2023-03-01
Meta top executive meeting today “Himel said the company thinks it can make a higher average revenue per user than what it makes currently in social media, thanks to a combination of selling virtual goods, optional addons like cloud backups, and AR ads.” https://www.theverge.com/...
The Verge
Meta's internal four-year AR/VR roadmap: three Quest headsets, smart glasses with a display and a “neural interface” smartwatch in 2025, and AR glasses in 2027
During an internal presentation, Meta execs laid out plans for three new Quest headsets, AR glasses in 2027, and a ‘neural interface’ smartwatch.
2023-02-20
This type of superficial status gain is going to be a smash hit on IG. It's going to be much more popular than on twitter I just wonder what this means in the social ecosystem. This creates a 2nd-class citizen group that will receive fewer features Not sustainable long term imo https://twitter.com/...
Facebook
Meta announces Meta Verified, offering a blue badge, impersonation protection, and customer support for $12 per month on the web or $15 per month on iOS
Good morning and new product announcement: this week we're starting to roll out Meta Verified — a subscription service that lets …
I hate this. @mosseri Meta should democratize their products instead of alienating 95% of their non-paying consumers. This doesn't seem like long-term thinking by Zuck. https://twitter.com/...
Facebook
Meta announces Meta Verified, offering a blue badge, impersonation protection, and customer support for $12 per month on the web or $15 per month on iOS
Good morning and new product announcement: this week we're starting to roll out Meta Verified — a subscription service that lets …
2023-02-13
WSJ claims that Pico holds a 15% market share in VR. and that Meta dropped from 90% to 75%. This does not seem accurate at all. https://www.wsj.com/...
Wall Street Journal
IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period
Wall Street Journal :
2023-02-08
Zuckerberg does not waste time. The “year of efficiency” will be very interesting. https://twitter.com/...
Bloomberg
Sources: Meta asks many of its managers and directors to transition to individual contributor jobs or leave the company, “flattening” the organization
Bloomberg :
2023-02-02
Alright, who here has been using the Facebook app raise your hand. I know you are all lying through your teeth. Cmon, don't be shy. https://twitter.com/...
Engadget
Meta says Facebook had 2B daily active users at the end of Q4, after adding 16M DAUs; WhatsApp crossed 2B daily active users in October 2022
Karissa Bell / Engadget :
Alright, who here has been using the Facebook app raise your hand. I know you are all lying through your teeth. Cmon, don't be shy. https://twitter.com/...
Meta
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 24%+
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
2023-02-01
Remember @evanspiegel praising Apple's ATT? Not realizing it was about to kill his own business.
CNBC
Snap reports Q4 revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, and a $288M net loss, vs. $23M in net income YoY; stock drops 14%+
whatever their other merits, which may actually be good overall —have been dire for Snap: In the past 4 March quarters, it grew between 38 and 66 per cent, year-on-year. Now, growt...
2023-01-13
I wonder what are $MSFT's plans with HoloLens. Meta poached their best engineers. https://twitter.com/...
Bloomberg
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model
2022-10-27
I am coming to the realization that $META will not curbe down their costs. Or they will in 2024. This is devastating. But in the long term, it doesn't matter. It's clear that FOA is Strong -Increased engagement -Increased DAU/MAU worldwide -Increased Time Spent
Meta - Investor Relations
Meta reports Q3 revenue down 4% YoY to $27.7B, net income down 52% YoY to $4.4B, family daily active people up 4% YoY to 2.93B, and headcount up 28% YoY
MENLO PARK, Calif. - October 26, 2022 - Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
2022-09-26
I'm understand by the day why $META is spending so much on their ai supercluster. I understand it's use cases for the metaverse, but will it show results for ad attribution?
UploadVR
In a new paper, Meta researchers demonstrated a system that can reconstruct a user's plausible pose from only the Quest 2's sensors using reinforcement learning
David Heaney / UploadVR :
Full body tracking with only Headset and Controllers as input. That's with Quest 2 controllers, not even Cambra controllers (with cameras of their own) Quest has a history of introducing software that makes the product much better. Impressive stuff! https://twitter.com/...
UploadVR
In a new paper, Meta researchers demonstrated a system that can reconstruct a user's plausible pose from only the Quest 2's sensors using reinforcement learning
David Heaney / UploadVR :
2022-09-17
[Screen capture of a DM to Adam Mosseri that reads: “Tell Zuck to buy back more stock"]
CNBC
Meta's stock has lost 61% of its value in the past 12 months, by far the biggest slide among Big Tech stocks and more than 2x the drop in the Nasdaq Composite
- Meta shares dropped below the company's pandemic nadir during the day on Friday and are down more than 60% for the year.
@traderyau Mosseri does Q&A every week, he has yet to answer a single of my questions
CNBC
Meta's stock has lost 61% of its value in the past 12 months, by far the biggest slide among Big Tech stocks and more than 2x the drop in the Nasdaq Composite
- Meta shares dropped below the company's pandemic nadir during the day on Friday and are down more than 60% for the year.
2022-08-30
@MattNavarra Meta: Copy Snap: NO ITS DIFFERENT I PROMISE
Engadget
Snap adds a Dual Camera feature to Snapchat for iOS, letting users capture photos and videos using their phone's front-facing and rear cameras simultaneously
Karissa Bell / Engadget :
2022-08-14
Wow! That's a great news. Marketplace has product market fit and having it delivered means $META could also process the transaction. https://twitter.com/...
Wall Street Journal
Meta is testing having DoorDash deliver Facebook Marketplace purchases; sources: the service delivers items that fit in a car trunk and are up to 15 miles away
Wall Street Journal :
2022-08-13
Wow! That's a great news. Marketplace has product market fit and having it delivered means $META could also process the transaction. https://twitter.com/...
Wall Street Journal
Meta is testing having DoorDash deliver Facebook Marketplace purchases; sources: the service delivers items that fit in a car trunk and are up to 15 miles away
The service will pick up and deliver items that fit in a car trunk to destinations up to 15 miles away
2022-07-27
WTF, WHO SAW THIS COMMING. Even after this price increase, it is the best deal in VR. Maybe it actually covers costs now https://twitter.com/...
UploadVR
Meta plans to increase the prices of its Quest 2 headsets to $400 for 128GB and $500 for 256GB on August 1, and bundle Beat Saber for free through December 31
The price for a new Quest 2 is jumping to $399 as Meta says “the costs to make and ship our products have been on the rise.”
2022-07-26
Tiktok creators have almost no way of mkaing money. while $META is comming up with monetization from everywhere. I think over the next few months, Tiktok creators will switch back to $META services. https://twitter.com/...
TechCrunch
Meta launches Music Revenue Sharing to let US creators include licensed music in their 60+ second Facebook videos and earn a 20% share of in-stream ad revenue
@taychikeng Is there an alternative to TT in China when it comes to short form video? IG is bigger and monetize better than TT. But I do agree that the users on TT is so big that content creators cant ignore it, and marginal cost to post on both platforms is practically 0
TechCrunch