Meta introduced a new line of smart glasses priced at $299, which is at least $80 cheaper than its previous entry-level second-generation Meta Ray-Ban glasses. These glasses feature new designs without Ray-Ban or Oakley branding but include a camera and personal speakers, allowing users to interact with Meta's AI for translation, recognition, and capturing photos or videos. Meta aims to dominate the smart glasses market, which it leads alongside EssilorLuxottica, and sees this as a step toward more advanced AR devices with built-in displays. Competition is increasing with companies like Google and Snap entering the space, but Meta remains focused on establishing a hardware platform for the AI era.
The 'Magnificent Seven' group of Big Tech stocks, including Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia, entered correction territory as concerns over rising AI spending and persistent inflation impact their valuations. The Roundhill ...
Meta, led by Mark Zuckerberg, is developing a new prediction market app named Arena, which will operate independently from its social media platforms. Unlike typical prediction markets involving real money, Arena will initially function as a game whe...
Meta, led by Mark Zuckerberg, is quietly building a standalone prediction markets app called "Arena" that lets users predict outcomes in sports, politics, and news events using a points system. Unlike existing platforms that use real money, Arena wil...
The European Union is close to issuing preliminary findings in its investigation of Meta, alleging that Facebook and Instagram are intentionally designed to be addictive to children. The probe, under the EU's Digital Services Act, could lead to fines...
Meta CEO Mark Zuckerberg has directed a team to develop a new prediction market app named "Arena," aiming to compete with existing platforms like Polymarket and Kalshi. The app will initially allow users to place bets using video game points instead ...
