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— - 2 Zuckerberg's - 2 Zuckerberg - 2 Meta execs - 2 Adam Mosseri - 2 Elon Musk - 2 It's - 1 we're - 1
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Search resuls for: "Meta execs"


9 mentions found


☆ Meta is hoping Apple's Vision Pro can help save the metaverse
  + stars: | 2024-01-30 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +3 min
Meta is feeling good about Apple's entry into the virtual reality market. The iPhone maker is preparing to launch its mixed-reality headset, the Vision Pro, later this week. The price for Apple's latest offering has raised eyebrows with those already using the metaverse. It's not the first time Apple's new product has been linked to the rival tech company. Some commentators have theorized that Apple's headset is a form of insurance against Meta.
Persons: —, Zuckerberg's, Zuckerberg Organizations: Meta, Street Journal, Service, Vision, Wall Street, Financial Times, Bloomberg, Apple, Labs, Reality Labs, Business
☆ Turns out, Meta's Threads is good for breaking news
  + stars: | 2023-11-20 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +4 min
Threads was a great place to get news on the OpenAI drama over the weekend. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Then, the biggest recent breaking news story in tech and business unfolded over the weekend with Sam Altman's shocking exit from OpenAI. It was the perfect test to see if Threads was up for a breaking news event. She also posted the same stuff to Threads, but as she pointed out — ironically — Threads doesn't "thread" posts properly, making a continuing story confusing to follow.
Persons: Meta execs, It's, —, Instagram, Adam Mosseri, we're, Sam Altman's, Altman, Satya Nadella, Marissa Mayer, Kara Swisher, Swisher, Elon Musk, — Steve Liesman Organizations: Service, Meta, Twitter, Microsoft, Veteran, Elon, Disney, Apple Locations: OpenAI
☆ Inside Bob Iger's Disney contract extension: a CEO moving to protect his legacy and get succession right this time
  + stars: | 2023-07-13 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com   time to read: +5 min
Disney extended CEO Bob Iger's contract for 2 years, through the end of 2026. Company watchers won't be shocked by the move, since Iger extended his previous tenure in the role many times. Insiders said he wants to protect his legacy and stabilize the business, especially after the exit of its CFO. Disney just extended Bob Iger's contract for two more years, through 2026, the company announced today. Iger pledged at the time to prioritize finding a successor, but he has extended his contract before — four times during his first 15-year tenure.
Persons: Bob Iger's, Iger, Bob Chapek, Dave Heger, Edward Jones, Heger, Christian Knaebel, Christine McCarthy, Disney, — here's, Chapek, Jay Rasulo, Kevin Mayer, Tom Staggs, Dana Walden, Alan Bergman, Iger's reorg, Dana, who's, Bergman, Walden, Meta execs Sheryl Sandberg, Carolyn Everson, Josh D'Amaro, Jimmy Pitaro, Adam Silver, Silver, Andrew Wilson Organizations: Disney, Hollywood, Writers Guild of America, SAG, Longtime, Disney Entertainment, Pixar, ESPN, National Basketball Association, EA Locations: Iger
☆ The new Instagram Threads app was briefly accessible from desktop. Here's what the Twitter rival looks like.
  + stars: | 2023-07-05 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com   time to read: +4 min
Meta's new Twitter rival Threads was accessible from desktop for a few hours on Wednesday. The launch for the app is set for July 6, but profiles were visible on browser before Meta shut down access. Instagram's new Threads app was briefly visible from desktop on Wednesday, before Meta limited access. Rumors about the app have been swirling for months, and the app appeared on app stores over the weekend, as well as for "pre-download" starting July 3. Zuckerberg's first post on the Threads platform reads: "Let's do this.
Persons: Mark Zuckerberg, Adam Mosseri, Elon Musk, Zuckerberg's, Sydney Bradley Mosseri, We're, Meta execs, Marcos Mion, Alok, Becky Excell, Instagram Organizations: Meta, Twitter, Sydney, ActivityPub, Netflix, influencers Locations: Brazil
☆ Mark Zuckerberg says he is absolutely not abandoning the metaverse as company division loses $4 billion
  + stars: | 2023-04-27 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Mark Zuckerberg denied that Meta was pivoting its focus from the metaverse to AI. "We've been focusing on both AI and the Metaverse for years now, and we will continue to focus on both," he said. The division that houses Meta's AR and VR projects posted a $4 billion loss in the first quarter. Meta CEO Mark Zuckerberg says he isn't abandoning the metaverse, even as the division of the company that manages its virtual and augmented reality projects lost $4 billion in the first quarter. "A narrative has developed that we're somehow moving away from focusing on the metaverse vision," Zuckerberg told investors on Wednesday.
☆ Mark Zuckerberg and other top Meta execs are spending most of their time on AI, the company's CTO says
  + stars: | 2023-04-06 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
Andrew Bosworth told Nikkei Asia that the company had been investing in AI for more than a decade. Meta's new generative AI team was very busy, he added. Bosworth told Nikkei Asia that Meta had been investing in AI for more than a decade. He called the demands expressed in an open letter for a pause on advanced AI development "unrealistic." "I think it's very important to invest in responsible development," Bosworth told the outlet, "and we do that kind of investment all the time.
☆ Ex-Instagram Employee on Why Creator Views Might Be Down Recently
  + stars: | 2023-01-23 | by ( Sydney Bradley | ) www.businessinsider.com   time to read: +4 min
A new podcast hosted by a former Instagram employee answers creators' burning questions. One former Instagram employee recently tried to spell out why some creators may have experienced slumps in views. In a new podcast, former Instagram staffer Jon Youshaei fields questions from creators in a segment called "Creator Office Hours." That means more competition for creators' content being seen, Youshaei said. That means more competition for creators' content being seen, Youshaei said.
☆ Meta has pumped $36 billion into its metaverse and VR businesses since 2019. These 4 charts show the scale of its extreme spending — and huge losses.
  + stars: | 2022-10-29 | by ( Grace Dean | ) www.businessinsider.com   time to read: +4 min
Meta has pumped $36 billion into its Reality Labs division since 2019, an Insider analysis found. The division, comprising Meta's metaverse and VR businesses, made a $30.7 billion operating loss over the same period. "We do anticipate that Reality Labs operating losses in 2023 will grow significantly year-over-year," CFO David Wehner said. Grace Dean/InsiderCosts and expenses for Reality Labs amounted to $12.5 billion for the full-year 2021, and the division brought in $2.3 billion revenue. And despite the ballooning losses at Reality Labs, Zuckerberg said Wednesday he's "pretty confident" the company is heading "in a good direction."
☆ Meta execs have blasted Apple's Vision Pro. It's the latest skirmish in an ongoing rivalry between Mark Zuckerberg and Tim Cook.
  + stars: | 2021-04-27 | by ( Avery Hartmans | Sarah Jackson | ) www.businessinsider.com   time to read: +1 min
Apple Vision Pro Justin Sullivan/Getty ImagesApple released its Vision Pro headset in February, and Zuckerberg was quick to offer his critique of the competitor to Meta's Quest headsets. "They have different strengths, but overall Quest is better for the vast majority of things that people use mixed reality for." Zuckerberg says many people "assumed that Vision Pro would be higher quality because it's Apple and it costs $3,000 more." Meta CTO Andrew Bosworth has also taken shots at Apple over its Vision Pro. Bosworth called the Vision Pro's motion blur "really distracting" and said the headset was "very uncomfortable to use."
Persons: Justin Sullivan, Zuckerberg, it's, Andrew Bosworth, Bosworth Organizations: Apple Vision, Apple, Vision
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