Tag: Zuckerberg

Harvard dropout and Facebook founder mark Zuckerberg backs insurgent for university role
26Jan By adminNo Comments
Technology

Harvard dropout and Facebook founder mark Zuckerberg backs insurgent for university role

[ad_1] A Harvard College graduate trying to win a seat on a prestigious alumni council won backing from one of the school's most famous dropouts: Facebook founder Mark Zuckerberg. Sam Lessin, a venture capitalist who once worked at Zuckerberg's social media giant, began campaigning last month for the Board of Overseers — a group that counsels university leadership on plans, priorities and strategic initiatives. Lessin said Zuckerberg and his wife, Priscilla Chan, would join him on a Zoom call Friday to discuss his effort to get on the overseers ballot as a write-in candidate. “In light of the evolving situation on Harvard's campus and the administration's abysmal response, I want to join the Harvard Board of Overseers to help Harvard move forward,” Lessin wrote on LinkedIn. Chan and Zuc...
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Facebook parent Meta makes public its ChatGPT rival LLaMA
19Jul By adminNo Comments
Technology

Facebook parent Meta makes public its ChatGPT rival LLaMA

[ad_1] Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google's Bard but it's taking a different approach: releasing it for free.Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as LLaMA 2, free for research and commercial use. Much like tech peers Google and Microsoft, the social media company has long had a big research team of computer scientists devoted to advancing AI technology. But it's been overshadowed as the release of ChatGPT sparked a rush to profit off of “generative AI” tools that can create new prose, images and other media. Meta has also tried to distinguish itself by be...
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Surprise! Threads does a Twitter, announces ‘rate limits’ on number of posts; Elon Musk reacts
18Jul By adminNo Comments
Technology

Surprise! Threads does a Twitter, announces ‘rate limits’ on number of posts; Elon Musk reacts

[ad_1] On July 1, Twitter executive chair and CTO Elon Musk announced via a tweet that the microblogging platform will be slapping temporary rate limits on users to “address extreme levels of data scraping” and “system manipulation”. The move became highly unpopular on the platform and witnessed many users even leaving it for rivals such as Mastodon and BlueSky, both of which witnessed a major uptick in new users. Now, less than a month later, Instagram's Twitter-rival Threads has also been forced to apply rate limits in order to fight spam attacks on the platform. And Elon Musk reacted in a hilarious manner to this move.Instagram head Adam Mosseri said on Threads, “Spam attacks have picked up so we're going to have to get tighter on things like rate limits, which is going to mean more ...
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Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut
2Jun By adminNo Comments
Technology

Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut

[ad_1] Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company's next-generation mixed reality headset, the Quest 3, as it braces for Apple to potentially reshape a nascent market that Meta has dominated so far.Priced starting at $499, the device will be 40% thinner than the company's previous headset and feature color mixed reality, which combines augmented and virtual reality (AR/VR) elements, Zuckerberg said in an Instagram post. Meta also said it would lower the prices of its existing Quest 2 headsets, while adding performance upgrades aimed at delivering a smoother user experience. The Quest 3 will have a new Qualcomm chipset with twice the graphics performance as the Quest 2, Zuckerberg said. He said the device would launch in the autumn and promised more details at th...
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Memo to Zuckerberg: Be like Satya Nadella
28Apr By adminNo Comments
Technology

Memo to Zuckerberg: Be like Satya Nadella

[ad_1] The non-believers can take a back seat. Meta Platforms Inc.'s year of efficiency is on track thanks to the dependability of its core businesses. The company said Wednesday that its digital ad sales rebounded during the first quarter, buying Mark Zuckerberg some more time as he continues to spend billions on the metaverse and on improving Meta's use of artificial intelligence. Now if he's serious about Meta's growth for the long term, he should consider even more uncomfortable strategies besides job cuts and bigger investments in AI, which so far appear to be paying off.“We are no longer behind in building out our AI,” Zuckerberg told investors on a call Wednesday. He spoke about introducing “AI agents” to billions of people, using them to improve customer service chats with busin...
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Meta Shares Soar as Zuckerberg Ushers in ‘Year of Efficiency’
2Feb By adminNo Comments
Technology

Meta Shares Soar as Zuckerberg Ushers in ‘Year of Efficiency’

[ad_1] Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.The company's shares gained more than 20% in late trading on fourth-quarter revenue that beat expectations. Zuckerberg, who has spent the past year promising a faraway future in a digital world called the metaverse, on Wednesday was more focused on immediate problems, such as sending users the most relevant videos at the right time, and finally making significant revenue from messaging products. He called 2023 the “Year of Efficiency.” “We're working on flattening our org structure and removing some layers of middle management to make decisions faster, as wel...
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iPhone Sales, Zuckerberg’s Metaverse Bet, Spotify Pricing: Earnings to Watch
29Jan By adminNo Comments
Technology

iPhone Sales, Zuckerberg’s Metaverse Bet, Spotify Pricing: Earnings to Watch

[ad_1] Around 25% of S&P 500 companies have reported so far this earnings season, with almost half beating sales estimates and over 70% exceeding earnings consensus. The US economy grew faster than expected in the last quarter of 2022, but the mixed GDP report also showed consumer spending that was slower than forecast, suggesting that the burden of rising prices and higher borrowing costs will continue to pressure demand as this year progresses. Following the ongoing trend, investors will look to companies reporting earnings next week to provide further insight into their expectations surrounding the impact of worsening economic conditions on their target customers.Around 25% of S&P 500 companies have reported so far this earnings season, with almost half beating sales estima...
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