Meta Plans to Outsource VR Hardware Development to Boost Profits — Is It Time to Buy the Stock?

Meta Plans to Outsource VR Hardware Development to Boost Profits — Is It Time to Buy the Stock?

Last year is often billed as Meta Platforms (NASDAQ: META) co-founder and CEO Mark Zuckerberg’s “year of efficiency.” Indeed, it should be billed as such. Meta earnings soared as the company cut expenses and started putting its AI to use to boost productivity (especially for social media ads), and thus earnings. META Revenue (TTM) Chart …

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Apple pulls social media giant Meta’s WhatsApp and Threads services from China App Store amid country’s tightened internet regulation

Apple pulls social media giant Meta’s WhatsApp and Threads services from China App Store amid country’s tightened internet regulation

All traces of WhatsApp – the world’s most popular messaging app, with more than 2 billion monthly active users in 2023 – and Threads, which has soared in popularity on the mainland since its launch last July, are now gone from the domestic App Store, according to a search by the Post on Friday. Chinese …

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Meta Trades at a Discount to Magnificent Seven After $1 Trillion AI Rally

Meta Trades at a Discount to Magnificent Seven After  Trillion AI Rally

(Bloomberg) — Meta Platforms Inc.’s record-breaking, artificial intelligence-fueled rally has added $1 trillion in market value since its darkest days of 2022, and yet by some perspectives it’s still trading at a discount. Most Read from Bloomberg Its shares traded at 24 times estimated earnings early Wednesday, roughly in line with their 10-year average and …

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Everything you need to know about VR headsets

Everything you need to know about VR headsets

Are we there yet? Virtual reality headsets are quietly revolutionizing business and healthcare. They’ve been used to teach KFC staff to fry chicken, prepare UPS drivers for road hazards, and train astronauts for outer space. In healthcare, they’re used for pain management by veterans and kids with cancer. And these are only a few examples. …

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Meta’s smart glasses will get AI update

Meta’s smart glasses will get AI update

Woman wearing Ray-Ban Meta Smart Glasses during Miami Art Week on December 9, 2023Photo: Arturo Holmes/Getty Images for Meta (Getty Images) Meta is giving its Ray-Ban collaboration smart glasses an upgrade next month that will have users talking to their specs. Is Bitcoin a good speculative investment? The Ray-Ban Meta glasses, which have features including …

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The Greatest App of All Time Day 17: Instagram vs. WhatsApp

The Greatest App of All Time Day 17: Instagram vs. WhatsApp

Welcome back to Gizmodo’s March Madness bracket challenge to name the greatest app of all time! Yesterday’s tournament was a bloodbath with Calculator taking more than 87 percent of the vote. Twitch goes home empty-handed. Today, we have the crown jewels of Zuckerberg’s empire going head-to-head. If you’re just tuning in, you can read all …

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