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The Latest Breaking News from Meta

News Weekly: Google is a monopoly, Meta closes a first-party VR studio, new Google hardware, and more

Google holds an illegal monopoly, according to a judge. Meta also closed a major first-party VR developer studio, Google launched new hardware devices, Garmin makes some useful changes to its store, and California may soon enable digital IDs on Google Wallet.

Android Central

Elon Musk's Archnemesis Mark Zuckerberg Reportedly Called Donald Trump To Say Meta Won't Support Democrats

Elon Musk and Mark Zuckerberg could finally make amends after the Meta CEO called Donald Trump to offer his support amid the upcoming US election.

International Business Times UK

Microsoft plans new mixed-reality VR headset to rival Apple Vision Pro — may run Windows apps via the cloud

A new report claims Microsoft has placed an order for thousands of micro-OLED displays that will be used in a new VR headset by the company as soon as 2026.

Windows Central

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Google and Meta reportedly skirting their own rules to ad target young teens, shows why tech giants cannot regulate themselves

Google and Meta reportedly teamed up to create ads targeting young teens, which proves why tech giants can't be trusted to regulate themselves.

TechRadar

Apple Makes Changes To App Store After EU Warning

Apple on Thursday announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc's landmark new digital rules.

International Business Times

Meta Connect 2024 — Meta Quest 3S, Orion AR glasses, Meta AI and more

Meta Connect is a huge event and the 2024 edition is no exception. Here's a look at what Mark Zuckerberg announced, including Meta Quest 3s, Meta AI news, AI upgrade to Ray-Ban Meta glasses, and the Orion holographic AR glasses prototype.

Tom’s Guide

Meta has reportedly shut down The Order: 1886 developer Ready at Dawn

Meta has shut down Ready at Dawn according to an internal memo.

TechRadar

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Social media companies shouldn’t ‘ride free’ on the backs of traditional media, Albanese says

PM’s comments raise expectation of levy on Meta and social media firms amid stoush over paying for news content

The Guardian - AU

Lone Echo developer Ready at Dawn has reportedly been closed by Meta

Meta acquired the studio in 2020.

PC Gamer

Exclusive: Meta is closing a beloved first-party Quest studio

Oculus Studios is shrinking a bit today as one major studio, Ready at Dawn, is closing its doors due to wider Reality Labs budget cuts.

Android Central

2 Soaring AI Stocks to Pounce On This August

With AI advancing rapidly, these two stocks present significant upside potential in the tech sector.

Barchart

MetaAI digital assistant could feature famous voices if Meta gets its wish

The social media giant Meta is working to buy the rights to use various celebrity voices for AI purposes.

Tom’s Guide

Stock Market Today: Nasdaq, S&P 500 Lead Big Market Bounce

Solid gains for mega-cap stocks Nvidia and Meta Platforms helped the main indexes rebound Tuesday.

Kiplinger

US Stocks Surge As Tech Heavyweights Lead Rebound

US stocks surged on Tuesday with Dow up by 1.9% and S&P 500 by 2.4%. Tech companies like Nvidia and Meta Platforms saw significant gains.

Top News

Big Tech Stocks Experience Significant Declines In Market

Tech giants like Nvidia, Alphabet, Tesla, Meta Platforms, Amazon, Microsoft, and Apple face share price declines amid broader market concerns.

Fortune

Nvidia challenger Groq just raised $640 million for its AI chips. Its college dropout CEO says a viral moment was 'a game changer'

The startup, now worth $2.8 billion, develops chips that specialize in speeding up AI "inference" and offers the compute power through its own AI cloud service.

PC Gamer

A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta.

International Business Times

Turkish President Slams Social Media 'Fascism' Amid Instagram Battle

Turkish President Recep Tayyip Erdogan accused social media networks of "fascism" and censorship on Monday as his government blocked Instagram for a fourth day.

Laptop

Meta looks to bring a much-desired ChatGPT feature to Meta AI

Meta AI is set to receive a celebrity-fronted audio overhaul if negotiations between the Facebook owners and Hollywood talents are successful. Here's who's involved.

Tom’s Guide

Meta’s SAM 2 lets you cut out and highlight anything in a video — here’s how to try it

Meta's new model could be a game-changer for AI-based video workflows. Here's how to try it now.

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