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Metaverse News
Silicon
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Meta Benefits From Strong Ad Sales, Despite Tariff Concerns
- Meta Platforms, the parent company of Facebook, reported strong financial results with a 35 percent increase in profits and a 16 percent rise in revenues, attributed to robust advertising revenues and AI tools.
- Despite layoffs in the Reality Labs division, which makes wearable devices, Meta performed well financially, posting a net profit of $16.6 billion in the first quarter of 2025.
- Meta's advertising business saw a 5 percent increase in ad impressions and a 10 percent rise in the average price per ad during Q1, while the company boosted its 2025 capital expenditure plans to between $64 billion and $72 billion.
- While Meta faces regulatory challenges, including concerns over potential impact from tariff issues, the company remains cautious about geopolitical challenges and the potential impact on its business and financial results.
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Insider
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AI slowdown? Big Tech earnings are telling a different story.
- Microsoft and Meta reported strong earnings, indicating their continued heavy investments in AI technologies.
- Despite reports of a possible slowdown in AI demand, both companies showed no signs of slowing down their AI investments.
- Microsoft and Meta's increased capital expenditures reflect their commitment to meeting the high demand for AI services from customers.
- Other tech giants like Google also demonstrated strong revenue growth in their AI-focused cloud units, suggesting that the AI trend is still going strong in the tech industry.
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The Verge
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Image Credit: The Verge
Meta and Spotify are teaming up to lobby against Apple and Google
- Meta, Spotify, Garmin, Match, and others have formed a lobby group to represent their interests against Apple and Google.
- The Coalition for a Competitive Mobile Experience will focus on issues like age verification responsibility, promoting fair competition, and supporting antitrust cases against Apple and Google.
- The priority of the group is to push for app stores to take responsibility for age verification instead of individual apps.
- The coalition aims to support legislation similar to Utah's law on age verification and assist in Meta's efforts to change lawmakers' perspectives.
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Massivelyop
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World of Warcraft previews new rotational assistance UI tool, nixes some automating addons
- World of Warcraft introduces a new rotation assistance tool in the latest episode of Wowcast videos.
- The tool helps players with spec suggestions and gameplay tips, catering to those unfamiliar or returning to the game.
- Blizzard announces plans to phase out automation addons like WeakAuras and Deadly Boss Mods to prevent automated guidance in raids.
- Game director Ion Hazzikostas explains the decision is to make raid mechanics less reliant on third-party mods for progression.
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Insider
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Image Credit: Insider
Meta's advertisers didn't flinch after it shook up content moderation
- Despite Meta introducing major content moderation changes, advertisers spent more than $41 billion with Meta in the first quarter.
- Meta's revenue from advertising reached $42 billion in the quarter, surpassing analysts' expectations and increasing by 16% year over year.
- The company's AI-powered ad tools, Advantage Plus, were credited for the strong performance, automating various aspects of ad campaigns.
- Meta's ad business remains robust, with expectations to post revenue between $42.5 billion and $45.5 billion next quarter, ahead of analysts' forecasts.
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Dev
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405
Image Credit: Dev
Multiplayer VR Development using Unity XR Interaction Toolkit and Photon Fusion 2
- With the rise of VR technology, there has been a surge in Metaverse and Social VR applications, enabling global connections in shared virtual spaces.
- Developing a Social VR experience is now more attainable, catering to developers, clients, and entrepreneurs in various industries.
- VR technology has evolved to be used in defense training, medical simulation, manufacturing, and more with major brands investing in new devices.
- To build a Social VR experience, key features like multiplayer sessions, avatar interactions, voice chat, and interactable items are essential.
- The tech stack for implementation includes Unity as the game engine, XR Interaction Toolkit for VR interactions, and Photon Fusion 2 for multiplayer networking.
- Features like joining multiplayer sessions, seeing other avatars, voice chat integration, and interacting with items are crucial for immersive VR experiences.
- Implementation involves Photon Fusion 2.0 for managing multiplayer sessions, avatar synchronization, voice chat with Photon Voice, and interactable object syncing.
- The development roadmap focuses on creating VR Player Entity for player representation and Interactable Item Entity for object interactions.
- Tasks include setting up XR Rigs, implementing networked player movement, synchronizing player movements, and enabling real-time voice communication.
- Components like UI screens for interaction, manager classes for session handling, and the use of XR Interaction Toolkit and Photon Fusion 2.0 are vital for development.
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TechCrunch
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Image Credit: TechCrunch
WhatsApp now has more than 3 billion users a month
- WhatsApp now has over 3 billion monthly users, as announced by Meta CEO Mark Zuckerberg.
- WhatsApp, acquired by Facebook in 2014, remains ad-free and a key platform for Meta's AI strategy.
- Meta's CFO mentioned that WhatsApp sees strong Meta AI usage, particularly in one-on-one chats.
- Meta is focusing on advancing AI experiences, including through the newly released Meta AI app and AI tools for WhatsApp Business.
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TechDigest
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Image Credit: TechDigest
Meta Q1 earnings exceed expectations, Soviet rocket to crash back down to earth
- Meta reported Q1 earnings of $42.32bn, surpassing expectations with $6.43 earnings per share.
- European users could face worsened experiences post-regulatory decision by the European Commission regarding Meta's data collection model.
- A Soviet rocket fragment, Cosmos 482, is anticipated to crash down to Earth after being in orbit for 53 years.
- Tesla denies reports of seeking a replacement for Elon Musk as CEO amid frustrations and sinking share price according to The Wall Street Journal.
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Insider
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Image Credit: Insider
Carrots and sticks: How Google, Microsoft, and Meta are reshaping performance management
- Silicon Valley tech giants like Google, Microsoft, and Meta are shifting towards stricter performance management strategies emphasizing rewards and consequences to improve efficiency and productivity.
- Companies like Google are offering more rewards for high performers without increasing the overall budget, while Microsoft is implementing a policy where underperforming employees must either leave voluntarily with a payout or face a Performance Improvement Plan (PIP) with strict deadlines.
- Meta has also adopted performance-based culling, aiming to cut around 5% of its lowest-performing workforce annually, reinforcing the shift towards a more intense work environment with consequences for poor performance.
- The broader trend in the tech industry reflects a focus on driving success through intensity and ruthless execution, with performance ratings becoming crucial and the divide between rewards for high performers and consequences for low performers growing starker.
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Insider
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Image Credit: Insider
Mark Zuckerberg says a relationship with Trump is 'necessary' for Big Tech
- Mark Zuckerberg believes having a productive relationship with the government, including Trump administration, is necessary for American companies.
- Zuckerberg criticized the Biden administration's engagement with Meta and mentioned frustrations with their approach towards the business community.
- He emphasized that building a strong relationship between Big Tech and the government is essential for making progress in technology.
- High-profile tech leaders like Zuckerberg have been increasingly aligning with President Trump, including attending events like his inauguration and making donations to his inaugural fund.
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Semiengineering
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Image Credit: Semiengineering
Photonics Speeds Up Data Center AI
- Photonics plays a vital role in accelerating AI in data centers, with the optical components market reaching $17 billion in revenue last year.
- Datacom sector, particularly AI-driven data centers, now contributes over 60% to the optical components market, fueling the growth of optical technologies.
- The demand for high-bandwidth, low-latency networking solutions in AI data centers driven by the exponential growth of Large Language Models (LLMs).
- Transition from pluggable optics to Co-Packaged Optics (CPO) in scale-out network can significantly reduce power consumption and increase GPU density.
- Reliability is crucial when moving from copper to optics to CPO, especially in AI data centers where large volumes and high yields are imperative.
- Scale-up interconnects in AI data centers currently rely on copper-based solutions, but the shift towards CPO is imminent for future optical requirements.
- TSMC is deeply engaged in the development of AI chips and is preparing for co-packaged optics in their technology roadmap.
- The optical industry foresees widespread adoption of Co-Packaged Optics (CPO) by the 2030s, with the market projected to reach $5 billion by 2030.
- Early entrants like Broadcom, Marvell, Ayar Labs, Celestial AI, and Lightmatter stand to benefit from the growing CPO market alongside laser suppliers like Coherent.
- By the mid-2030s, it is predicted that all interconnects in data centers will be optical and Co-Packaged Optics will be integral to the infrastructure.
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BGR
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Image Credit: BGR
Meta wants to add more AI features to WhatsApp without impacting end-to-end encryption
- Meta, formerly Facebook, aims to introduce more AI features to WhatsApp while ensuring end-to-end encryption remains intact.
- WhatsApp, acquired by Facebook (now Meta), maintains its end-to-end encryption, a feature crucial for user privacy.
- The encryption has been preserved since before Facebook's acquisition, despite limiting opportunities for monetization of WhatsApp.
- Meta's plan to enhance WhatsApp with AI features is aimed at improving user experience without compromising the encryption.
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Pymnts
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Image Credit: Pymnts
App Makers Form Lobbying Group to Challenge Smartphone Manufacturers
- Meta, Spotify, Match Group, and Garmin have formed a lobbying group, the Coalition for a Competitive Mobile Experience (CCME), to combat anti-competitive practices by smartphone platform owners.
- CCME aims to advocate for hardware and software interoperability, a level playing field in the app marketplace, and age verification in app stores.
- The group believes smartphone providers should ensure seamless compatibility with competitors' software and apps, app store providers should allow competing stores without interference, and app stores should enforce age-based restrictions.
- The formation of CCME coincides with a push for legislation on age verification, with app makers arguing for responsibility on app stores and Apple and Google maintaining that apps should handle it.
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TechCrunch
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Image Credit: TechCrunch
Meta forecasted it would make $1.4T in revenue from generative AI by 2035
- Meta predicted its generative AI products would generate $2 billion to $3 billion in revenue in 2025 and potentially reach between $460 billion to $1.4 trillion by 2035.
- The court documents revealed that Meta has revenue-sharing agreements for its open Llama collection of models, launched an API for customizing and evaluating Llama models, and plans to monetize Meta AI with ads and subscription options.
- Meta is heavily investing in its AI product groups, with the GenAI budget exceeding $900 million in 2024 and potentially crossing $1 billion this year, excluding infrastructure costs.
- There were discussions of Meta potentially spending millions to acquire training data for Llama from authors but allegedly opted for controversial methods like mass ebook piracy. Meta has not yet commented on these claims.
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Pymnts
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Image Credit: Pymnts
Meta Leans Into AI and Subscriptions to Future-Proof Its Ecosystem
- Meta plans to increase spending on AI data centers to embed the technology in its family of apps, with a capital expenditure of $64 billion to $72 billion.
- Meta's CEO, Mark Zuckerberg, highlighted the transformative power of AI and the company's focus on improving ads, enhancing business messaging, and developing AI chatbots.
- Meta reported an increase in net income, revenue, and active users, with its Reality Labs division experiencing operating losses despite growth in sales of smart glasses.
- Meta faces challenges in Europe due to the Digital Markets Act violations, expecting significant impacts on its European business and revenue by the third quarter of 2025.
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