A naukri.com initiative
Metaverse News
The Verge
9h
294
Image Credit: The Verge
Grok resets the AI race
- Elon Musk's Grok-3 AI model is currently leading the Chatbot Arena leaderboard.
- The Grok iOS app is at the top of the App Store, above ChatGPT.
- Musk aims to shift attention away from ChatGPT by introducing ChatGPT-like voice interaction and desktop apps.
- Grok-3's 'thinking' capabilities are on par with o1, providing competition to OpenAI.
Read Full Article
17 Likes
Digitaltrends
13h
3
Image Credit: Digitaltrends
Users will fact-check Instagram and Facebook. Let’s just hope it works
- Meta announced Community Notes as a replacement for its fact-checking program, relying on user contributions to flag misinformation on Facebook, Instagram, and Threads.
- Community Notes must adhere to specific criteria, such as using unbiased language, providing URL sources, and gaining consensus among contributors before publication.
- Critics question the effectiveness of Community Notes, especially with the absence of independent fact-checking organizations and the reliance on user-generated content.
- Meta's move away from expert fact-checkers to user-contributed notes raises concerns about the quality and reliability of information being circulated on social media platforms.
- Community Notes pose challenges in maintaining transparency, combating biases, and ensuring the accuracy of fact-checking in a crowd-sourced environment.
- There are fears that Community Notes could be manipulated, leading to misinformation, potential harm to minority groups, and threats to human rights on social media.
- The replacement of fact-checking with Community Notes highlights the difficulty of managing accurate information and combating misinformation in an online landscape.
- Meta's decision to prioritize free speech over fact-checking raises concerns about the spread of false narratives and the potential for online manipulation.
- The lack of clear oversight on the reliability and objectivity of community-sourced notes may result in biased or inaccurate information being disseminated on Meta's platforms.
- The transition to Community Notes introduces complexities in determining the trustworthiness of news sources cited in the notes, especially in diverse markets like India.
- Balancing user-generated content, reliability of information, and avoiding potential social media controversies remains a challenge for Meta as it implements Community Notes.
Read Full Article
Like
Insider
16h
186
Image Credit: Insider
The brands making the biggest splash on social media, from Spotify and Netflix to fast-growing Fenty Hair
- Streaming and fashion brands are dominating creator marketing on social media platforms, according to new data by CreatorIQ.
- Spotify leads the rankings with $6.2 billion in earned media value (EMV) and a high creator retention rate.
- Netflix tops the charts on TikTok, with 103% growth in EMV on the platform.
- Rihanna's Fenty Hair and Beyoncé's Cécred were the top celebrity-backed brands launched in 2024.
Read Full Article
11 Likes
TechJuice
20h
341
Image Credit: TechJuice
Meta Cuts Employee Stock Options Despite Record-High Shares
- Meta has reduced stock options for tens of thousands of employees by about 10%.
- The cut in stock options comes despite Meta's stock reaching an all-time high.
- The reduction in equity will be based on employees' position level and office location.
- Meta has not responded to requests for comment on the matter.
Read Full Article
20 Likes
Insider
23h
1.2k
Image Credit: Insider
Meta approves bonuses of up to 200% of company executives' salaries amid layoffs
- Meta is laying off 4,000 employees (5% of its workforce) while approving executive bonuses of up to 200% of base pay, per an SEC filing.
- The company says the bonus increase aims to reward executives for achieving company goals. CEO Mark Zuckerberg, whose pay structure differs, is not included. Meta claims the layoffs target "low-performers" as it streamlines operations and boosts AI investments.
- However, some impacted employees say they had strong performance reviews. A Meta spokesperson emphasized the company's high-performance culture, stating that past good reviews don’t guarantee continued employment. The company has not commented further on the decision.
Read Full Article
23 Likes
Insider
1d
742
Image Credit: Insider
Meta cracks down on buying and selling Instagram usernames with a new lawsuit
- Meta has filed a lawsuit against a man for selling Instagram usernames and unauthorized account reinstatement services.
- Prices for the Instagram usernames ranged from $700 to $50,000.
- Meta has also filed another lawsuit against a different user for engaging in similar violations.
- These lawsuits mark the first time Meta has taken legal action in the US against the buying and selling of Instagram accounts and unauthorized services.
Read Full Article
10 Likes
Moneyweb
6h
80
Meta Platforms’s record winning streak puts stock split in view
- Meta Platforms's recent record-breaking rally has led investors to consider calling for a stock split.
- The 20-day winning streak drove Meta's shares to a record close of $736.67 on February 14 and a gain of over 25% for the year.
- A stock split lowers the price per share and can make stocks more accessible to retail investors.
- Numerous other tech companies, including Netflix, have embraced stock splits for various reasons, such as eligibility for market indices and spurring bullish sentiment.
Read Full Article
4 Likes
TechCrunch
9h
231
Image Credit: TechCrunch
Court filings show Meta staffers discussed using copyrighted content for AI training
- Meta employees have discussed using copyrighted works for training AI models, according to court documents.
- The dispute in the case Kadrey v. Meta revolves around Meta's claim of 'fair use' for training AI models on IP-protected works.
- Internal work chats among Meta staffers reveal discussions on acquiring copyrighted books for training AI models.
- Meta employees debated acquiring e-books at retail prices instead of pursuing licensing deals with book publishers.
- There were mentions of using publicly available data for model training while being less conservative with approvals.
- Discussions included the consideration of using Libgen, a site known for providing access to copyrighted works.
- Meta's AI team tuned models to steer clear of IP risky prompts and avoid disclosing the use of certain datasets.
- Revelations suggest Meta may have scraped Reddit data for model training and adjusted decisions on training sets.
- Plaintiffs in the case allege Meta cross-referenced pirated books with licensed ones to assess licensing agreements.
- Meta's legal defense team has been strengthened, indicating the company's high stakes in the legal battle.
Read Full Article
13 Likes
Macdailynews
9h
291
Image Credit: Macdailynews
President Trump says he’ll impose retaliatory tariffs for digital taxes, fines, practices, and policies on Apple, other American tech firms
- President Trump announced he would impose tariffs on nations that apply digital service taxes to Apple and other American tech firms.
- The memo directs the U.S. Trade Representative’s office to renew digital service taxes investigations and investigate any additional countries that use a digital tax to discriminate against U.S. companies.
- Digital service taxes have been a source of trade disputes for years, with several countries imposing them on U.S. tech giants like Google, Facebook, Apple, and Amazon.
- President Trump seeks to combat these taxes and prevent foreign governments from appropriating America’s tax base for their own benefit.
Read Full Article
17 Likes
Psu
12h
256
The Tony Hawk’s Pro Skater Website Now Has A Countdown Timer, Ahead Of March Reveal
- A countdown timer has appeared on Tony Hawk Pro Skater website, pointing to a reveal on March 4, 2025.
- Speculation suggests it could be a remastered version of Tony Hawk Pro Skater 3+4.
- There is a possibility of a remake of one of the Underground games, but no confirmation from Activision.
- The reveal will take place soon, and fans are excited for the announcement.
Read Full Article
15 Likes
TechCrunch
13h
18
Image Credit: TechCrunch
Despite recent layoffs, Meta is expanding in India
- Meta is expanding in Bengaluru, India by setting up a new site in the tech hub.
- The company is hiring for 41 positions in Bengaluru, mostly for software and machine learning engineers.
- The new center in Bengaluru is part of Meta's Enterprise Engineering team, focusing on custom internal tools.
- This expansion represents a shift for Meta, as engineering roles have traditionally been based in North America and Europe.
Read Full Article
1 Like
Insider
13h
221
Image Credit: Insider
Internal Meta documents show which teams were hit the hardest in 'low performer' cuts
- Internal documents obtained by Business Insider reveal the teams and roles most affected by Meta's recent job cuts.
- Teams under Tom Alison, Facebook's head, saw the highest impact with 335 job cuts.
- Meta's Horizon team, working on its virtual reality platform, experienced the next-largest cuts with 244 employees affected.
- Other heavily impacted teams include those under Vishal Shah, Carmine Arabia, Lori Goler, Rachel Peterson, Peng Fan, and Alex Himel.
Read Full Article
13 Likes
Massivelyop
14h
145
Among Us VR is coming to PC as Among Us 3D – and the demo is playable next week through Steam Next Fest
- Among Us VR, also known as Among Us 3D, will be ported to Steam for PC players.
- Players will experience the game in a first-person 3D perspective with cross-platform lobbies.
- Updates to Among Us 3D will introduce new customization options and game modes without the need for a VR headset.
- A demo for Among Us 3D will be available for play during Steam Next Fest.
Read Full Article
8 Likes
Rockpapershotgun
20h
211
Image Credit: Rockpapershotgun
These are the text messages that allegedly got a former Bungie executive fired, according to a court document written by Sony
- A lawsuit between Sony and a fired Bungie director, Christopher Barrett, reveals allegedly predatory behavior through text messages leading to his dismissal.
- Sony released text messages showing Barrett's misconduct, including boundary-pushing, inappropriate topics, demands for intimacy, and late-night drunk calls to female employees.
- Specific examples include asking to play 'Truth or Dare', commenting on physical appearance, expressing romantic interest, and making worshipping remarks to female staff.
- Victims reported incidents to HR but feared repercussions due to Barrett's seniority within the company.
- Sony defends Barrett's termination for 'gross misconduct and negligence', while Barrett disputes the allegations and claims he was fired to prevent a bonus payout of over $45 million.
- Barrett argues that Sony's actions are defamatory and unsupported, while Sony asserts the termination was justified based on evidence and victim statements.
- Both parties are engaged in aggressive legal tactics, with potential for the case to be settled given the substantial monetary considerations involved.
- Bungie has faced prior accusations of a 'toxic' culture, with instances of sexism and racism among senior leadership, prompting apologies and promised reforms by CEO Pete Parsons.
- The studio is working on a new game, an extraction shooter reboot of Marathon, under new director Joe Ziegler following Barrett's exit, amid recent layoffs.
Read Full Article
12 Likes
Mettisglobal
22h
78
Image Credit: Mettisglobal
Meta reduces employee stock options by 10%
- Meta Platforms has cut back on its yearly distribution of stock options by about 10% for tens of thousands of employees.
- Employees receive equity refreshers every year that make up the majority of their remuneration.
- Most employees have been told they would receive about 10% less equity this year.
- Meta has approved an increase in target bonus for executive officers to 200% of base salary.
Read Full Article
4 Likes
For uninterrupted reading, download the app