Meta announced "Personal Boundary" for Horizon Worlds and Horizon Venues, which "prevents avatars from coming within a set distance of each other, creating more personal space for people and making it easier to avoid unwanted interactions." Continue Reading →

The Social Network Effect

Facebook's power is a direct result of the network effect. Each user's utility of Facebook increases as the number of users increases. (Said simply, the more the merrier.) Continue Reading →
Meta announced that Facebook will end its face recognition feature. You know when you upload a picture and the app saves you time because it knows how to tag everyone? Facebook is going to turn that stuff off, but… it's not deleting any data and it's not going to stop using its tools internally. Continue Reading →

Facebook is Now Meta

Mark Zuckerberg announced Facebook will now be known as Meta. He is still chairman and CEO and still holds majority voting power. The corporate structure remains intact, and no changes in senior leadership were announced. Regardless of its name, the company will continue to serve roughly three out of four people who have access to the internet, and its revenue will still exceed $86 billion annually. With that in mind, here's the metadata about the Meta announcement. Continue Reading →
Addressing some of the recent "headwinds" facing Facebook, CEO Mark Zuckerberg said, "Good faith criticism helps us get better, but my view is that we are seeing a coordinated effort to selectively use leaked documents to paint a false picture of our company." Continue Reading →
The metaverse is all the rage right now. Facebook believes so heavily in the metaverse that it plans to rename itself to tie into its metaverse-based future. Shelly Palmer talks with Bianca Peters and Raegan Medgie about what the metaverse is -- and why you should care. Continue Reading →
Facebook AI has announced Ego4D, a project that is trying to give AI the ability to understand and interact with the world from a first-person perspective (the way that humans do). AI typically learns from photos and videos captured in third-person, but next-generation AI will need to learn from videos that show the world from the center of action. Continue Reading →
Facebook is proposing a new cryptocurrency called Diem. Backed by U.S. Dollars, Euros, and other hard currencies, Diem will be a stablecoin tied to a permissioned blockchain (that one day may become permissionless). Continue Reading →