A record-breaking €1.2 billion ($1.3 billion) punishment was issued by the Data Protection Commission of Ireland against the social networking company, Meta. It is forbidden to send information on European Facebook users to the U.S. This is a serious breach of European Union data privacy laws. Because of Meta’s disregard
Sui will release the SUI token, the native token of its Layer 1 blockchain, when the mainnet goes live on May 3. Ahead of the mainnet launch, the team has unveiled a new development for the growing community. According to the details from the announcement on their official Twitter account,
In an effort to compete with OpenAI and Google’s offerings, tech giant Meta has announced ambitions to begin generating income from its unique generative artificial intelligence firm by the end of 2023. While Meta has been active in the AI sector since at least 2013, this is the first time
The launch of Meta Verified on Instagram and Facebook (Meta) in the United States was announced by CEO Mark Zuckerberg today. As of last month, subscribers in Australia and New Zealand may pay a monthly charge to have their Instagram and Facebook accounts as verified. Monthly fees for Meta Verified
According to a Reuters report, Facebook parent firm Meta plans to lay off another 10,000 workers. Mark Zuckerberg, the CEO, shared the news with employees in a Tuesday email. Just a few months had passed since the company’s first wave of layoffs, during which 11,000 people lost their jobs. Meta,
Just over a year after revealing plans, big Tech firm Meta is now pausing plans to let users share digital collectibles on its Instagram and Facebook platforms. Stephane Kasriel, Meta’s head of commerce and financial services, declared on Twitter on Monday that the closure will allow it to focus on
A number of crypto winters have come and gone, but none have been as severe as the one in 2022. There were widespread asset price declines, corporate closures, hacking, and layoffs. Even though we’ve started a whole New Year, the firing frenzy has continued unabated. Bloomberg reported recently that Meta
After the triumph of ChatGPT, Mark Zuckerberg has launched a new language model for Meta. Both Google’s Bard and OpenAI’s chatbot use extensive language model systems, which are the backbone of any generative AI system. According to CNBC, Meta has trained a system they name LLaMA and plans to reveal
As far as we can tell, a Colombian court created legal history by conducting one of the first judicial proceedings in the nation in the metaverse. The hearing, took place on February 15. And was pushed by Magdalena court judge Mara Victoria Quiones Triana. It employed Horizon Worlds technology offered
The National Basketball Association (NBA) has reached an agreement to stream certain games in the metaverse for free. The firm extended its existing collaboration with Meta on January 23 to continue broadcasting its games utilizing VR (virtual reality) technology. Moreover, Meta’s consumer headgear, the Meta Quest 2, will be utilized
