The Competition Commission of India (CCI) imposed a substantial fine of INR2.13 billion (approx. US$25.3 million) on Meta, the parent company of WhatsApp, citing the abuse of its...
President-elect Donald Trump will be sworn in on January 20, 2025. A primary concern in the software sector is the potential tightening of regulations on open-source models and the...
Recently, Meta unveiled its new augmented reality (AR) glasses prototype, Orion, alongside the smart glasses, Ray-Ban Meta, which was developed in collaboration with Ray-Ban. This...
Meta's XR division, Reality Labs, remains unprofitable despite revenue growth, with Quest 3 sales driving a 30% increase in the first quarter and 28% in the second quarter of 2024...
Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment...
Three months ago, Wall Street punished the world's largest technology firms for spending enormous amounts to develop artificial intelligence (AI), only to deliver results that failed...
The Open Compute Project (OCP) Summit, held in San Jose on October 14, drew record crowds of over 7,000 attendees and more than 100 exhibitors, along with over 200 specialized presentations...
Meta Platforms Inc. announced its third-quarter 2024 earnings on October 30, surpassing expectations due to robust ad revenue and AI advancements. As the largest social media company,...
Apple is following in the footsteps of other tech companies, cautiously leveraging AI to boost iPhone sales. However, analysts believe that the declining upgrade rate for wireless...
Meta is developing a search engine to provide conversational answers about current events to users of its AI chatbot on WhatsApp, Instagram, and Facebook.
On October 28, HTC reported its financial results for the third quarter of 2024, highlighting ongoing challenges despite years of investment in AR, VR, and XR technology. Although...
The announcement of the Nobel Prizes in Physics and Chemistry has affirmed Google's long-standing position in advancing AI research. However, with the rise of generative AI, competitors...
AMD is largely regarded as the only firm capable of challenging Nvidia's dominant position in the AI GPU market. AMD recently held its Advancing AI conference in San Francisco, where...
Apple's launch of the Vision Pro mixed-reality headset followed by Meta's introduction of its AR smart glasses prototype Orion has reignited interest in the field. As a result, the...
