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How Meta's VR bet has played out a decade after its acquisition of Oculus; the company's metaverse division lost $42B between the end of 2020 and Q1 2024 (Brian Heater/TechCrunch) 05-04-2024

Brian Heater / TechCrunch: How Meta’s VR bet has played out a decade after its acquisition of Oculus; the company’s metaverse division lost $42B between the end of 2020 and Q1 2024  —  Has Zuckerberg’s promise of world-changing technology arrived?  —  Every year, Time Magazine issues a list of the 200 best inventions of the past 12 months. Lees verder op Tech Meme

India's IT minister says the country is looking to frame a “balanced” AI law that will protect news publishers and content creators while minimizing user harm (The Economic Times) 05-04-2024

The Economic Times: India’s IT minister says the country is looking to frame a “balanced” AI law that will protect news publishers and content creators while minimizing user harm  —  Global AI regulation discussions intensify as companies seek fair compensation for AI data training from publishers. Lees verder op Tech Meme

Coinbase says it was granted a restricted dealer license in Canada, meeting the country's strict crypto demands as it pushes to expand abroad amid SEC crackdown (Ryan Browne/CNBC) 05-04-2024

Ryan Browne / CNBC: Coinbase says it was granted a restricted dealer license in Canada, meeting the country’s strict crypto demands as it pushes to expand abroad amid SEC crackdown  —  Coinbase has been granted a registration license in Canada, the company told CNBC, allowing it to make deeper inroads abroad … Lees verder op Tech Meme

Filings: Apple laid off 600+ employees in California; some layoffs correspond to addresses where Apple's display and car research teams were reportedly based (Mark Gurman/Bloomberg) 05-04-2024

Mark Gurman / Bloomberg: Filings: Apple laid off 600+ employees in California; some layoffs correspond to addresses where Apple’s display and car research teams were reportedly based  —  The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or WARN program. Lees verder op Tech Meme

Filing: Meta rejects the FTC's bid to amend its 2020 privacy settlement, saying it voluntarily disclosed two Messenger Kids bugs and had no parent complaints (Leah Nylen/Bloomberg) 05-04-2024

Leah Nylen / Bloomberg: Filing: Meta rejects the FTC’s bid to amend its 2020 privacy settlement, saying it voluntarily disclosed two Messenger Kids bugs and had no parent complaints  —  – Messenger Kids let some chat, video-call with unapproved users  — FTC opened internal proceeding seeking to change 2020 order Lees verder op Tech Meme