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Meta drops 15% on weak outlook and high AI and metaverse spending

Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products. Source: https://cointelegraph.com/rss Meta drops 15% on weak outlook and high AI and metaverse spending

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Threads has 150 million monthly users

Meta’s Threads app now has more than 150 million monthly users, an increase of about 20 million new users since February. Mark Zuckerberg shared the latest user numbers during Meta’’s first-quarter earnings call, saying that the app “continues to be on the trajectory that I hope to see.” The update suggests Threads is continuing to […]

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TikTok Lite axes ‘addictive as cigarettes’ reward-to-watch feature under the EU’s watchful eye

The EU has effectively vanquished a TikTok feature that Europe’s digital commissioner described as “toxic” and “addictive as cigarettes.” Owner ByteDance said on Wednesday that TikTok Lite’s reward-to-watch feature would be suspended. It’s been a brutal day for TikTok as President Biden signed a bill (also on Wednesday) forcing ByteDance to sell the platform’s US […]

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PUBG will take a nostalgia-infused trip back to its first map in May

PUBG: Battlegrounds is somehow old enough to evoke nostalgia. The pioneering battle royale game, which entered Steam Early Access in 2017, will borrow a page from Fortnite’s playbook and honor its first map. Erangel Classic will recreate the old-school battlefield from the game’s inception for a limited two-week run in May and June. Developer and […]

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JetBlue's in-flight entertainment system just got a watch party feature

JetBlue is revamping its in-flight entertainment system, complete with a new branding. It’s now called Blueprint and brings several features that should make your next flight just a teensy-bit less grueling. The biggest news here is a watch party feature that lets customers view the same TV show or film with up to five other […]