Meta, a pioneering augmented reality company, recently announced that it will be officially discontinuing its Echo VR virtual reality (VR) app and game platform in 2021. This news comes as a surprise to many gamers, as Echo VR was one of the first VR gaming experiences available. So, why is Meta shutting down Echo VR?… Continue reading Here’s why Meta is shutting down Echo VR
Tag: meta
Meta wins fight to buy VR startup Within
At the start of March, in a highly sought-after acquisition, it was confirmed that the Silicon Valley based augmented reality startup, Meta, was the chosen candidate to purchase the much-talked about virtual reality company, Within. The two-year-old startup, formerly known as VRSE and founded by film director Chris Milk, was valued at $100 million USD… Continue reading Meta wins fight to buy VR startup Within
Meta Releases New Government-Backed Ad Delivery System After Housing Discrimination Lawsuit
In a historic move, a new government-backed ad delivery system has been launched by Meta in order to protect against housing discrimination and promote fair advertising practices. The decision to release the new system follows a recent housing discrimination lawsuit, which ruled in favor of the plaintiffs and stated that the company was involved in… Continue reading Meta Releases New Government-Backed Ad Delivery System After Housing Discrimination Lawsuit
Meta’s done making new features for the Quest 1 — all updates will end next year
As virtual reality continues to rise in popularity and appeal, technology companies are racing to innovate. Among them is Meta, the American startup known for its groundbreaking Meta 2 Augmented Reality glasses. Recently, Meta announced that it will be discontinuing the development of new features for its flagship product, the Meta Quest 1, next year.… Continue reading Meta’s done making new features for the Quest 1 — all updates will end next year
Why Meta Is (and Isn’t) Driving the Metaverse Conversation
When the concept of the metaverse was first introduced in science fiction writer Neal Stephenson’s 1992 novel Snow Crash, the idea seemed too futuristic and fantastical to ever become a reality. Today, however, the metaverse is a topic of serious debate and discussion, as more and more companies and individuals explore the potential of a… Continue reading Why Meta Is (and Isn’t) Driving the Metaverse Conversation
Meta acquires Luxexcel, a smart eyewear company
Today, Meta, a world leader in augmented reality technology, announced that it has acquired Luxexcel, a Netherlands-based company that has developed a breakthrough technology for 3D printed eyewear. The acquisition demonstrates Meta’s commitment to developing cutting edge technology in the eyewear industry. Luxexcel is recognized as a leader in 3D printed eyewear, and their patented… Continue reading Meta acquires Luxexcel, a smart eyewear company
Meta to pay $725 million to settle Cambridge Analytica lawsuit
Meta, the popular virtual reality (VR) platform, will pay $725 million to settle a lawsuit related to Cambridge Analytica, the political consulting firm. The Cambridge Analytica scandal began in 2016 when a former employee of the consulting firm, Christopher Wylie, revealed that the company had collected data from millions of unwitting Facebook users without their… Continue reading Meta to pay $725 million to settle Cambridge Analytica lawsuit
Facebook parent Meta to settle Cambridge Analytica class action lawsuit for $725M
Facebook, Inc., the parent company of social media network Facebook, has recently announced that it will pay out $725 million to settle a class-action lawsuit regarding data privacy violations that occurred through Cambridge Analytica. In the privacy breach, Cambridge Analytica, a political consulting firm, was revealed to have harvested the data of more than 50… Continue reading Facebook parent Meta to settle Cambridge Analytica class action lawsuit for $725M
Daily Crunch
Daily Crunch: Meta to Pay $725M Settlement in Cambridge Analytica Data Access Case Meta, the leading data marketplace, has made news after it announced that it will pay $725 million to settle regulatory charges related to Cambridge Analytica’s data access case. This settlement is the largest in history and sheds light on the serious implications… Continue reading Daily Crunch
Facebook parent
The saga of the ill-fated data scandal revolving around social media giant Facebook and British political consultancy firm Cambridge Analytica (CA) has recently come to an end. On Thursday, Facebook parent company Meta announced that it has agreed to a $725 million settlement of the class-action lawsuit brought against them by Facebook users over CA’s… Continue reading Facebook parent