Meta

Meta CEO Mark Zuckerberg has criticized Apple's pricing strategy by claiming that the tech giant typically "charges as much as it can" for hardware, whereas Meta will take a different approach by selling products like its new $1500 AR/VR headset at a "break even" price point, or in some cases even a loss (via Business Insider). In a podcast interview following the launch of Meta's new "Quest ...

Meta CEO Mark Zuckerberg today announced the launch of the Meta Quest Pro, a new $1500 mixed reality headset that's aimed at "making the metaverse a reality." The Meta Quest Pro has several features that are rumored for Apple's AR/VR headset, which we are expecting to see launch next year. The mixed reality headset incorporates both augmented and virtual reality, and it is equipped with...

Meta is facing a new proposed class action lawsuit that accuses it of tracking and collecting the personal data of iPhone users, despite features and policies made by Apple which are meant to stop that same type of tracking. In August, it was revealed that with the Facebook and Instagram apps, Meta can track all of a user's key taps, keyboard inputs, and more, when using the in-app browser....

Meta is in a "very deep, philosophical competition" with Apple over the future of technology and the metaverse, the social network's CEO Mark Zuckerberg told employees in an internal meeting last month, reported by The Verge. It's no secret Meta and Apple have been competitors for several years, with the rivalry ramping up in recent years over privacy and the different approaches to user...

Facebook parent company Meta today announced that it is raising the price of its Meta Quest 2 virtual reality headsets by $100, making the 128GB version $400 and the 256GB version $500. The price change is set to go into effect on August 1. Meta is adding no new features to the Quest 2 to justify the price increase, and the company says that it is adjusting the price in order to "continue...

Apple is not among the founding members of a new "metaverse" standards body that includes Meta, Microsoft, Sony, Epic Games, Nvidia, Adobe, and others (via Reuters). Announced in a press release, "the Metaverse Standards Forum brings together companies and standards organizations to foster alignment on requirements and priorities for metaverse interoperability standards, and accelerate their ...

Meta, still better known as Facebook, plans to hire fewer new employees for the remainder of 2022 than previously planned, the company's chief financial officer, David Wehner, said in an internal memo obtained by Business Insider that partly blamed Apple. In the letter to Meta employees, Wehner said that the company needs to "take another look at our priorities and make some tough decisions...

Apple has responded to Meta's plan to take a nearly 50% commission for digital asset purchases made inside the metaverse after complaining about fees in the App Store, calling the decision hypocritical. Yesterday, it was revealed that Meta, more commonly known as Facebook, plans to take a steep 47.5% commission for digital asset purchases made inside the so-called "metaverse." The 47.5%...

Mark Zuckerberg wants to make Meta's forthcoming AR glasses an "iPhone moment" that will cast him and the company in a new light, according to a former employee who worked on the project. The comment was made to The Verge for a report outlining Meta's roadmap for AR glasses, which includes at least four different versions to be launched over the next six years. According to the report,...

Meta, better known as Facebook, plans to take a nearly 50% commission on digital asset purchases made inside the "metaverse," the company has revealed, months after it had complained about the maximum 30% cut that Apple takes for purchases through the App Store. This week, Meta announced new ways it's allowing creators to monetize and earn money from the "metaverse." One way it's enabling...

Facebook parent company Meta today announced an upcoming fitness update for the Oculus Quest 2, which will allow fitness data captured during VR workouts to be integrated with the Apple Health app. Right now, when people exercise with interactive games like Liteboxer, Beat Saber, or Dance Central using the Oculus Quest 2, the data can only be viewed on the Oculus Mobile app on the headset...

Some Meta employees are being aggressively pushed to apply for other jobs at the company and embrace the recent drive toward augmented reality (AR) and virtual reality (VR), while others are choosing to defect to competitors such as Apple, The New York Times reports. Since Facebook rebranded as Meta and lauded the future of the "metaverse," the company is said to have undergone a sweeping...

The British Government is reportedly preparing a publicity attack on end-to-end encryption in an effort to mobilize public opinion against the technology by framing it as a child safety issue, with its main aim being to derail Facebook's plan to end-to-end encrypt its Messenger platform. According to Rolling Stone, the Home Office has hired the M&C Saatchi advertising agency to plan the...

Meta has stopped developing its scratch-built operating system for augmented-reality (AR) and virtual-reality (VR) devices, according to The Information. In a paywalled report published earlier today, The Information claims that Meta stopped the development of its operating system designed for Oculus virtual-reality devices and the company's upcoming augmented-reality glasses in November...

Facebook, now rebranded to Meta, is looking to open physical retail stores where customers will be able to experience the wide range of products it has to offer, such as Oculus headsets, in a "welcoming" and "judgment-free" experience, according to a new report from The New York Times. The report says that Facebook executives began floating the idea of a physical retail store last year, but...

Meta, the company formerly known as Facebook, has been working on a smart watch designed to compete with the Apple Watch since early this year, and now Bloomberg has obtained pictures of the device. The smart watch has a design that's not too far off from the Apple Watch, but it is wider and rounder with more curved edges. There is a camera at the bottom of the display, along with a control...