requires developers to pay Apple a fee of 50 Euro cents per install per year, is facing criticism for potentially bankrupting indie developers. Additionally, Apple’s security warnings about third-party app stores have raised concerns about the company’s practices and could lead to further investigations.