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Meta To Lay Off Employees In Metaverse Silicon Unit
Technology

Meta To Lay Off Employees In Metaverse Silicon Unit

Meta (META.O) is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday. Employees were informed of the layoffs in a post on Meta's internal discussion forum Workplace on Tuesday. The post said they would be notified about their status with the company by early Wednesday morning, one of the sources said. A Meta spokesperson declined to comment on the plans. Reuters was not able to determine the extent of the cuts to the silicon unit, called Facebook Agile Silicon Team, or FAST. If the cuts are deep, they could hamper Chief Executive Mark Zuckerberg's project to build augmented and virtual reality products enabling access to a set of ...
Facebook Owner Meta Releases AI Model That Can Identify Items Within Images
Technology

Facebook Owner Meta Releases AI Model That Can Identify Items Within Images

Facebook owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations that it said was the largest ever of its kind. The company's research division said in a blog post that its Segment Anything Model, or SAM, could identify objects in images and videos even in cases where it had not encountered those items in its training. Using SAM, objects can be selected by clicking on them or writing text prompts. In one demonstration, writing the word "cat" prompted the tool to draw boxes around each of several cats in a photo. Meta has teased several features that deploy the type of generative AI popularized by ChatGPT, which creates brand-new content instead of simply identifying...
‘Meta’ Trademark Applicants Will Sell to Facebook For $20M
Entertainment

‘Meta’ Trademark Applicants Will Sell to Facebook For $20M

It might not be smooth sailing for Mark Zuckerberg in his quest to change Facebook's identity, because we've learned someone was already ahead of him in trying to grab the "Meta" trademark ... and they're willing to give it up to Zuck for a steep price. Back in August, the founders of a company called Meta PC filed to trademark the word "Meta" for computers, laptops, tablets, software and more items relating to tech -- so, right in Facebook's wheelhouse. The founders, Joe Darger and Zack Shutt, tell us they've been operating Meta PC for a little over a year, but recently filed docs to formally trademark their brand. While Meta PC's trademark petition hasn't yet been granted, they still have a lead on Zuckerberg if he tries to claim it for his rebranded company. For ...
Facebook shields VIPs from some of its rules — report
Business

Facebook shields VIPs from some of its rules — report

(FILES) In this file photo taken on August 26, 2021 Facebook logo is pictured on a laptop screen in Moscow. - Facebook exempts certain celebrities, politicians and other high-profile users from some its own rules for posts as part of a program launched as a quality-control mechanism, the Wall Street Journal reported on September 13, 2021. (Photo by Kirill KUDRYAVTSEV / AFP) Facebook exempts certain celebrities, politicians and other high-profile users from some of its own rules for posts as part of a program launched as a quality-control mechanism, the Wall Street Journal reported on Monday. The program, referred to as "cross check" or "XCheck," shields millions of elite users from rules that Facebook claims to apply equally at the social network, according to a report citing intern...