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, Qualcomm sign pact on custom virtual reality chips
Meta Platforms Inc (META.O) signed an agreement to have chip-maker Qualcomm Inc (QCOM.O) produce custom chipsets for its Quest virtual reality (VR) devices, the companies announced at a consumer electronics conference in Berlin on Friday.
Google yet to sign up to Indonesia’s new licensing rules – ministry
Google was among the last remaining tech platforms yet to comply with Indonesia’s new licensing rules on Wednesday, ministry data showed, as a deadline loomed which may see their services temporarily blocked in the country.
Meta units agree to Indonesia tech licensing rules amid blocking threat
Meta Platforms Inc’s (META.O) Facebook, Instagram and WhatsApp have signed up to Indonesia’s new licensing rules for tech firms, government records showed on Tuesday, a day ahead of a deadline to comply or risk being blocked.
Microsoft cuts Russia operations due to Ukraine invasion – Bloomberg News
Microsoft Corp (MSFT.O) is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported on Wednesday.
EU acted like a fishing trawler in antitrust data searches, Meta lawyer says
Meta Platforms Inc (FB.O) on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook’s data and online marketplace.
Exclusive: Facebook-owner Meta tells hardware staffers to prepare for cutbacks
Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a unit at the center of the company’s strategy to refocus on hardware products and the “metaverse,” a spokesperson confirmed to Reuters on Wednesday.
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.
