Enterprise

Facebook changes name to Meta

Thoughts on the new name?

Published

on

Meta

That’s so Meta. At Connect 2021, Facebook Founder and CEO Mark Zuckerberg announced that the company will now be called Meta.

Under Meta will still be same family apps like Facebook, Messenger, Instagram, and WhatsApp. But there will also be their Reality Labs with Oculus, the Horizon VR platform and other VR and AR efforts which will expand Zuckerberg’s metaverse vision.

In their official release announcement, the company said “Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses.”

“The metaverse will feel like a hybrid of today’s online social experiences, sometimes expanded into three dimensions or projected into the physical world.” it added.

Zuckerberg and his metaverse

On the founder’s letter, Zuckerberg shared more about his metaverse vision. He said, “The defining quality of the metaverse will be a feeling of presence — like you are right there with another person or in another place.”

Zuckerberg previously demonstrated this with all of their VR and AR efforts with Oculus.

Meta

“In the metaverse, you’ll be able to do almost anything you can imagine — get together with friends and family, work, learn, play, shop, create — as well as completely new experiences that don’t really fit how we think about computers or phones today,” he added.

Zuckerberg insists that the metaverse won’t be created by Meta alone. He said it will be “built by creators and developers making new experiences and digital items” to “unlock a massively larger creative economy than the one constrained by today’s platforms and their policies.”

Misinformation hub

The announcement comes on the heels of whistleblower Frances Haugen detailing the dangers that the platform enables in the real world.

Facebook’s reputation is rapidly crashing down. For quite a while now, the social media platform has defended itself against claims of misinformation and anti-trust. However, though the company is holding its own in the courtroom, Facebook is now facing another internal battle. A Facebook whistleblower has revealed how consciously dangerous the platform is, especially in other countries.

Speaking to CBS’s “60 Minutes,” Haugen says the platform is more harmful in countries where there are no robust misinformation regulations. She noted how the lack of protection and fact-checking can lead to death.

“In a village in Africa, someone will send in a picture of a massacre that is allegedly happening in the next village and say, ‘grab your guns, come save your cousins,’” Haugen said.

Enterprise

Netflix co-founder Reed Hastings steps down as CEO

Names new successor

Published

on

Netflix’s 2022 was rocky, to say the least. After dropping long-time subscribers for the first time in a while, the streaming platform has resorted to a variety of strategies to entice users to stay. While only a few of the new initiatives have resulted in positive change, the company is still on its uphill climb to regain its position atop other streaming giants. Now, Netflix is moving towards more drastic changes.

As revealed by the platform’s quarterly earnings, Netflix co-founder Reed Hastings has stepped down as co-CEO of the company. However, Hastings will not completely leave the company. Instead, the co-founder will assume the role of executive chairman, leaving Ted Sarandos and the newly appointed Greg Peters as co-CEOs.

Currently, neither Hastings nor Netflix has revealed why the former is stepping down from the position. Of note, the platform even posted a growth in subscriber count for the past quarter. Netflix added 7.7 million new subscribers, eclipsing a projected growth of only 4.5 million subscribers. At the very least, Hastings has confirmed that he wants to work on share value and philanthropy going forward.

Last year, Netflix added new ways for users to engage with the platform. Now, besides watching movies and series, subscribers can play a gallery of mobile games. Users can also avail themselves of cheaper subscription plans supported by ads.

SEE ALSO: Netflix expands sports lineup for 2023

Continue Reading

Enterprise

Apple is preparing to open its first stores in India

Based on new job listings

Published

on

For one of the largest smartphone markets in the world, India is one of the rarer countries where Apple does not outright dominate. Undoubtedly, the company is trying to change that. Ongoing job listings in India are suggesting that Apple is ready to open its first brick-and-mortar store in the country.

First reported by Financial Times, Apple has posted job openings in India for several retail roles including for the iconic Genius Bar. Another clue even indicates that some spots have already been filled ahead of time. A few employees in the country have reportedly posted about their new jobs on LinkedIn.

Unfortunately, none of the job listings show how many stores are planned and where they will be. Narrowing things down by a bit, a few of the confirmed employees are from Mumbai and New Delhi. The report also does not indicate when the stores will open. However, since a few have already been hired, a grand opening might be coming soon.

Apple has a lot to gain by strengthening its foothold in India. The country is an important stronghold for smartphone companies. However, the company might find things harder as time goes by. The country recently dictated that brands must switch to USB-C if they want to sell their devices in India. All over the world, Apple remains the last stalwart against adopting the more universal standard.

SEE ALSO: Google throws more RCS-flavored shade at Apple

Continue Reading

Enterprise

Samsung hires Mercedes-Benz alum to head design team

Will handle Galaxy S, Galaxy Z, among others

Published

on

Outside of the arms race of maximizing hardware, another important battle is the persistent evolution of design. A friendly and approachable design just adds the necessary pizzaz to make an otherwise bland device pop off the shelves. Pushing the next evolution of design for the brand, Samsung has hired a Mercedes-Benz alum to head its Mobile eXperience Design Team.

Today, Samsung has announced the hiring of Hubert H. Lee as the head of the MX team, which handles Samsung’s most popular designs. Formerly, Lee was the chief design officer of Mercedes-Benz China. During his tenure as the carmaker’s designer, Lee spearheaded several projects in both China and the United States. He also bagged awards at his former position.

Now, as part of the Samsung MX team, Lee is in charge of the designs of the Galaxy S, Galaxy Z, and Galaxy Watch series. Given the timing of Samsung’s usual product cycles, Lee’s contributions will likely affect the Galaxy S24 series, rather than the upcoming Galaxy S23 series. Samsung is already pegged to launch the next flagship series sometime in early February.

Still, a new design head sparks some optimism for the South Korean brand. The effect of brilliant design is remarkably palpable for tech companies. For example, Samsung’s primary rival Apple still relies heavily on the contributions of its former design chief, Jony Ive.

SEE ALSO: Galaxy S23 is launching early February, report says

Continue Reading

Trending