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☆ Harvard students used Meta Ray-Bans to do facial recognition. Meta execs once thought this was a good idea.
▼ + stars: | 2024-10-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Harvard students rigged their Meta Ray-Bans to do facial recognition, 404 Media reports. Nguyen told Business Insider that the experiment wasn't meant to show that popular Meta Ray-Bans are a problem. Another goal of the experiment, he said, was to help spread awareness on how to protect yourself digitally against facial recognition software. Meta's glasses can't recognize faces by defaultA spokesperson for Meta told Business Insider, "To be clear, Ray-Ban Meta glasses do not have facial recognition technology. Facial recognition.

Persons: Andrew Bosworth, —, AnhPhu Nguyen, Caine Ardayfio, LhxModhDpk, Meta Ray, Meta, Nguyen, Ray, Insider's Peter Kafka, Bosworth, It's Organizations: Service, Media, Harvard, Business, Meta, Google, BuzzFeed, Reality Labs, European Union, IDC Locations: Illinois , Texas

☆ Harvard students made Meta Ray-Bans do facial recognition. Meta execs once thought this was a good idea.
▼ + stars: | 2024-10-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

☆ Meta found a new way to crack down on scam accounts, and it seems to be working
▼ + stars: | 2024-10-03 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Meta is partnering with banks to identify scam accounts. Meta says the collaboration led to the removal of 20,000 scam accounts in the UK alone. So Meta launched a new program that allows banks to "share intelligence" directly with the social media conglomerate to more efficiently combat scams. Meta said in a statement that, based on data shared by the two banks, it has already removed 20,000 accounts it believes were run by scammers. In just the first six months, the program blocked 8,000 different pages and 9,000 celebrity scams, Meta told the outlet.

Persons: Meta, —, David Lindberg, Andrew Forrest Organizations: Meta, Service, Facebook, Intelligence, Wednesday, NatWest, Metro Bank, scammers, Guardian, Retail Banking, Australian Competition, Consumer Commission, Business Locations: Australia, cryptocurrency

In this article META Follow your favorite stocks CREATE FREE ACCOUNTA logo of US company's Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. It also accuses the company of retaliation after it allegedly sidelined Napoli and took him off big projects when he raised concerns that the person had been rehired. Before the layoffs, G.F. and Napoli occasionally saw each other in meetings but were no more than "work acquaintances," Napoli said. But just four months later, the company hired G.F. back to a contractor position after he apparently slipped through the cracks in the hiring process, the lawsuit says. Napoli learned his accused stalker was back at Meta when G.F.'s name popped up on Workplace, the company's internal messaging system.

Persons: Porte, Julien De Rosa, James Napoli, Napoli, Mark Zuckerberg, Carrie Goldberg, Peter Romer, Friedman, Meta, it's, Meta didn't, G.F, Luigi, he'd Organizations: Porte de, Afp, Getty, Meta, New York Supreme, Meta's New, CNBC, Facebook, Napoli Locations: Paris, New York, New, Napoli, Meta's, Meta's New York City

☆ Meta's new Ray-Ban glasses are pulling a bait and switch
▼ + stars: | 2024-09-26 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +6 min

Now, despite a rocky start three years ago, Meta's smart glasses are doing better than expected. Meta's Ray-Bans have a camera and speaker and are packed with AI. Meta's loftier goal, the Orion glasses , aren't quite there. Yet getting people into the Orion glasses may depend on getting people comfortable with smart glasses generally, and that's where the Ray-Bans could come in. And the Meta Ray-Bans make it even easier to use AI as you move through the world — no hands (and awkward air-pinching ) required.

Persons: Mark Zuckerberg, Ray, Zuckerberg, Meta's Ray, Meta's, They're, they're, George Jijiashvili, Peter Kafka, it's, Bob Dylan, Lady Gaga, Amanda Hoover Organizations: Orion, International Data Corporation, Apple, Microsoft, Google, IDC, Research, VR, Business

In addition to the Quest 3S, Meta on Wednesday also showcased its latest prototype of augmented-reality smart glasses and announced a flurry of new features for its Meta AI chatbot. What it doesMetaA Meta representative said the "S" in Quest 3S stands for "start" — as in getting started with VR. Orion is Meta's first "fully-functioning" prototype AR glasses, Zuckerberg said, and the device is tethered wirelessly to a small "puck." The Orion glasses are an improvement on Project Nazare, prototype smart glasses that Zuckerberg announced in 2021, when the company changed its name from Facebook. As part of Wednesday's event, Meta announced new Meta AI features for its Ray-Ban smart glasses.

Persons: Mark Zuckerberg, David Paul Morris, Meta, Apple hasn't, Zuckerberg, Meta's, Cristiano Amon, Nurphoto, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Meta, Inc, Chase Center, Bloomberg, Getty, Labs, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, Qualcomm, Samsung, Google, Nurphoto, CNBC, IDC, Wednesday Locations: San Francisco , California, Menlo Park , California, Oculus, New Zealand

☆ Watch CNBC's full interview with Meta Chief Product Officer Chris Cox
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Meta Chief Product Officer Chris CoxChris Cox, Meta chief product officer, joins 'Closing Bell Overtime' to talk Meta's new slate of tech offerings including AR glasses, a new VR headset, and more.

Persons: Chris Cox Chris Cox Organizations: Meta

☆ Meta's Chief Product Officer Chris Cox talks new AR glasses
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's Chief Product Officer Chris Cox talks new AR glassesChris Cox, Meta chief product officer, joins 'Closing Bell Overtime' to talk Meta's new slate of tech offerings including AR glasses, a new VR headset, and more.

Persons: Chris Cox Organizations: Meta

☆ Nvidia CEO Jensen Huang gushes over Meta's new 'Orion' prototype glasses
▼ + stars: | 2024-09-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewNvidia CEO Jensen Huang was one of several big names to try out Meta's new "Orion" prototype glasses at Meta's Connect event on Wednesday — and he appeared to be a fan. The Nvidia CEO, who was one of the testers, referred to the glasses' 100-gram weight as "a big deal" and complimented various aspects of the technology. AdvertisementThe "Orion" glasses are the first prototype of full holographic augmented reality, and Zuckerberg referred to them as the "most advanced glasses the world has ever seen." The Meta CEO named several of the challenges with building the glasses, like the need for a wide field of view while keeping them light. The Meta CEO has bragged about stockpiling GPUs to build a "massive amount of infrastructure" to further the company's AI efforts.

Persons: —, Jensen Huang, Mark Zuckerberg, Huang, Zuckerberg, it's Organizations: Service, Business, Nvidia, Meta

☆ Meta's new AI chatbots are already getting weird — and horny
▼ + stars: | 2024-08-01 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Read previewI've spent one day interacting with chatbots made with Meta's new AI Studio, and I already have six new boyfriends and four new girlfriends. Character AI also has its own share of AI boyfriends and girlfriends to talk to. When prompted to engage in NSFW content, the Meta AI bots I interacted with generally shut it down (often, politely). Meta's AI studio has a parody "MrBeast" chatbot and its popular characters include a "Gay Bestie" and "Relationship Coach." Unlike Meta's character AIs, creators can see the messages you send to their inbox, even if their automated AI responds.

Persons: —, I've, chatbots, I'm, Meta, Paris Hilton, Snoop Dogg, Mark Zuckerberg, Sydney Bradley, Ash, Andreessen Horowitz, it's, OpenAI's, Eric, George Organizations: Service, Meta, Business, AIs, Sydney, Olin Business School, GPTs Locations: MrBeast, Minnesota, DMs

☆ Mark Zuckerberg really wants you to know he's a chain guy now
▼ + stars: | 2024-07-30 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg has attracted attention for his style shift from awkward tech CEO to a more laid-back streetwear look. Now, the Meta CEO is embracing memes and using his new image to promote Meta's AI tools. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg can't get enough of his chains — and he's leaning into the memes about it to promote Meta's new AI tools. The internet was taken by his new aesthetic and the endearing story behind his chain, designed with his daughters in mind.

Persons: Mark Zuckerberg, — Organizations: Service

☆ Here are 3 ways Meta could pivot if 10% of its ad revenue were to disappear
▼ + stars: | 2024-06-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The "revenue driver" in question is last year's advertising blitz from large online Chinese retailers that made up about 10% of Meta's overall revenue. Evidence of slower or moderating ad spending from big retailers with ties to the world's second-largest economy could force Meta to lean into some of its other strengths. Analysts at the firm conducted a stress test — benchmarking a worst-case scenario for Meta's Chinese ad revenue in the second half of 2024. Mizuho analysts said Meta can leverage volume drivers such as increasing the ad load on Reels using artificial intelligence. Mizuho also believes special events like the U.S. presidential election and the Olympics should help support ad spending in the back half of the year.

Persons: Shein, Bernstein, Temu, Mizuho, monetization, Josh Silverman, we're, Jim Cramer's, Jim Cramer, Jim, Jonathan Raa Organizations: Wall Street, Holdings, Nasdaq, Meta, Mizuho, Amazon, U.S, Google, CNBC, Nurphoto, Getty Locations: Temu, China, Ireland, Shanghai, Singapore, U.S, London, Meta

☆ Facebook has a plan to win over Gen Z. Don't laugh.
▼ + stars: | 2024-06-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

In a 2023 Pew survey on teen internet use, only about one-third of US teens ages 13 to 17 said they used Facebook. Compare that with Pew's 2014 survey, when 71% of teens said they used Facebook. AdvertisementSecondly, Facebook is hoping to lure back young adults with offerings like Marketplace, Dating, Groups, and Events. And I don't think Facebook Dating is a huge hit. I know it seems improbable that Facebook could become cool for Gen Z, but don't count it out — they just might pull this off.

Persons: Meta, —, Elon Musk's, I'm, Instagram, Mark Zuckerberg Organizations: Service, Facebook, Pew, Facebook —, Meta, Craigslist, mojo, TikTok

☆ Instagram's top exec praised YouTube's monetization and dissed Snapchat's, as he explained his platform's approach
▼ + stars: | 2024-05-09 | by ( Sydney Bradley | Dan Whateley | ) www.businessinsider.com time to read: +6 min

Last month, the company rolled out a new temporary "Spring Bonus," which he said was called Spring Bonus and not the "permanent bonus program" because he wanted to set expectations. For Instagram's bonus program to be successful, it would need to meet three criteria, according to Mosseri:It's a sustainable model, and Meta is not "burning cash." 'The thing I'm most excited about is subscriptions'The bonus program wasn't the only feature top of mind for Mosseri. Advertisement"The thing I'm most excited about is subscriptions," Mosseri said. And while it isn't useful for every creator, Instagram recently announced that there are now 2 million active subscriptions to creators on the app.

Persons: —, Adam Mosseri, Mosseri, — Haley Kalil, Hassan Khadair —, Instagram, she's, Kalil, I'm, TikTok, Snapchat, We're, That's, it's, YouTube's Organizations: Service, Meta's, YouTube, Business, Meta Locations: York

☆ Meta is about to open up the generative AI floodgates for advertisers with new tools
▼ + stars: | 2024-05-07 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Read previewMeta is giving advertisers more generative AI tools. Meta's AI can create full image variations — though advertisers need to feed an image to Meta to create an ad. AdvertisementMeta said that it has started rolling out the generative AI features and they will be available globally to all advertisers by the end of the year. "What we are hearing from advertisers is that these generative AI tools are saving time and resources while increasing productivity," he said. Alvin Bowles, VP of Meta's global business group, said that Meta is working with agencies and brands to educate them on how to use generative AI tools to make their jobs more efficient.

Persons: —, Meta, John Hegeman, Hegeman, Max, Alvin Bowles Organizations: Service, Business, Meta

☆ Interest rates staying where they are is a forgone conclusion, but the Fed's decision day still matters
▼ + stars: | 2024-05-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what another delay to interest rate cuts means for a market banking on them. The big storyThe waiting game continuesChip Somodevilla/Getty Images; BISpoiler alert: The Federal Reserve won't be lowering interest rates today. The official announcement won't come until this afternoon, but interest rates staying where they are is a forgone conclusion. The CME FedWatch Tool, which calculates the probability of the Fed's decision based on interest rate traders, has the odds of rates staying untouched at 97.5%.) Talk of cutting interest rates has been going on for the better part of a year.

Persons: —, it's, doesn't, We'll, Chip Somodevilla, Jerome Powell, Matt Rourke, Sarah Silbiger, Alyssa Powell, CME's, aren't, Powell, Erin Schaff, Paul Krugman, Donald Trump's, Krugman, Trump, Marko Kolanovic, Rebecca Zisser, Instagram, Changpeng Zhao, Binance, Amazon, Emma Tucker's, Steve Bannon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Stagecoach, Trump, Tech, Investors, Bloomberg, Getty, The New York Times, Hunterbrook, JPMorgan, Adobe, Wall Street Journal, Staff, eBay, Pfizer, Google Locations: stagflation, New York, London

☆ Meta's Threads now has more daily users in the US than Elon Musk's X
▼ + stars: | 2024-04-23 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

Now, Threads has more daily users in the US than X, a trend that's been ongoing since December, when Threads became Apple's most downloaded app. "Threads DAUs in the US passed X in December 2023 and it has not looked back," Thomas Grant, Apptopia's VP of research, said. That's a roughly 55% increase in DAUs from December when Threads averaged an estimated 18 million users each day. According to Sensor Tower estimates, daily users of the X app worldwide are down 19% compared to October 2022, the month that Musk took over Twitter. An estimate of daily users from Apptopia for the week also shows no gain in Threads users.

Persons: Elon Musk, Thomas Grant, Apptopia's, It's, Musk, X, Mark Zuckerberg's, Taylor Swift, Swift, MAUs, Zuckerberg, X MAUs, Kali Hays Organizations: Service, Elon, Business, Apple, Google, Twitter, US Locations: That's, DAUs, khays@businessinsider.com

☆ Mark Zuckerberg is bringing out the chains and leaning hard into his version of mob chic
▼ + stars: | 2024-04-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Zuckerberg wore a navy blue t-shirt and chain necklace while announcing his company's latest AI products on Thursday. At the UFC event, Chan leaned into the "mob wife" aesthetic, pairing her all-black outfit with a gold necklace. Apart from getting super fit, Bezos also makes plenty of bold fashion choices with his fiancé, Lauren Sánchez. The couple turned heads when they sported the "mob chic" look at the Dolce & Gabbana Party at the Milan Fashion Week in January.

Persons: Mark Zuckerberg, —, Zuckerberg, swag, 3BU0z0n9dr, Armand Domalewski, Priscilla Chan, Chan, Jeff Bezos, Bezos, Lauren Sánchez, Jensen Huang Organizations: UFC, Service, Dolce, Gabbana Party, Milan, titans, Meta, Business Insider Locations: Jersey

☆ Zuck's new AI drop is cool and all, but he's still playing catch-up with Sam Altman
▼ + stars: | 2024-04-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg just dropped Meta's new AI models. Bt what Llama 3 does not do is beat OpenAI's GPT-4. AdvertisementPerhaps the most important detail was that Meta's open-source models will soon be on par with their closed-source counterparts. For open-source AI developers, that'll be a huge deal. The AI models they were working on looked pretty rudimentary as recently as last year as they struggled to complete sentences without repeating themselves.

Persons: Mark Zuckerberg, OpenAI's GPT, —, Meta, Nick Clegg, Claude, OpenAI's, that'll, Sharon Zhou, Sam Altman's, Sam Altman, Justin Sullivan, Google's, That's, Jim Fan, Altman, Zuckerberg, Gary Marcus Organizations: Service, Financial, Google, GPT, Nvidia, Facebook, New York University

☆ Meta's new AI assistant is rolling out across WhatsApp, Instagram, Facebook and Messenger
▼ + stars: | 2024-04-18 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Meta on Thursday announced its free artificial intelligence assistant, Meta AI, is rolling out across its social media platforms WhatsApp, Instagram, Facebook and Messenger. The assistant can answer questions, create animations and generate images, Meta CEO Mark Zuckerberg said in a video. Meta AI was built on the company's latest large language model called Meta Llama 3, which was also announced Thursday. "We believe that Meta AI is now the most intelligent AI assistant that you can freely use," Meta CEO Mark Zuckerberg said in the video.

Persons: Mark Zuckerberg, OpenAI's ChatGPT Organizations: Meta, Facebook, Google, Microsoft Locations: Menlo Park , California

☆ Mark Zuckerberg is becoming Meta's ultimate influencer
▼ + stars: | 2024-03-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Zuck has been using his platforms to demo Meta's products, including the company's AI glasses. In a video posted late last year, he used Meta's AI Ray-Bans to guide him through braiding his daughter's hair. Zuckerberg posted a video reviewing Apple's new mixed-reality headset, perhaps unsurprisingly deciding Meta's $500 Quest headset was superior. The billionaire has also taken to criticizing Apple's headset on other social media platforms and behind closed doors in private meetings. In a post on Threads last week, Zuckerberg said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly."

Persons: Mark Zuckerberg, Zuck, —, Zuckerberg, Meta's, Ray, He's, he's, Anant Ambani, Priscilla Organizations: Apple's, Service, buzzy Locations: Asia, Japan, Tokyo

☆ Here's what Meta CEO Mark Zuckerberg has to say about the Apple Vision Pro
▼ + stars: | 2024-02-14 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. Meta CEO Mark Zuckerberg shared his opinion of Apple 's new mixed-reality headset, the Vision Pro, in a video posted to Instagram where he called Meta's Quest 3 headset "the better value" and "the better product, period." While it's obvious Zuckerberg would promote his company's product, his decision to post a video about the differences between the Quest 3 and Vision Pro shows the increasing competition between Apple and Meta. Meta has taken a lower-cost approach while Apple has focused on sharper screens, more powerful processors and higher-end materials. Apple officially launched its Vision Pro in the U.S. on Feb 2.

Persons: Mark Zuckerberg, Zuckerberg, Meta, Tim Cook, CNBC's Jim Cramer Organizations: Apple, Vision, Pro, Meta, Apple Watch, Quest, CNBC PRO Locations: San Jose , California, U.S, New York

☆ Why Meta's shiny new dividend and whopping $50 billion buyback plan may divide investors
▼ + stars: | 2024-02-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg's Meta declared its first dividend and another $50 billion in approved buybacks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeta announced its first dividend and another $50 billion of authorized stock buybacks in its fourth-quarter earnings on Thursday. The social-media giant is clearly eager to reward its shareholders, but its latest moves could divide investors. Meta's new dividend and large-scale buybacks are intended to show it values its shareholders and wants to reward them.

Persons: Mark Zuckerberg's Meta, Warren Buffett, —, Susan Li, Nigel Green, Tesla, Instagram, Warren Buffett's Berkshire Hathaway doesn't, allocator, Buffett, Zuckerberg, Apple's buybacks, Kraft Heinz Organizations: Service, Meta, Reality Labs, Facebook, Warren, buybacks, Chevron, Kraft

☆ Elon Musk's latest Tesla robot video shows it folding a shirt, but some viewers were quick to question how the video was made
▼ + stars: | 2024-01-15 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Elon Musk posted a video of the Tesla robot Optimus appearing to fold a shirt. AdvertisementElon Musk admitted that a video showing Tesla's Optimus robot folding a shirt is "not yet" possible, leaving online observers to wonder how the video was created at all. In a short video posted Monday to X, formerly known as Twitter, the Tesla robot stands at a table, slowly folding a black shirt, seemingly without assistance. Musk simply said of the video, "Optimus folds a shirt." Musk has shared videos of Tesla's Optimus robot in the past performing tasks like yoga stretches, squats and picking up an egg.

Persons: Elon Musk, Musk, —, 3F5o3jVLq1 — Elon, Marques Brownlee, Brownlee, Tesla, Gromit, Lex Friedman Organizations: Service, Twitter, Tesla, Wallace

☆ A Meta employee says she's under investigation after claiming the firm censors pro-Palestinian views
▼ + stars: | 2024-01-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

A Meta employee posted a video on Instagram claiming she is under investigation. She said it was because she distributed a letter alleging Meta censors pro-Palestinian views. AdvertisementAn NYC-based Meta employee claims she is under investigation by the company for violating its rules after she shared a letter internally alleging that the firm censors pro-Palestinian views. According to her video, the employee later received a message from an unspecified colleague saying the letter violated company rules. According to the employee, the letter referenced criticism from lawmakers and human rights groups about how Meta has handled content related to Palestine.

Persons: —, Meta, hadn't, Elizabeth Warren, Mark Zuckerberg, Lori Goler Organizations: Service, Financial Times, Meta, Human Rights Watch, Facebook, Business Locations: Palestine, Gaza, Meta's New York

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