Facebook the company rebrands as Meta to take us all into the metaverse

Over the past few weeks we've heard increasing rumors about a Facebook rebranding as Metaverse, and well, some of that turns out to have been true. Facebook the company is now called Meta (no -verse). That said, Facebook the social network is still going to be Facebook. Meta is now the name of the company that owns Facebook, Instagram, WhatsApp, and Oculus. Meta will be structured in two operating segments: Family of Apps and Reality Labs. Those names are pretty self explanatory, with all of the apps you know and hate (or love?) living under the former, while everything VR and AR is...

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In the pandemic economy, tech companies are raking it in

Illustration by Alex Castro / The Verge From a pure entertainment perspective, I am genuinely sorry that the House’s antitrust hearing targeting the big four tech companies — Amazon, Apple, Facebook and Google — took place Wednesday instead of next week. Because literally a day after a meeting attempting to determine if Big Tech was too big, three of the four companies in the hearing got bigger . (Google’s parent company, Alphabet, had a decline in revenue of about 2 percent, mostly due to a decline in search ads — but this was still better than analysts predicted .) None of these companies wanted their earnings numbers read aloud to them before questioning began The hearing was about how tech companies have consolidated their power . The coronavirus seems to be making that... Continue reading… from The Verge - All Posts https://bit.ly/33bChoU

Mozilla to launch own VPN soon; likely to be available first in US at $4.9 per month

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Major blow to China's plan to dominate silicon production as Netherlands curbs chip-related exports to China

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