Meta’s No Language Left Behind AI project can now translate 200 different languages. It’s also making it open source for anyone else to use. No Language Left Behind can be applied immediately across existing Meta social platforms. “We’re really hoping the technology we’re developing will make the metaverse inclusive by design.”
The CMA’s decision to intervene and block the merger drew praise from consumer rights group Which.
Reality Labs includes all of Meta’s virtual reality and augmented reality hardware, software and content. The Quest 3 VR headset will start at $499. But Meta still expects to lose more in this segment. Meta leans into AI Meta’s balance sheet was healthy overall, however. Large language models are what power generative AI chatbots, likeOpenAI’s ChatGPTandGoogle’s Bard. Qualcomm is also working with Meta to makeLlama 2 AI implementations available on phones and PCsstarting next year....
Diem, thecryptocurrencyproject backed by Meta CEOMark Zuckerberg, is shutting down. Last week,Bloomberg reportedthat Diem was considering liquidating its assets to return capital to investors. The sale effectively puts an end to the Meta-backed cryptocurrency project. The rest of the funding came from a variety of investors including Uber, Shopify and Union Square Ventures.
It wants Meta to allow people to opt out of having their data combined. In the online world, data is power and Meta has more than most. That doesn’t mean any of them will necessarily get it right first time.
The Giphy purchase will now return to the CMA for further review of its market competition implications. A Meta spokesperson focused on the upheld claim in its response at the time. “We look forward to understanding how these serious process flaws will be addressed. Metabought Giphyfor $400 million in May 2020, and planned to integrate it into its Instagram team. The company declined to comment on Monday’s ruling.
The regulators have until Dec. 1 to make their final decision. The company responded to a request for comment with a statement it gave in August. We will continue to work with the CMA to address the misconception that the deal harms competition."
The scrutiny has been ongoing since last fall, the report said, with multiple Meta employees being questioned. Sandberg reportedly worked alongside employees from Facebook and Activision and outside advisers to pressure the UK publication. Meta didn’t immediately respond to a request for comment.
To clarify, the items Meta is selling aren’t nonfungible tokens. They’re more similar to the skins and animations that you could currently buy in games like Fortnite. The future of work is giving Meta 47.5% of your salary, apparently. Facebook charging 47.5% for every NFT sale is the best thing to ever happen to us. Take, for instance, Sandbox. What metaverses look like, though, is still up in the air....
Meta is rolling out a set of workout accessories for its Quest virtual reality headset. The parent company of Facebook and Instagram announced the new accessory bundle at itsMeta Connectevent Tuesday. The Active Pack is designed to help users keep their VR headsets clean while working out. It includes a wipeable facial interface, wrist straps and adjustable knuckle straps. Meta says they’re designed to give users the best in both comfort and control....
Meta is well aware this isn’t a challenge it can take on alone. Bigger than any of the step changes we’ve seen before." These projects range from satellite internet efforts to laying subsea cables. Now, it’s asking: who will be next?
That’s according toBloomberg’s Mark Gurman, who got a first look at the headset. The headset doesn’t seem to have eye or face tracking features,as speculated.
Facebook parent company Meta said Wednesday that itssecond annual Meta Quest Gaming Showcasewill take place April 20. The event gives fans of the VR headset the latest on new games and more. Start time is set for 10 a.m. PT on Facebook, YouTube, Twitch and Oculus TV. It’ll be hosted by Oculus Studios Executive Producer Ruth Bram.More to come.
