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About Meta Platforms Inc - Class A

Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses.
Mark Zuckerberg

1601 Willow Rd
Menlo Park, California 94025-1452
Phone: 16506187714


VR Fail? Meta Will Lay Off Employees In Metaverse Unit On Wednesday
Oct 04, 2023 11:45am

VR Fail? Meta Will Lay Off Employees In Metaverse Unit On Wednesday There was a time during the Covid pandemic when Mark Zuckerberg''s metaverse was supposed to change everything. But with workers returning to the office and the pandemic over, the metaverse has become an epic failure. Meta''s Reality Labs division, working on its virtual reality tech, laid off workers and reduced spending earlier this year in what Zuckerberg has called the "year of efficiency." Reuters reports, citing multiple sources, that Reality Labs'' division focused on creating high-tech chips for virtual reality devices will slash its workforce on Wednesday. Employees found out about the layoffs in an internal work chat on Tuesday. The message said Meta would notify workers about their job status early Wednesday morning, according to the source. Reuters could not determine the number of layoffs in the Facebook Agile Silicon Team, or FAST, unit, which has 600 employees developing custom chips to equip Meta''s VR devices.

Source:Zero Hedge
AI bias tests gloss over a crucial aspect of skin color, Sony research claims
Oct 04, 2023 11:29am

Illustration by Alex Castro / The Verge While the AI industry has focused on making its algorithms less biased based on the lightness or darkness of people’s skin tones, new research from Sony is calling for red and yellow skin hues to also be taken into account. In a paper published last month , authors William Thong and Alice Xiang from Sony AI, as well as Przemyslaw Joniak from the University of Tokyo, put forward a more “multidimensional” measurement of skin color in the hope that it might lead to more diverse and representative AI systems. Researchers have been drawing attention to skin color biases in AI systems for years, including in an important 2018 study from Joy Buolamwini and Timnit Gebru that found AI was more prone to inaccuracies when used on darker-skinned females. In response, companies have stepped up efforts to test how accurately their systems work with a diverse range of skin tones. Google, for example, promoted the introduction of the Monk Skin Tone Scale last year, which uses a 10-point scale to measure a diverse array of skin tones ranging from dark to light.

Source:The Verge
Facebook Messenger''s Unfiltered AI Stickers Are Generating Child Soldiers, Trudeau Buttocks And Other NSFW Stuff
Oct 04, 2023 10:57am

Mark Zuckerberg ''s AI vision for Meta Platforms Inc. (NASDAQ: META ) has a brewing problem – Facebook Messenger ''s AI stickers feature has no filter and is allowing users to generate stickers with questionable inputs and results. What Happened: Facebook Messenger now has AI stickers, allowing users to create personal stickers using prompts. However, this feature does not seem to have any filter and can be used to generate problematic stickers. See Also: Is MrBeast Really Giving Away 10,000 iPhone 15 Pros On TikTok? Here''s What You Need To Know An independent game developer posted several examples of Messenger AI accepting prompts like "Waluigi rifle," “child soldier,” “Trudeau buttocks” and "Pope rifle" to generate them without any filter. Ideally, Messenger should not accept prompts like these which can be misused … Full story available on

Meta reportedly mulling ad-free Facebook and Instagram subscriptions for EU
Oct 04, 2023 10:44am

Following the accelerating trend to charge users for ad-free versions of digital services, Meta is reportedly preparing to charge users in the European Union a US$14 a month fee if they do not agree to allow the tech giant to use their data to deliver targeted advertising. In plans first reported by the Wall Street […]

Source:Digital TV Europe
Meta proposes charging monthly fee for ad-free Instagram and Facebook in Europe
Oct 03, 2023 18:41pm

Meta is considering charging European users for versions of its Instagram and Facebook apps, which are currently free, to comply with European Union regulations. The technology company has proposed charging Instagram and Facebook users in Europe about $13 a month to avoid seeing ads, a source told CBS MoneyWatch. That’s roughly what competitors such as … The post Meta proposes charging monthly fee for ad-free Instagram and Facebook in Europe appeared first on Best News .
Meta could charge Facebook and Instagram users in EU to go ad-free to comply with privacy rules
Oct 03, 2023 18:28pm

Meta plans to give European Facebook and Instagram users the option of paying for ad-free versions as a way to comply with new EU data privacy rules.

Meta said to lay off Reality Labs silicon unit tomorrow
Oct 03, 2023 18:13pm

Justin Sullivan/Getty Images News Meta Platforms (META) is reportedly getting ready to lay off employees in the silicon unit of its Reality Labs division,…

Source:Seeking Alpha
Meta proposes charging $13 a month for ad-free Instagram in Europe
Oct 03, 2023 18:11pm

Meta said it may offer a paid-subscription service to comply with European Union privacy rules restricting personalized ads.

Source:CBS News
Meta Stock, Alphabet Boast This Key Signal Of Stock Market Leadership
Oct 03, 2023 17:46pm

Meta stock, along with tech titan Alphabet, are among the best stocks to watch in the ongoing stock market correction.

Source:Investor''s Business Daily
Pretty Soon, Your VR Headset Will Know Exactly What Your Bedroom Looks Like
Oct 03, 2023 12:00pm

Meta and Apple have zeroed in on mixed reality headsets and augments as their next frontier. But allowing wearables to collect data about their surroundings is going to cause problems.