Analysis: From Meta to Microsoft, AI’s big moment is here

This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped technology, which until recently existed more in the background than as a solid contributor to the bottom line.
Meta has announced the launch of a universal AI-based translation software!

Meta is planning to launch an AI-based revolutionary effort to develop translation software for its users
Global tech stocks stage tentative recovery after Meta rout

Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon (.AMZN) convinced traders not to give up on a sector weakened by a global monetary tightening cycle and the historic crash of Facebook owner Meta.
The New Masters: How auction houses are chasing crypto millions

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that his auction house would one day offer virtual apes to a crypto company for over $1 million.
Who’s building the metaverse?

Facebook (FB.O) changed its name last week to Meta Platforms Inc to signal its focus on the metaverse, which it thinks will be the successor to the mobile internet.
The Facebook outage is dry run for worse web crashes

NEW YORK, Oct 4 (Reuters Breakingviews) – Mark Zuckerberg can’t catch a break lately. The Facebook (FB.O) boss wants to turn the two-dimensional internet into a metaverse where “instead of just viewing content, you are in it,” according to an interview with the Verge. But hot on the heels of an exposé of some uncomfortable internal documents provided by […]
Interruption of Facebook, Whatsapp, and Instagram; Zuckerberg loses $6 billion in 6 hours!

On October 4th, billions of people around the world had trouble logging into their Facebook accounts. Several users took to Twitter to see if the problem was with their network or if the Facebook-owned apps had truly gone down. It took nearly 6 hours for access to its social media platforms, including Instagram and WhatsApp, […]
Facebook’s slowdown warning hangs over strong ad sales, while Zuckerberg talks ‘metaverse’

Facebook Inc (FB.O) said on Wednesday it expects revenue growth to “decelerate significantly,” sending the social media giant’s shares down 3.5% in extended trading even as it reported strong ad sales.