Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs has lost $45B+ since 2020's end
It's burned $45 billion on the metaverse since the end of 2020. — https://www.cnbc.com/... #tech #meta #metaverse #vr X: Jason Kint / @jason_kint : So generous. This is very likely just more aggres...
Portal, a startup building a BTC-based cross-chain decentralized exchange and wallet, raised a $34M seed from Coinbase and others, taking its funding to $42.5M
- Portal has raised $34 million in a seed funding round from Coinbase Ventures, OKX Ventures and others.
Nvidia announces DLSS 3.5 with AI-powered Ray Reconstruction, designed to recognize patterns within a noisy image and improve clarity, available on all RTX GPUs
I'm continually impressed with how far my coworkers have been able to evolve DLSS, from its humble beginnings to this suite of state of the art tech. — https://www.youtube.com/... X: Tom Warren / @t...
Sony announces the $200 Pulse Explore headphones, utilizing its new PlayStation Link tech to connect to the Portal and offer low-latency performance
In addition to announcing the price of its upcoming PlayStation Portal remote gaming gadget, Sony also shared new details today …
Andrew Bosworth talks about Meta's decision to discontinue Portal and how the company nearly made a deal to license Portal's tech and platform to Amazon in 2020
Meta's CTO Andrew Bosworth told BuzzFeed News how a deal to keep the Portal software going almost happened.
Source: Meta will stop selling its Portal smart display as a consumer product, instead focusing on selling future versions to businesses
Janko Roettgers / Protocol :
A look at the brewing rivalry between Meta and Apple over VR and AR headsets, smartwatches, smart home devices, and digital services
all thanks to AR/VR Mike Peterson / AppleInsider : Apple, Meta on ‘collision course’ in wearables, home, and AR markets Tweets: @thefalcondive : #Metaverse is going to be huge. I don't understand why ...
Internal memo: Facebook has quietly killed the “Hey Facebook” wake word for Portal, as customers were confused by the phrase and it was affecting usage
Sylvia Varnham O'Regan / The Information : Tweets: @grahamstarr and @amir Tweets: Graham Starr / @grahamstarr : “Hey Facebook” is causing confusion. Portal will only respond if everyone says “Howdy, ...
Facebook Portal Go review: portable with decent ~6 hour battery life and good camera tracking, but too few apps and requires a Facebook or WhatsApp account
The main selling point of Facebook's line of Portal devices has always been its video chat capabilities.
Facebook is rolling out an opt-in feature, allowing “Hey Facebook” to be used as a wake word for its Portal displays and Oculus Quest platform
Available on Portal smart displays and rolling out on Oculus Quest headsets — Facebook has introduced a new “Hey Facebook” …