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Siliconangle
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Image Credit: Siliconangle
Movement Labs raises $38M to add Facebook’s Move to Ethereum blockchain
- San Francisco-based blockchain development team Movement Labs has raised $38 million in Series A funding led by Polychain Capital.
- Movement Labs aims to bring Facebook's Move language virtual machine to Ethereum to address security and scaling issues.
- The investment round attracted participation from various venture capital firms and early adopters of the Move programming language.
- Move is a platform-agnostic programming language designed to enhance the security of smart contracts within the Ethereum ecosystem.
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Idownloadblog
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Image Credit: Idownloadblog
How to stop Instagram from limiting political content in your feed
- Instagram automatically limits political content in Reels, in-feed recommendations, Explore, and Suggested Accounts.
- To show more political content, go to your Instagram profile, tap the menu icon, and select Content preferences.
- In the Content preferences section, tap Political content and select Don't limit political content from people you don't follow.
- To further customize your political content, follow accounts that align with your interests and engage with relevant posts.
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TechDigest
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Image Credit: TechDigest
TikTok owner refuses to sell, Freely to come to British TV
- ByteDance, the parent company of TikTok, has no plans to sell the business despite US pressures.
- A new streaming service called Freely will soon be launched in the UK, aiming to combine on-demand and live TV channels.
- Meta's share price drops significantly after reporting higher costs and smaller revenues due to investments in AI.
- A trade war is brewing between China and the West over dominance in the global electric vehicle market.
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Medium
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Image Credit: Medium
Why did WhatsApp redesign its UI?
- WhatsApp has redesigned its UI with a new bar at the bottom of the screen.
- The update aims to make the app easier to use, especially with one hand.
- The redesign addresses the issue of limited access to high-priority buttons in one-handed mode.
- Users have mixed reactions to the new design.
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Python Blogs
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Image Credit: Python Blogs
6 Fixes for WhatsApp Instant Video Messages Missing or Not Working
- WhatsApp's instant video messaging feature may encounter issues of missing or non-functional messages.
- Here are six effective fixes to address these problems:
- 1. Check Internet Connection
- 2. Update WhatsApp
- 3. Clear WhatsApp Cache
- 4. Check Storage Space
- 5. Restart Device
- 6. Reinstall WhatsApp
- Following these steps will help you troubleshoot instant video messaging issues on WhatsApp and ensure seamless communication.
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Cybersecurity-Insiders
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Image Credit: Cybersecurity-Insiders
Google Facebook ads are deceptive and information stealing
- A new phishing scam disguised as Facebook is circulating on Google, aiming to deceive users and steal sensitive information.
- The scam involves fraudulent ads in the name of reputable companies at the top of search engine results.
- Google is working to eliminate these malicious advertising campaigns and utilizing artificial intelligence for enhanced security.
- Users are advised to avoid clicking on links from suspicious platforms and raise awareness about cybersecurity.
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Tech Story
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Meta’s Shares Plunge on Increased AI Spending and Revenue Forecast Concerns
- Meta Platforms, the parent company of Facebook and Instagram, saw a significant decline in stock price following its earnings report.
- Investor confidence was shaken due to Meta's increased investment in artificial intelligence (AI) and a lower-than-expected sales forecast.
- Meta is focused on advancing AI through Facebook AI Research (FAIR) and metaverse development, but this has led to increased expenses and sacrificing immediate profitability.
- The lower revenue forecast for the next quarter, combined with the growing costs, resulted in a sell-off, with the stock falling by almost 15%.
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Silicon
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Image Credit: Silicon
Meta Declines On Heavy AI Spending Plans, Despite Strong Q1
- Meta Platforms reveals heavy AI spending plans that cause a decline in share price.
- Despite the decline, Meta reports strong Q1 financial results.
- Net profit for Q1 is up 117% at $12.4 billion, while revenues rose 27% to $36.5 billion.
- Meta plans to spend heavily on AI with anticipated capital expenditures of $35-40 billion for 2024.
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Insider
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Image Credit: Insider
Meta's AI is now in your Instagram and Facebook. Here's what it does — and whether you can turn it off
- Meta AI, an AI assistant, has been introduced on Facebook and Instagram.
- It offers text generation and image creation but cannot be disabled.
- Users can access Meta AI in their feeds, chats, and search.
- Despite some users' discontent, there is currently no way to turn off Meta AI.
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Guardian
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Image Credit: Guardian
Meta value falls $190bn as investors react to plan to increase spending on AI
- Shares in Meta, the parent company of Facebook and Instagram, fell by 15% at the opening of Wall Street, resulting in a loss of approximately $190bn in market value.
- Investors reacted negatively to Meta's announcement to increase spending on artificial intelligence and concern was raised about the potential impact on revenue generation.
- Meta had experienced a boost in shares earlier in 2023 due to cost-cutting measures, but the relaxation of restraint and increased capital expenditure guidance has unsettled investors.
- Meta recently released Llama 3, an AI model, and expanded its AI-powered assistant, Meta AI, to markets outside the US, but is still working on implementation in Europe.
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Tech Story
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$3.58 Billion Loss for Meta Reality Labs in First Quarter
- Meta, formerly known as Facebook, reported a operating loss of $3.85 billion for the first quarter.
- The Reality Labs division had a 30% increase in revenue within the metaverse sector, generating $440 million.
- Meta's CEO, Mark Zuckerberg, remains committed to advancing the metaverse vision.
- Meta plans to collaborate with third-party hardware manufacturers and focus on long-term growth and innovation.
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Androidauthority
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Image Credit: Androidauthority
Pixel 8 users can now use Face Unlock in one more app
- WhatsApp now supports Pixel 8 and Pixel 8 Pro's face unlock for app lock security.
- Pixel 8 and Pixel 8 Pro feature Class 3 face unlock, the highest level of biometric security on Android.
- With this update, Pixel 8 users can use face unlock to unlock banking apps, wallet apps, and WhatsApp.
- Class 3 biometrics provide the highest level of security on Android devices.
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Mettisglobal
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Image Credit: Mettisglobal
Meta profits soar but costs of AI cause worry
- Meta, the company behind Facebook, reported soaring profits in the last quarter.
- However, concerns regarding the costs of artificial intelligence (AI) caused Meta's share price to decline on Wall Street.
- Net profit for the January to March period reached $12.4 billion, with total revenue of $36.5 billion.
- Meta's growth can be attributed to its advanced advertising tools and the success of 'Reels', its algorithm-fueled short video feature.
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Gizchina
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Image Credit: Gizchina
WhatsApp on iPhone Becomes Becomes A Little Easier to Use
- WhatsApp now supports passkeys on iPhone, making it easier to use.
- Passkey support allows users to use biometric authentication instead of relying only on SMS for login.
- While passkeys don't increase security, enabling the separate passcode-based 2FA feature adds an extra layer of security.
- To set up passkey on WhatsApp for iPhone, update the app to the latest version and navigate to Settings > Account > Passkeys.
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Medium
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Top 8 Instagram Trackers in 2024
- KidGuard helps monitor children's Instagram activities for safety online.
- Hoverwatch tracks location, records calls, and captures screenshots of Instagram activity.
- This app captures screenshots of Instagram activities and logs keystrokes for detailed reports.
- Dolphin Radar is a comprehensive tracking tool for Instagram, offering detailed insights and analytics.
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