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Mark Zuckerberg has detailed some of Meta’s plans to build a wallet that stores digital identities and goods, which it hopes to use in the metaverse. Mark Zuckerberg announced on Wednesday that Facebook Pay has officially become Meta Pay, but his post is mainly focused on what the company hopes to build in the future — “a wallet for the metaverse.” While Meta Pay is essentially the same

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Mark Zuckerberg has so many VR headset prototypes to show us

At a virtual roundtable, Meta’s Reality Labs showed off several different VR headset prototypes, codenamed Butterscotch, Starburst, Holocake 2, and Mirror Lake. Meta’s Reality Labs division has revealed new prototypes in its roadmap toward lightweight, hyper-realistic virtual reality graphics. The breakthroughs remain far from consumer-ready, but the designs — codenamed Butterscotch, Starburst, Holocake

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DC attorney general sues Mark Zuckerberg over Cambridge Analytica scandal

DC Attorney General Karl Racine has sued Meta CEO Mark Zuckerberg over Facebook’s 2018 Cambridge Analytica data scandal, arguing it violated consumer protection laws. District of Columbia Attorney General Karl Racine has sued Meta CEO Mark Zuckerberg over the Facebook Cambridge Analytica scandal. The suit alleges that Zuckerberg was “directly responsible” for creating the lax privacy rules that allowed the

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Amazon hardware exec takes another swipe at Zuckerberg’s metaverse fantasy

Amazon’s head of devices has said that he doesn’t want to live in a virtual world all day, and that he’d prefer to make devices that let people live in the real world. Meta and its CEO Mark Zuckerberg can’t catch a break — everyone just keeps saying that they don't want to live in the metaverse. This week, it’s Amazon’s head of devices David Limp, who said that he doesn’t want to live in a virtual world

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Here’s Mark Zuckerberg demonstrating Meta’s high-end Project Cambria VR headset

Mark Zuckerberg is ready to show off what Meta’s next virtual reality headset can do, even as it keeps Project Cambria hidden. A brief video shows its full color augmented reality running demo software. Mark Zuckerberg just shared a short demo video showcasing some of the capabilities of Meta’s upcoming high-end virtual reality headset, Project Cambria. While keeping the device itself cloaked, Meta highlights the upcoming headset’s ability to

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Mark Zuckerberg wants to spend big on the metaverse, but investors are skeptical

After reporting its slowest revenue growth as a public company, Facebook CEO Mark Zuckerberg said the company would dial back its spending and focus on competing with TikTok. Mark Zuckerberg told the world last October that he was all in on the metaverse, and that the endeavor that would only get more expensive over time. Now that his company’s stock price has been hammered in recent months, he is dialing back that

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Mark Zuckerberg’s augmented reality

The company Meta, formerly called Facebook, aims to release its first true pair of augmented reality glasses in 2024, along with a futuristic wrist device for controlling them. Mark Zuckerberg has a grandiose vision for the metaverse, and he hopes that you’ll one day see the same thing, too — quite literally, through a pair of augmented reality glasses. Zuckerberg calls AR goggles a “holy grail” device that will

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NFTs will be on Instagram soon, according to Mark Zuckerberg

Meta is planning on adding NFT integration to Instagram, according to CEO Mark Zuckerberg. While he was light on details, the company plans on letting users mint NFTs on the social network. Mark Zuckerberg said that Meta would add NFTs to Instagram, according to Engadget and The Daily Beast. While he didn't describe exactly what that would look like, he said during a session at South By Southwest that "over the next several months, the

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Chan Zuckerberg Initiative announces tens of millions in funding for climate tech

Mark Zuckerberg and Priscilla Chan’s philanthropy organization announced $44 million in funding for climate solutions, with a heavy focus on carbon dioxide removal. The Chan Zuckerberg Initiative (CZI), the philanthropic organization founded by Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, pledged $44 million in funding for solutions to climate change today. Most of the money goes towards efforts to

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Federal appeals court pauses FDA ban on Juul’s e-cigarettes

A court has ruled that Juul can keep selling its products while the company prepares an emergency motion to stay the FDA’s recent order preventing sales of the Juul device and Juul pods. Juul can continue selling its e-cigarettes despite the Food and Drug Administration ordering a ban Thursday, according to the US Court of Appeals for the District of Columbia (via TechCrunch). In its order, the court says it’s issuing the

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Snoop Dogg and Eminem’s Bored Ape music video is here to try and sell us on tokens

To close out the ApeFest 2022 event, Snoop Dogg and Eminem present a new song and video, which features animations with their associated Bored Ape Yacht Club NFT characters, called From The D 2 The LBC. The last couple of weeks have had a lot of bad news for some in the “web3” space, but you wouldn’t know it by looking at announcements in and around the recently-ended NFT.NYC and ApeFest 2022 events. The Bored Ape Yacht Club’s (BAYC) annual

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