Meta introduces AI models for video generation, image editing

Social media giant Meta has introduced its latest artificial intelligence (AI) models for content editing and generation, according to a blog post on Nov. 16. The company is introducing two AI-powered generative models. The first, Emu Video, which leverages Meta's previous Emu model, ...

Will weakness in Magnificent 7 stocks spread to Bitcoin price?

The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the pote ...

Meta’s assault on privacy should serve as a warning against AI

In an increasingly AI-driven world, blockchain could play a critical role in preventing the sins committed by apps like Facebook from becoming widespread and normalized.Artificial intelligence platforms such as ChatGPT and Google’s Bard have entered the mainstream and have already be ...

Revolutionizing social networks with Web3: Phaver and Cyberconnect AMA

CEO & co-founder of Phaver Joonatan Lintala and head of marketing at Cyberconnect Abhi Raheja discussed the innovations of their projects and aspects of SocialFi during the recent Cointelegraph live AMA show. Here are the highlights from the interview: ...

Meta sinks $3.7B in metaverse money pit as CEO eyes Threads user retention

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.Its second-quarter 2023 results released on July 26 saw Meta report an 11% revenue gain compared to the same quart ...

Web3 has permanently changed how marketing works

My journey into Web3 marketing officially began when I joined ConsenSys as chief marketing officer in 2016, where I built the first Web3 marketing team and helped bring Ethereum as well as the ConsenSys brand and many early Ethereum-based tools and applications to market. During my time at ...

Meta’s Twitter rival Threads to launch July 6, but will the crypto community budge?

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.The platform, which is heavily tied to the photo and video-sharing social network Instag ...

‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines.The new draft bill would see the country's media regulator — the Australian Communications and Media Authority (ACMA) & ...

Canadian lottery winner targeted by cryptocurrency scammers on Facebook

Scott Gurney, a 58-year-old Canadian man who won $55 million in a lottery, has become a victim of cryptocurrency scammers who are impersonating him on Facebook. These scammers are creating fake accounts with his name and photo, and then sending friend requests to unsuspecting users. On these f ...

Australian Billionaire Gina Rinehart’s Name Used in Cryptocurrency Scam Ads

Cryptocurrency fraudsters have resorted to using the identity of one of the wealthiest women in Australia, Gina Rinehart, who is the owner of Hancock Prospecting, to advertise their schemes. The scammers are claiming that Rinehart has invested in a particular cryptocurrency startup and that users ...

Meta Announces End of Digital Collectibles on Facebook and Instagram

Meta, the parent company of Facebook and Instagram, has announced a major update that will affect digital collectibles on the platforms. Starting from April 11th, users will no longer be able to post with digital collectibles, and the collectibles previously posted will lose their blockchain info ...

Meta* joins the race to create a ChatGPT-like AI chatbot

Meta* has recently announced its plan to develop a new chatbot based on artificial intelligence (AI), joining the growing list of technology companies that are inspired by the success of OpenAI's ChatGPT chatbot. The CEO of Meta*, Mark Zuckerberg, shared the news on Facebook* that the company wou ...

Meta Ends Support for NFTs on Facebook and Instagram

Meta has recently declared that it will no longer provide support for non-fungible tokens (NFT) on its social media platforms, Facebook and Instagram. This feature was introduced merely 10 months ago. According to Stephane Kasriel, the head of commercial and financial technology at Meta, the deci ...

Facebook founder still believes in virtual worlds despite lack of development progress

Zuckerberg's unwavering faith in the potential of virtual worlds has led him to pledge billions of dollars towards their development, even in the face of slow progress. As per Zuckerberg, the Reality Labs metaverse unit remains a key focus for the c ...