Meta plans to launch consumer-grade virtual reality headset next year

Meta plans to launch consumer-grade virtual reality headset next year



Meta has announced plans to launch another consumer-grade headset next year.


At the company’s earnings call late on Wednesday, Meta Founder and CEO said that the new high-end VR headset delivers high-resolution mixed reality to blend virtual objects into the physical environment around the users.


“Our goal for the Quest Pro line over the next several years is to enable more and more people to get their work done in virtual and mixed reality even better than they could on PCs,” said Zuckerberg.


“I think that our work is going to be of historic importance and create the foundation for an entirely new way that we will interact with each other and blend technology into our lives as well as the foundation for the long-term of our business,” he added.


Zuckerberg believes that the stronger prioritisation, discipline and efficiency will help to navigate the current environment and grow into an even better firm.


Recently, Zuckerberg in the presence of the company’s chairman and CEO Satya Nadella, had unveiled a VR headset Meta Quest Pro that was packed with features like full-colour mixed reality and was priced at $1,500.


“Meta Quest Pro was the first in a new line of advanced headsets built to expand the possibilities of virtual and mixed reality. Its pancake lenses folded light over several times, which reduces the size of the headset while showing sharper visuals,” said Zuckerberg at Meta Connect’ event late on Tuesday.


–IANS


aj/shb/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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JioMart on WhatsApp a big opportunity for us: CEO Mark Zuckerberg

JioMart on WhatsApp a big opportunity for us: CEO Mark Zuckerberg



As Meta doubles down on its monetisation drive across its family of apps, its Founder and CEO has said that on WhatsApp in India is going to be a big opportunity for the paid messaging market.


During the company’s Q3 earnings call, Zuckerberg said that paid messaging is another opportunity that we are starting to tap into.


“We launched on WhatsApp in India, and it’s our first end-to-end shopping experience that shows the potential for chat-based commerce through messaging,” Zuckerberg told analysts.


“So between click-to-messaging and paid messaging, I am confident that this is going to be a big opportunity,” he added.


In August, Meta and Jio Platforms launched an end-to-end shopping experience, where users can shop from e-commerce platform via using WhatsApp chat.


The new experience will enable the customers to browse the JioMart catalog, add products to the cart and make purchases all within WhatsApp.


Zuckerberg said that the company is putting the foundation in place now to scale the paid messaging ambition.


The JioMart-WhatsApp launch is part of a strategic partnership between Meta and Jio Platforms to accelerate India’s digital transformation and provide people and businesses of all sizes opportunities to connect in new ways and fuel economic growth in the country.


“Excited to launch our partnership with JioMart in India. This is our first-ever end-to-end shopping experience on WhatsApp — people can now buy groceries from JioMart right in a chat,” Zuckerberg had said in an earlier Post.


“Business messaging is an area with real momentum and chat-based experiences like this will be the go-to way people and businesses communicate in the years to come,” he added.


Users can start shopping on JioMart via WhatsApp by simply sending ‘Hi’ to the JioMart number on WhatsApp.


–IANS


na/dpb


 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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MeitY writes to Meta inquiring about two-hour WhatsApp outage: Report

MeitY writes to Meta inquiring about two-hour WhatsApp outage: Report



The central government has asked Meta about the reasons behind the two-hour outage on Tuesday. The Ministry of Electronics and Information Technology (MeitY), according to a report in the Economic Times (ET), wants to know if the disruption was due to an internal glitch or a cyberattack.


“We have asked them if the outage was due to internal factors or some external cyberattack. They will respond with the relevant details in a few days,” a senior ministry official was quoted as saying by ET.


The ministry has also asked the platform to coordinate with the Indian Computer Emergency Response Team (Cert-In) to find out if there were any “untoward” cyber incidents during the period of outage, the report added.


On Tuesday, users were not able to send or receive messages on for nearly two hours. It was among the longest outages the platform has ever faced. After the issue was fixed, Meta said that it had “fixed the issue”.


However, no explanation of the reason for the outage has been provided by the company. It is the second such outage faced by in less than one year. In October 2021, WhatsApp, and Instagram, all three platforms owned by Meta were down for over seven hours. The company had said that it was due to “configuration changes on the backbone routers that coordinate network traffic”.


On Tuesday, users faced issues not only with the platform’s app, but also with WhatsApp Web and WhatsApp Pay.


India has over 50 million users of WhatsApp.



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Amazon Smartphone Upgrade Days sale: Know offer details, discounts and more

Amazon Smartphone Upgrade Days sale: Know offer details, discounts and more


After the festival season sale, Amazon is now hosting ‘Smartphone Upgrade Days’ sale in which the e-commerce platform is offering exchange deals, bank offers, discounts, no-cost equated monthly installment scheme, and more on smartphones. The sale started on October 25 and would continue until October 28. In the sale, the e-commerce platform is offering discounts of up to 40 per cent on smartphones from OnePlus, Xiaomi, Samsung, Realme, and iQOO.


Besides, there is an instant cashback of up to 10 per cent for AU Bank, Federal Bank, and RBL Bank credit cardholders. For Prime members, Amazon is offering an additional three months no-cost equated monthly instalment with HDFC bank cards and 6 months free screen replacement. Here are the details of the deals and offers:

iQOO

The iQOO Z6 5G and iQOO Z6 Lite 5G are available at Rs 14,999 and Rs 13,249, respectively. The price is inclusive of all offers, including up to Rs 1,000 and Rs 750 off on bank credit and debit cards. Both the smartphones are powered by a 5,000 mAh battery. iQOO Z6 5G comes in chromatic blue and dynamo black colours, whereas, iQOO Z6 Lite 5G comes in mystic night, stellar green, raven black, and lumina blue colours.


OnePlus

Inclusive of all discounts, the OnePlus Nord CE 2 and OnePlus 10R Prime are available at Rs 23,499 and Rs 29,499 respectively. The OnePlus Nord CE 2 is a midrange smartphone powered by Mediatek Dimensity 900 processor. The OnePlus 10R Prime is a mid-premium smartphone powered by Mediatek Dimensity 8100 Max processor.


Xiaomi

The Redmi Note 11T 5G, Redmi 10A, and Redmi Note 11 Pro + are available at an effective price of Rs 14,999, Rs 6,996, and Rs 18,499, respectively. The Redmi 9 Activ, Redmi A1, Redmi K50i are available at Rs 7,299, Rs 5,489, Rs 19,999, respectively. These smartphones are eligible for six months no-interest equated monthly instalment scheme.


Realme


Powered by a 5,000 mAh battery, the Realme Narzo 50 4G is available at a discounted price of Rs 9,999. The Realme Narzo 50i is available at Rs 5,749, inclusive of all offers and discounts. The Realme Narzo 50 and Realme Narzo 50i are powered by MediaTek Helio G96 processor and Unisoc SC9863 processor, respectively.


Samsung

Powered by MediaTek Dimensity 700 and 5,000 mAh battery, the Galaxy M13 5G is available at a discounted price of Rs 12,999 – inclusive of the cashback of Rs 1,000 on select bank credit and debit cards. The smartphone comes in 4GB + 64GB and 6GB + 128GB configurations.


Tecno

Inclusive of all discounts, the Tecno Pop 6 Pro is available at Rs 5,399. The smartphone is powered by a 5,000 mAh battery. It sports a 6.56-inch IPS screen of 120Hz refresh rate. Besides discounts, the phone is eligible for up to six months no-interest EMI offer.




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Apple may release 16-inch iPad next year, foldable iPad in 2024: Reports

Apple may release 16-inch iPad next year, foldable iPad in 2024: Reports



Apple might release a 16-inch display iPad next year, a media report said.


According to The Verge report, there were rumours about an iPad with a 14-inch to 15-inch screen, but this is the first mention of a 16-inch iPad.


The company’s largest iPad Pro model right now is of 12.9-inch, but adding a couple more inches of screen space will make the device ideal for creative workers.


Additionally, it will be useful for users who want to use Stage Manager, an iPadOS 16 feature that is designed to make switching between apps simpler.


The company’s watcher, Mark Gurman, recently suggested a larger device might arrive within the next year or two, the report said.


Ross Young, a supply chain analyst, backed up the forecast and predicted a 14.1-inch iPad Pro with Mini LEDs and a ProMotion display might be available as early as next year.


Recently, another report had said that the global technology brand might launch its first foldable iPad rather than iPhone in 2024.


It was forecasted that the iPhone maker began experimenting with foldable technology.


The company was exploring foldable technology for displays of around 20-inches in size.


According to the report, if Apple encountered any technical difficulties with the foldable phone, there would be a “feeding frenzy” among haters who would blame the tech giant for the flaws.


–IANS


aj/ksk/


 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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Meta fined .7 mn for violations of campaign finance disclosure

Meta fined $24.7 mn for violations of campaign finance disclosure



A Washington state judge on Wednesday fined parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history.


The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed for more than 800 violations of Washington’s Fair Campaign Practices Act, passed by voters in 1972 and later strengthened by the Legislature.


Washington Attorney General Bob Ferguson argued that the maximum was appropriate considering his office previously sued in 2018 for violating the same law.


Meta, based in Menlo Park, California, did not immediately respond to an email seeking comment.


Washington’s transparency law requires ad sellers such as Meta to keep and make public the names and addresses of those who buy political ads, the target of such ads, how the ads were paid for and the total number of views of each ad.


Ad sellers must provide the information to anyone who asks for it. Television stations and newspapers have complied with the law for decades.


But Meta has repeatedly objected to the requirements, arguing unsuccessfully in court that the law is unconstitutional because it unduly burdens political speech and is virtually impossible to fully comply with. While does keep an archive of political ads that run on the platform, the archive does not disclose all the information required under Washington’s law.


I have one word for Facebook’s conduct in this case arrogance, Ferguson said in a release.


It intentionally disregarded Washington’s election transparency laws. But that wasn’t enough. Facebook argued in court that those laws should be declared unconstitutional. That’s breathtaking. Where’s the corporate responsibility?”

In 2018, following Ferguson’s first lawsuit, Facebook agreed to pay $238,000 and committed to transparency in campaign finance and political advertising.


It subsequently said it would stop selling political ads in the state rather than comply with the requirements.


Nevertheless, the company continued selling political ads, and Ferguson sued again in 2020.


“Meta was aware that its announced ban’ would not, and did not, stop all such advertising from continuing to be displayed on its platform, North wrote last month in finding that Meta violation’s were intentional.


Each violation of the law is typically punishable by up to $10,000, but penalties can be tripled if a judge finds them to be intentional.


North fined Meta $30,000 for each of its 822 violations about $24.7 million.


Ferguson described the fine as the largest campaign finance-related penalty ever issued in the U.S.


Meta, one of the world’s richest companies, reported quarterly earnings Wednesday of $4.4 billion, or $1.64 per share, on revenue of nearly $28 billion, in the three month period that ended Sept. 30.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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