Apple Blasts Meta for ‘Hypocrisy’ for Taking Nearly 50% of Virtual Sales
Vendors hoping to capitalize on Meta's virtual world could be in for a rude awakening. According to a new report from CNBC, the Facebook parent company will take a 47.5 percent cut of all digital asset sales on its Horizon Worlds platform. And that, not surprisingly, is enraging some potential sellers. The company's fee structure will...
Meta Developing AI-Powered Speech Translation, Recognition Systems [VIDEO]
Meta's research division is working on a universal speech translation system that could streamline users' interactions with AI within the company's digital universe. During a streamed event, Meta CEO Mark Zuckerberg talked more about the Metaverse his company has been investing in, including a research division that's developing a universal speech translation system that will allow...