Bitcoin Tops Meta in Market Cap Amid Trump Election Surge

November 14, 2024

Catenaa, Thursday, November 12, 2024-Bitcoin has climbed to the 9th spot in global market capitalization, surpassing Meta Platforms following a surge driven by investor optimism over Donald Trump’s US presidential victory. Bitcoin’s market cap reached $1.46 trillion, with the cryptocurrency trading around $73,800, just behind Saudi Aramco. Analysts cite Trump’s potential pro-crypto policies, including the […]

Meta and LG Introduce ‘AI-XR Alliance’ for Cutting-Edge Technology

April 2, 2024

Seoul, Thursday, March 7, 2024- LG Electronics (LG) announced on February 28, 2024, their alliance with Meta Platform, Inc. (Meta) in the expansion of Extended Reality (XR). The integration is aimed at strengthening the inclusive services offered by both companies, driving inventive ecosystems in the virtual background. The decision was taken after the meeting, which […]

Meta Discontinues Quest Pro VR Headset

January 8, 2025

Catenaa, Wednesday, January 08, 2025 – Meta has officially discontinued its high-end Quest Pro virtual reality headset, redirecting consumers toward the more affordable and powerful Meta Quest 3. The Quest Pro, launched in October 2022 at $1,499 and later discounted to $999, struggled to gain traction in the competitive VR market.  Visitors to the Quest […]

Meta Struggles to Control AI Account Backlash

January 11, 2025

Catenaa, Friday, January 10, 2025 – Meta Platforms Inc. has deleted several AI-generated accounts following user backlash over their misleading profiles and false claims. The controversy erupted after Meta’s vice president of generative AI, Connor Hayes, shared plans for AI characters to resemble human users on its platforms, sparking concerns over transparency and user trust.  […]

Meta to Pay $50 Million to Australians Over Privacy Scandal

December 17, 2024

Catenaa, Tuesday, 17, 2024-Meta Platforms has agreed to a record AU$50 million settlement with Australia’s Information Commissioner, resolving a lawsuit over the Cambridge Analytica privacy scandal. The payment, announced Tuesday, marks the largest privacy-related settlement in Australia’s history.  The case stems from allegations that Facebook user data, collected through the “This Is Your Digital Life” […]

Metaverse – All the Information you Need to Know

April 23, 2023

Picture a realm where you could conduct a corporate rendezvous with a colleague while suspended in the farthest reaches of space, record lecture notes while basking in a breathtaking sunset, or even surpass that by instantaneously traveling from one corner of the planet to another. The Metaverse presents a notion that permits you to immerse […]

Whispers in Pixels as Meta’s Imagen Unravels AI’s Hidden Art

November 8, 2023

October 23, 2023: Meta, the parent company of Facebook and Instagram, announced the progress of its AI model called Imagen, which is capable of generating realistic images from text descriptions. It said that the model was trained on a massive dataset of images and text, and it can create images in various styles, including photorealistic, […]