Oculus’ Rift prototype felt like just such a device when it first crossed my radar more than a decade ago.
“After games, we’re going to make Oculus a platform for many other experiences.
Should anyone doubt the company’s commitment to the concept, it rebranded itself as “Meta”, killing off the Oculus brand the same afternoon.
In spite of the $500 billion rebrand, Zuckerberg and co. never did a particularly good job defining the metaverse.
That’s roughly 21x the price it paid for Oculus, not adjusting for inflation.
Byju’s is holding an extraordinary general meeting Friday, where it will attempt to pass the resolution over the rights issue.
The rights issue values Byju’s under $250 million, a stunning drop from the $22 billion valuation it carried in early 2022.
Prosus Ventures, Peak XV Partners and Chan Zuckerberg Initiative are among the investors who didn’t participate in Byju’s recent $200 million rights issue.
The investors have instead sought, using legal means, to remove Raveendran and his family from the startup and to invalidate the rights issue.
The investors quit the startup’s board whereas the global auditing giant Deloitte dropped the account of Byju’s over these concerns last year.
Zuckerberg reportedly met Samsung’s executives, including Samsung executive chairman Jay Y. Lee, Wednesday night to discuss potential collaborations around AI chips, semiconductors, and extended reality.
Nvidia continues to dominate the global market for AI chips, leaving a big opportunity for countries that have traditionally been strong in processors or reignite their innovation instincts.
To that end, the social media giant has been ramping up its efforts to secure AI chips, and has been working on its own in-house AI chip, Artemis, for its data centers.
Big tech companies like Microsoft, OpenAI, Amazon, and Google have equally been scrambling for AI chips to support their AI ambitions.
Just yesterday, Zuckerberg met LG Electronics CEO William Cho in Seoul during his tour of Asia.
Threads is finally available to users in the EUFive months after its launch in July, Meta’s social network Threads is now finally available to people living in the European Union.
At launch, the company restricted access to the new social network in the EU to become compliant with various rules of the bloc.
In July, days after Threads’ launch, Meta had to take “additional” steps to prevent EU-based users from using a VPN to access the social network.
The official launch comes after the Wall Street Journal’s report last month indicated that Meta planned to launch Threads in the EU in December.
The social network’s launch in the EU will help the company cross that mark.
Mark Zuckerberg said today that Meta has started testing a feature to show Threads posts on Mastodon and other AcitivityPub protocol supported networks.
“Making Threads interoperable will give people more choice over how they interact and it will help content reach more people.
I’m pretty optimistic about this,” Zuckerberg said in a post.
Developing…
The Senators argue that giving teens access to Meta’s VR platform before they are ready could harm their development and put them at risk of physical and psychological harm. They…
