Tech

The first “Meta Store” is opening in California in May

Enlarge / The first Meta Store won’t necessarily be your one-stop shop for all things sold by Meta—as this artistic interpretation points to one thing not sold by the store until further notice. (credit: Aurich Lawson | Getty Images) On May 9, Meta will double down on its metaverse sales pitch by… making people drive […]

Tech

Meta announces plans to monetize the Metaverse, and creators are not happy

Enlarge / A purchase confirmation dialog in Horizon Worlds. (credit: Meta) Meta, the company formerly known as Facebook, announced some initial plans on Wednesday to allow content creators to monetize in its would-be Metaverse platform, Horizon Worlds. Meta’s planned revenue share for contributors’ creations could add up to nearly 50 percent. Horizon Worlds is a […]

Tech

Facebook says Ukraine military accounts were hacked to post calls for surrender

Enlarge / Ukrainian soldiers sit on an armored military vehicle in Sievierodonetsk on April 7, 2022, amid Russia’s invasion of Ukraine. (credit: Getty Images | Fadel Senna) Facebook today reported an increase in attacks on accounts run by Ukraine military personnel. In some cases, attackers took over accounts and posted “videos calling on the Army […]

Tech

Project “Zuck Bucks”: Meta plans virtual coin after cryptocurrency flop

Enlarge (credit: Financial Times | Getty) Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps, as Facebook’s parent company pursues its finance ambitions despite the collapse of a project to launch a cryptocurrency. The company, led by chief executive Mark Zuckerberg, is seeking alternative revenue streams and new […]

Tech

Meta can’t buy TikTok, so it hired GOP operatives to run a smear campaign

Enlarge (credit: Jakub Porzycki/NurPhoto) If you can’t beat ’em, smear ’em. That appears to be Facebook’s approach when it comes to countering the threat from TikTok, according to a new report in The Washington Post. Meta, Facebook’s parent company, has hired Targeted Victory, a large Republican consulting firm, to place stories in op-eds in local […]