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The Latest Breaking News from Meta

The Quest 2 and PSVR 2 are rivals with a symbiotic relationship

Unlike the Microsoft-Sony wars, so far Meta is continuing to put games like Beat Saber on Sony's headset, and the only PSVR 2 exclusives are kept off the Quest by hardware limitations.

Android Central

Value Investing Is Back

Value investing beats growth in the long run, and the best way to participate in value is through funds.

Kiplinger

Letter signed by Elon Musk demanding AI research pause sparks controversy

The statement has been revealed to have false signatures and researchers have condemned its use of their work

The Guardian - US

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Meta pauses posting remote jobs as it braces for more layoffs

Meta has advised managers to stop posting "remote" job listings, but a spokesperson says it's temporary as the company restructures.

Fortune

These reported PSVR 2 sales figures prove that Xbox was right to skip VR

A new report suggests that Sony's PlayStation VR 2 has struggled to reach above 300,000 units, in what comes as something of a vindication for Xbox's ambivalence towards the tech.

Windows Central

PSVR 2 off to a bad start — here’s why you should wait to buy one

Sony’s PSVR 2 is falling far short of expectations and experts think a price reduction is on the horizon. Here’s why you should wait to buy a PSVR 2.

Tom’s Guide

Salesforce and Meta layoffs show good severance packages won't soften the blow

“Just be honest with us.” Layoffs are sometimes inevitable, but workers say transparency and compassion go a long way to softening the blow.

Fortune

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Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

In a bid to convince remote workers to return, Meta brings in ... a DJ?

Sound the horn!

Fortune

Before VR Can Be Game-Changing, It Has to Be Comfortable

VR headset makers like Meta and Bigscreen have tried different tacts to make their hardware more comfortable, but the best option is to make them modular.

Inverse

YouTube, Vizio, Amazon, Peacock, Roku, TikTok and Meta Headline NewFronts

Brief presentations featured Wednesday on IAB Main Stage

Multichannel News

Meta reportedly considering Europe political ads ban

Facebook owner weighing up move amid fears it could struggle to abide by new EU laws, say reports

The Guardian - UK

Your WhatsApp messages could soon self-destruct in an hour

Meta appears to be experimenting with more granularity for its disappearing messages

Evening Standard

Tech giants are cutting back on AI ethics research as Elon Musk calls for a cautious approach

Technologists are calling for a more cautious approach to AI, but some companies are still pushing forward at all costs.

Fortune

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StockNews.com

This Stock Is Outperforming META

The end of the pandemic brought about a reversal in consumer behavior and preference, which became a bane for Meta Platforms, Inc. (META) but a boon for trivago N.V. (TRVG). Continue reading….

The Guardian - UK

Elon Musk joins call for pause in creation of giant AI ‘digital minds’

More than 1,000 artificial intelligence experts urge delay until world can be confident ‘effects will be positive and risks manageable’

Al Jazeera

US says China can spy with TikTok. It spies on world with Google

Lawmakers’ push to ban app comes as they mull extending powers that force tech firms to enable mass snooping for the US.

Fortune

Meta lowers bonuses and increases the number of annual reviews as its 'Year of Efficiency' rolls forward

Cost-cutting continues.

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Fortune

Disney joins Microsoft and Snapchat as latest big-name company to slink away from metaverse ambitions

Companies are moving away from the nascent industry as regulators increasingly scrutinize crypto and the buzz around A.I. rises.

Android Central

Mixed reality on the Quest 3 is an exciting novelty, but not its future

Meta encouraged VR developers to move further into the MR space at GDC 2023. While the tech they showed off was impressive, I still think the Quest 3's biggest draw is its improved VR performance, not its MR games.

Axios

Social media's new pay-for-play rules

Twitter's Elon Musk says only paying subscribers' messages will be featured in the service's main feed.

ABC News

MP pushes to make it easier to take down crime videos on Instagram, TikTok

Helen Bell says she was greeted with videos of young criminals hooning when she went to watch dance videos on TikTok.

ABC News

Shipping container scams on the rise, as ACCC calls on providers like Facebook to act

Kim Ellison had a simple plan for retirement — to get away from the city, somewhere not too expensive but with enough room for family to stay. Scammers got in the way.

The Guardian - AU

Meta slammed over scam ads on Facebook featuring Australian TV personalities

TV networks Seven, Nine and Ten tell Senate inquiry that fake news stories and crypto scam ads featuring stars like David Koch and Karl Stefanovic are causing harm to consumers

The Independent UK

AOC goes viral in first TikTok video – speaking out against the ban of TikTok

‘Do I believe TikTok should be banned? No,’ progressive lawmaker says

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Alexandria OcasioCortez

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