#Meta

#Meta

Analysts use discounted cash flow models to value companies. These models rely heavily on future cash flows and a "terminal value" which is how much the business is worth beyond the forecast period. For big tech companies investing big money into AI, that terminal number can look great, because they stand to benefit from their investments in the technology longer term.

As I'm here in Africa, I'm deeply disappointed to hear that SpaceX's launch failure destroyed our satellite that would have provided connectivity to so many entrepreneurs and everyone else across the continent. Further replying to a user's query on the insurance of the satellite, the very irked Zuckerberg quipped, The problem isn't the money; it's that now it may take longer to connect people.

"We're starting to see projects that used to take big teams now be accomplished by a single, very talented person," he said. Already this year, Meta has laid off several hundred workers mainly in its Reality Labs division, a part of the company that focuses on its "metaverse" ambitions, hardware products and AI initiatives. Zuckerberg said Meta is investing more across the company in AI tools that help employees like software engineers complete more work.

When one of the founders of modern AI walks away from one of the world's most powerful tech companies to start something new, the industry should pay attention. Yann LeCun's departure from Meta after more than a decade shaping its AI research is not just another leadership change. It highlights a deep intellectual rift about the future of artificial intelligence: whether we should continue scaling large language models (LLMs) or pursue systems that understand the world, not merely echo it.

The OpenAI CEO sent employees a message on Slack criticizing Immigration and Customs Enforcement - and appears to have taken the opportunity to also take a subtle jab at his rival, Mark Zuckerberg. The reference can be found where Altman wrote that OpenAI aims to "not get blown around by changing fashions." "We didn't start talking about masculine corporate energy when that was popular," Altman told employees.

Meta is being sued by Solos, a rival smart glasses maker, for infringing on its patents, Bloomberg reports. Solos is seeking "multiple billions of dollars" in damages and an injunction that could prevent Meta from selling its Ray-Ban Meta smart glasses as part of the lawsuit. Solos claims that Meta's Ray-Ban Meta Wayfarer Gen 1 smart glasses violate multiple patents covering "core technologies in the field of smart eyewear."

The Federal Trade Commission said Tuesday it will appeal the November ruling in favor of Meta in its antitrust case against the social media giant. The FTC said it continues to allege that, for more than a decade, Meta Platforms Inc. has "illegally maintained a monopoly" in social networking through anticompetitive conduct "by buying the significant competitive threats it identified in Instagram and WhatsApp."

Instagram is testing out new tweaks that emphasize friends. It also has a new definition of friends: People who mutually follow each other. The Instagram test involves changing a user's "following" count on a profile to a "friends" count. That means if you follow thousands of people, but maybe only a few hundred of those people follow you back, that'll show up as your "friends" count.

"If you are using the same suppliers, such as web hosting companies, as the majority of illegal websites, then you are helping to build the illegal market," he said. "And, if you are marketing your products through platforms, including social media, that also promote illegal online casinos, then you are helping to build the illegal market."

Oakley Meta HSTN smart glasses finally reached Indian shores late last year. Unlike the Ray-Ban Meta smart glasses, the Oakley Meta HSTN (referred to as how-stuhn) caters to a niche category of performance-focused users, such as athletes, sports enthusiasts, and techies who love to mix style and substance with the power of AI. Priced at Rs. 41,800, the Oakley Meta HSTN smart glasses aren't for everyone, but they bring the magic, turning your boring eyewear into AI-enabled gear.

I turned 50, and it was the best year of my life,

The UFC's own private venue in Las Vegas was originally designed to house The Ultimate Fighter, Dana White's Contender Series, and perhaps host some regional MMA shows. However, during the coronavirus pandemic, it became a godsend, allowing the promotion to continue hosting events in the face of a global shutdown, capturing the sports market at a time when all other leagues were on a pause.