Technology

Big Tech establishes common standards forum for metaverse but no Apple

On June 21, Meta and Microsoft and many other technology giants joined hands to establish a common standards-setting body for the metaverse without the participation of giant Apple. The Metaverse Standards Forum (MSF) includes the largest companies in the field, from microprocessor manufacturers to game companies. MSF was established with the role of setting common […]

Technology

Big Tech will soon deploy passwordless login technology on all platforms

On May 5, technology giants including Apple, Google and Microsoft made a joint announcement, pledging to support passwordless login with all mobile devices, computers and integrated browser platforms. incorporated in its products. The new technology will be available on Android and iOS, Chrome, Edge and Safari browsers as well as desktop devices running Windows and […]

Technology

Facebook is going into Google’s ‘fall down’?

Google’s business bets have cost the company billions of dollars, Meta seems to be repeating this with metaverse projects. Will changing the name change luck? In 2015, Google announced it would change its name to Alphabet to expand its business beyond advertising. Google executives say the decision is aimed at creating an ecosystem of thriving […]

Technology

Facebook’s ‘sad’ numbers

Facebook has had a ‘wake up’ in the past week with not so bright numbers. $200 billion: The biggest loss in history On February 3, after Facebook’s parent company Meta reported a drop in quarterly earnings, Meta’s shares plummeted more than 25%, causing the company’s market capitalization to lose more than 200 percent. billion USD. […]

Technology

Users drop, Facebook loses $200 billion in market capitalization

Facebook’s market capitalization evaporated $200 billion after reporting business results below expectations. Facebook’s change of name to Meta was not enough to distract investors from the perennial problem of the social media business: user decline. Not only on Facebook, but the number of Instagram and WhatsApp users also showed little change from the previous quarter. […]

Technology

Facebook faces a $3.2 billion lawsuit

Facebook faces a $3.2 billion class action lawsuit in the UK for allegedly abusing its dominant market position by exploiting the personal data of 44 million users. Liza Lovdahl Gormsen, a senior adviser to the UK’s Financial Conduct Authority (FCA), said it will represent Facebook users from 2015 to 2019 in the UK to bring […]