Meta (Facebook), Microsoft, and other tech giants have formed the Metaverse Standards Forum to foster development of industry standards for the (as yet undefined) metaverse. Most of the big players are founding members, with some notable exceptions such as Apple, Roblox, Niantic, The Sandbox, and Decentraland. Continue Reading →
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The Competition and Transparency in Digital Advertising Act was introduced Thursday by a group of key senators on the Judiciary subcommittee on antitrust: the ranking member and chair, Sens. Mike Lee, R-Utah, and Amy Klobuchar, D-Minn., as well as Sens. Ted Cruz, R-Texas, and Richard Blumenthal, D-Conn. If passed, the bipartisan bill would force Google to break up its ad business. Continue Reading →
Meta (the company formerly known as Facebook) is thinking about creating its own virtual currency. Some reporters (and anonymous company sources) say it is unlikely to be a cryptocurrency. That seems naive. No matter how they create Zuck Bucks, if it has a value inside of the Zuckerverse, it will have a value outside of the Zuckerverse. Continue Reading →
Russia has begun enacted what many are calling a "digital iron curtain" by banning platforms like Facebook and Instagram. Shelly Palmer talks with Dan Bowens and Raegan Medgie about what's happening and how Russian citizens are trying to circumvent it. Continue Reading →
As the Russian invasion of Ukraine intensifies, major tech companies like Google and Facebook are taking action against Russia. Shelly Palmer talks with Raegan Medgie and Dan Bowens on Fox 5's Good Day New York about the steps Big Tech is taking -- and the impact on people around the globe. Continue Reading →
Mark Zuckerberg wants to build an AI universal translator for Meta: "This is going to be especially important when people begin teleporting across virtual worlds and experiencing things with people from different backgrounds.” He's right, of course. Continue Reading →
Let the games begin! Continue Reading →
Meta announced "Personal Boundary" for Horizon Worlds and Horizon Venues, which "prevents avatars from coming within a set distance of each other, creating more personal space for people and making it easier to avoid unwanted interactions." Continue Reading →
Facebook's power is a direct result of the network effect. Each user's utility of Facebook increases as the number of users increases. (Said simply, the more the merrier.) Continue Reading →
Silvergate Exchange Network (a subsidiary of Silvergate Capital) confirmed it was buying assets and intellectual property from Mark Zuckerberg's Diem Group and hopes to launch a stablecoin by the end of the year. Continue Reading →