Alan Dye was joined by Billy Sorrentino—another prominent design executive from Apple—in headlining Meta's new design studio within its Reality Labs

Meta announced that they are launching a new AI-powered support hub, featuring an AI assistant to help users. The feature would offer users a 24-hour, 7-day-a-week account support platform for both its social networking apps, Facebook and Instagram. It is free to access for users.

Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI strategy.

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has racked up more than $70 billion in losses since 2021, according to Bloomberg, burning through cash on blocky virtual environments, glitchy avatars, expensive headsets, and a user base of approximately 38 people as of 2022.

Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move that positioned the company as a pioneer in virtual reality hardware. This laid the groundwork for immersive experiences beyond traditional screens.

Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users.

Yann LeCun has already confirmed he is leaving Meta Platforms at the end of the year. Also known as one of the godfathers of artificial intelligence, or AI, LeCun is said to exit the Facebook-parent to launch his own AI company,

HOWELL, MI — A local group opposed to a proposed $1 billion “hyperscale” data center reportedly backed by Facebook and Instagram owner Meta hosted a panel discussion days ahead of a pivotal Howell Township meeting.