At the World Economic Forum in Davos, Meta’s chief product officer, Chris Cox, said that the metaverse would one day become as "important as the smartphone." Continue Reading →
Meta
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Seattle’s public schools district has filed a lawsuit against TikTok, Facebook, Instagram, Snapchat, and YouTube, accusing them of creating a “mental health crisis among America’s youth.” Continue Reading →
CNN obtained an internal memo to Meta's (formerly Facebook's) content moderation team that noted that “political speech is ineligible for fact-checking. This includes the words a politician says as well as photo, video, or other content that is clearly labeled as created by the politician or their campaign.” The memo was in direct response to requests for guidance from Meta's internal and external fact checkers. Continue Reading →
Instagram has been rolling out support for NFTs minted on Ethereum and Polygon since May 2022. The company just announced that support for the Flow blockchain is now rolling out in 100 countries, and Instagram expects to support the Solana blockchain soon. Continue Reading →
For non-Big Tech businesses, when you want to do proprietary market research about a product or service, you go through a process. You start with a testable hypothesis, then you design an experiment to test your idea(s). That's followed by the selection of target personas, identification of the pool of potential research subjects, etc. For most of us, this is a well-established, time-consuming, resource-intensive process.
That's not the case for Instagram. Continue Reading →
Meta (the company formerly known as Facebook) has confirmed that it is inflating the price of Quest 2 VR headsets by $100 on August 1. As far as I can tell, you can still find both models at the lower prices, but time is running out and the price to enter the observable Zuckerverse will soon inflate. Continue Reading →
Okay, this is admittedly a clickbait headline, but I can't find anyone (other than Mark Zuckerberg and people who work at Facebook) that has anything nice to say about Facebook's redesign. Continue Reading →
When government regulators scared Facebook out of its Libra/Diem cryptocurrency project a while back, I didn't think too much about it. The original project was ambitious. Libra was designed to be a stablecoin and was backed by deposits of real cash to be contributed to the Libra Association, a supporting plutocracy with a membership fee of $10 million. Founding members got an option to become validator node operators, a vote on the Libra Council, and could earn interest on their investment. Continue Reading →
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 →
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 →