Meta only concentrates 20 percent of resources on hardware and software development for Metaverse: Zuckerberg

[ad_1] Mark Zuckerberg, despite facing significant losses in the Meta metaverse division, has reiterated faith in next-generation technology. The head of the Meta decided to give five to ten years before the metaverse blossomed into the promising industry it seems at present. Right now, only 20% of Meta’s functional focus is developing hardware and software … Read more

Meta partners with FICCI and NeGD to train 100 Indian developers at Metaverse Tech

[ad_1] Meta announced Tuesday that it is backing industry body FICCI with a $1 million fellowship program for the XR Open Source (XROS) fellowship program that will help 100 Indian developers working on XR (Extended Reality) technologies for the future of the metaverse. The XROS Program, administered by FICCI, will provide fellowships to developers that … Read more

Critics dismiss trained AI as being at the Meta level to facilitate scientific research

[ad_1] Meta AI created the tool to make research easier and scientific knowledge more understandable. — Screengrab via Galactica, formerly known as Facebook Artificial Intelligence Research artificially intelligent tool It was developed by Meta and rejected by scientists as soon as it became available for public use. Meta AI Created the tool to make … Read more

Meta had more than 55,000 user data requests from the Indian government in 2022

[ad_1] India with 55,497 requests was again second only to the US in terms of Meta claim to provide user data in the first half of this year, and the social network restricted access in India 597 items in response to directives from the Ministry of Information Technology in the reporting period. In the second … Read more

Amidst Twitter, Meta Sacks, Can Indian IT Firms Sweep Away From the Clutter? News18 asks the experts

[ad_1] Amidst the chaos of layoffs at big tech companies like Twitter, Meta, Disney, Amazon and Alphabet’s Google, which are said to be planning to lay off up to 10,000 employees, how is India’s IT sector doing? According to industry reports, Capgemini and Infosys of the Indian IT sector are in a frenzy of appointments. … Read more

Zuckerberg says it’s his “mistake” that Meta should lay off 11,000 employees

[ad_1] Head of Meta Mark Zuckerberg. – AFP/File Meta chief Mark Zuckerberg, who announced that the social media giant would lay off nearly 11,000 employees, representing about 13% of the total staff, admitted it was his fault the company had to cut jobs. He said he was “overly optimistic” about the company’s growth. “At the … Read more

Why Twitter, Meta, Disney and Amazon on the Layoff Spree? What the future holds: experts weigh in

[ad_1] From Twitter to Meta, Amazon and Disney, many tech giants have laid off employees by the thousands, fueling fears of an impending recession. Twitter, which has been in the news since the announcement of the Elon Musk acquisition, has reportedly terminated a large number of its contract workers. As reported, the microblogging platform had … Read more

After Meta & Twitter, Amazon plans to lay off 10,000 employees

[ad_1] Amazon plans to lay off about 10,000 people over the next few days, according to a New York Times report Monday, citing people familiar with the matter. The move, if confirmed, would follow mass workforce reductions by Twitter and parent Facebook Meta. The layoff will affect representation of roughly three percent of the e-commerce … Read more

WhatsApp, Facebook and other Meta companies to launch 11,000; Read a message from Mark Zuckerberg here

[ad_1] Social media giant Meta, which owns WhatsApp, Facebook, Instagram and other companies, has announced a massive round of layoffs. Meta will fire 11,000 employees this year. This is the biggest cut in Facebook history, and Mark Zuckerberg wrote a long letter to employees as he announced it. Here’s the full message Mark Zuckerberg sent … Read more

Why did Meta Zuckerberg fire 11,000 employees and what will happen to Indian workers now

[ad_1] Facebook’s parent company Meta is laying off 11,000 employees, or about 13% of its workforce, as it deals with declining revenue and the problems of the broader technology industry, CEO Mark Zuckerberg said in a letter sent to employees Wednesday. Read also | Mark Zuckerberg confirms layoffs in meta, releases 11,000 employees; Read the … Read more