Tag: Meta

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Meta rolls out monetization for Nigerian, Ghanaian creators

Social media giant, Meta has announced that content creators from Nigeria and Ghana can now start earning money on Facebook from Monday, July 1, 2024. The company has introduced two new monetization features to facilitate this: In-Stream Ads on Facebook and Facebook Ads on Reels. According to Meta’s statement, these features will allow creators to […]

Apple to evade EU fine with changes to browser options
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Apple denies talks with Meta over AI partnership

Apple has declined proposals from Meta to integrate Meta’s AI chatbot into the iPhone, Bloomberg News reported on Monday. According to the report, the two companies engaged in brief discussions in March but are no longer in talks for an AI partnership involving Meta’s Llama chatbot. These discussions never reached a formal stage, and Apple […]

Apple sued for 'false advert' over AI features delay
Tech

Apple, Meta holds talk over AI partnership

Alex Omenye Apple is actively seeking partnerships to enhance its recently announced Apple Intelligence with generative AI capabilities. According to a report by the Wall Street Journal, Apple has held discussions with Meta regarding the potential use of Meta’s generative AI model. Similar talks have reportedly been held with startups Anthropic and Perplexity. However, as […]

Tech billionaires lose $34.4bn amid market sharp decline
Tech

Meta reduces office space in Lagos amid global layoffs

The parent company of Facebook, Instagram, and WhatsApp, Meta, is downsizing its office space in Lagos following significant global layoffs in mid-2023 that impacted its Nigerian team. TechCabal reported that at least 35 employees were affected, including the entire engineering team, which had 24 members according to a 2022 report. A Meta spokesperson started that […]

Meta tests “Community Notes” in US, drops professional fact-checkers
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Meta discovers networks behind deceptive AI content

Meta reported on Wednesday that it discovered “likely AI-generated” content being used deceptively on its Facebook and Instagram platforms. This included comments praising Israel’s handling of the Gaza conflict, posted beneath content from global news organizations and U.S. lawmakers. According to Meta’s quarterly security report, the accounts responsible for this content posed as Jewish students, […]

Meta tests in-house AI chip to reduce reliance on Nvidia
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Meta explores AI-assisted earbuds with cameras

Meta, the parent company of Facebook, is currently exploring the development of innovative earphones integrated with artificial intelligence capabilities and cameras. This revelation surfaced in a report by The Information on Monday, shedding light on Meta’s ambitious venture into the realm of wearable technology. The projcet, dubbed “Camerabuds,” represents Meta’s concerted effort to capitalize on […]

Meta tests “Community Notes” in US, drops professional fact-checkers
News

Meta expands paid verification service for businesses

Meta, the parent company of Facebook and Instagram, is broadening its paid verification service for businesses, introducing three new tiers to the program that offer additional benefits to companies willing to invest in a monthly subscription. This expansion comes after Meta initially introduced the service, known as Meta Verified, to businesses last autumn, following the […]

OpenAI, Meta in talks with Reliance for AI expansion in India
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Meta tests cross-posting from Instagram to Threads

The parent company of Instagram, Meta, is trying a novel method to enhance engagement on Threads, its messaging app. This experiment involves allowing users to cross-post photos from Instagram directly to Threads, a feature aimed at fostering greater connectivity between the two platforms. Confirmation of the trial came from Meta after a few Threads users […]

Tech billionaires lose $34.4bn amid market sharp decline
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Meta CEO Zuckerberg loses $18bn as stock decline

The latest quarterly earnings call for Meta, led by CEO Mark Zuckerberg, resulted in a seismic shift in the tech mogul’s net worth. A jaw-dropping loss of $18 billion ensued as Meta’s stock took a sharp nosedive in the aftermath of the call. Despite Meta exceeding revenue and profit expectations, investor confidence faltered as the […]

Tech billionaires lose $34.4bn amid market sharp decline
Tech

Threads tests new feature as monthly users pass 150m

The founder of Meta, Mark Zuckerberg, has said that Threads, a social networking app that is competing with X, formerly Twitter, has reached 150 million monthly active users, up from 130 million in February. This was disclosed by Zuckerberg while Speaking on Wednesday, April 24, during Meta’s Q1 2024 earnings call, according to Znet. Zuckerberg […]

OpenAI, Meta in talks with Reliance for AI expansion in India
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Terrorism: Meta spokesperson bags six years imprisonment by Russian court

A military court in Moscow has sentenced Meta spokesperson Andy Stone to six years in prison for “publicly defending terrorism,” in absentia. Meta, according to RIA news agency was categorized as an extremist organization in Russia, and has had its Facebook and Instagram platforms banned in the country since 2022, following Russia’s invasion of Ukraine. […]

Meta cuts prices for VR headset second time in 2024
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Meta cuts prices for VR headset second time in 2024

Meta has slashed the price of its Quest 2 VR headset for the second time this year, marking a permanent reduction. The base model, boasting 128GB of storage, now retails at $199, down from its previous price of $249. Prior to January 2, the headset was priced at $299. This price adjustment coincides with Meta’s […]