Meta"s stock falls 17% as its quarterly profit is cut in half
Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making "significant changes" aimed at cutting costs ahead of 2023, as it confronts an economic downturn that is hitting its core onl.....»»
Report warns of missed opportunities by police in the fight against economic crime in the UK
Despite soaring levels of economic crime, police forces are not fully utilizing the vast resources and expertise available in the private and not-for-profit sectors, warns a new report......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
What’s next for Apple’s spatial computing journey? It might not involve headsets
Apple unveiled the first spatial computing product back at WWDC23 last June: Apple Vision Pro. It’s been over a year since that unveil, and just over 6 months since they actually shipped the product. Meta recently unveiled their new Orion AR glasse.....»»
Apartment 7A review: This Rosemary’s Baby prequel falls flat
Apartment 7A is an unnecessary Rosemary's Baby prequel that fails to recapture the unsettling magic of its parent film......»»
Meta and Google made AI news this week. Here were the biggest announcements
This week's top AI headlines included: Google built an AI to design computer chips, Meta debuted its conversational AI system, and more......»»
Edmunds" new digital campaign turns to TikTok, YouTube, Meta
Online car shopping guide Edmunds is running a sports-themed fall social media advertising campaign to boost brand awareness and help retailers sell more cars......»»
The rumors are true — the Meta Quest 3 is on sale for $499
Indulge and get lost in the greater world of VR with the Meta Quest 3 (512GB), now on sale at Amazon for $500!.....»»
Meta pays the price for storing hundreds of millions of passwords in plaintext
Company failed to follow one of the most sacrosanct rules for password storage. Enlarge (credit: Getty Images) Officials in Ireland have fined Meta $101 million for storing hundreds of millions of user passwords in plain.....»»
Google and Meta update their AI models amid the rise of “AlphaChip”
News about Gemini updates, Llama 3.2, and Google's new AI-powered chip designer. Enlarge / There's been a lot of AI news this week, and covering it sometimes feels like running through a hall full of danging CRTs, just like this.....»»
Up to 600 million Facebook and Instagram passwords stored in plain text
Meta has been fined €91M ($101M) after it was discovered that to 600 million Facebook and Instagram passwords had been stored in plain text. Some of those passwords had been unprotected since 2012, and were searchable by more than 20,000 Meta em.....»»
As Expected, Sony’s 30th Anniversary PS5 Pro Falls Prey to Scalpers
It's a bit unsurprising at this point. The post As Expected, Sony’s 30th Anniversary PS5 Pro Falls Prey to Scalpers appeared first on Phandroid. We suppose it was only a matter of time – not too long after Sony announced a spec.....»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
Meta’s new AR glasses are what I want for the future of Apple Vision
Meta held a special event on Wednesday to announce updates for its platforms and also some new products. Among all the announcements, there was certainly one that caught all the attention: the Orion project. Orion is not a product coming soon to stor.....»»
Meta Orion is a step toward the future, but Apple Glasses are a few years away
My colleague Filipe Espósito yesterday said that the prototype Meta Orion glasses are what he wants for the future of Apple Vision, and I agree that they are an incredible step in the right direction. I’ve long said that an Apple Glasses produc.....»»
Meta Quest Pro discontinued, adding to price pressure on non-Pro Apple Vision product
The Meta Quest Pro headset has been discontinued, with the company officially bidding goodbye to its most expensive headset while selling off remaining units. This follows an earlier decision to abandon work on an even more expensive Vision Pro compe.....»»
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Under plans that have attracted criticism, shift may give Altman 7% equity in the firm. Enlarge (credit: Benj Edwards / OpenAI) On Wednesday, Reuters reported that OpenAI is working on a plan to restructure its core busi.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Meta rolls out its own version of Advanced Voice Mode at Connect 2024
Meta announced Natural Voice Interactions at its Connect 2024 event. It's a new feature that will allow users to speak directly with the company's chatbot......»»
Meta just unveiled a huge update to its Ray-Ban Smart Glasses
Meta's popular Ray-Ban Smart Glasses are getting new AI abilities that let it handle live translation, remind you where you parked, and more......»»
Meta reveals Orion, its first fully holographic AR glasses and ‘neural interface’
At the end of the Meta Connect keynote, Meta shared an exclusive look at its first fully functioning prototype of "Orion" -- fully holographic AR glasses......»»