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.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
