Page 7 - Metaverse

Mark Zuckerberg announces WhatsApp Channels: What is it, how does it work

WhatsApp Channels will first be available in Colombia and Singapore. It will gradually be available in more countries, including India, over the coming months

Meta rolls out verified account service in India for Rs 699 per month

Social media giant Meta, which owns Facebook, Instagram and WhatsApp, has started verified service in India at a monthly subscription price of Rs 699 for mobile apps, the company said on Wednesday. Meta is planning to roll out verified service on the web in the coming months at a subscription price of Rs 599 per month. "Meta Verified is available for direct purchase on Instagram or Facebook in India starting today. People can purchase a monthly subscription for Rs 699 on iOS and Android. In the coming months, we'll also introduce a web purchase option for Rs 599 a month," the company said in a statement. For a verified account subscription, Facebook and Instagram users will need to verify their account with a government ID. The verified account will provide impersonation protections and account support. "We're expanding our test of Meta Verified to India after seeing good results from our early testing in several countries globally. We'll also continue honouring verified badges th

Metaverse, Web3 market to grow 40% annually to reach $200 bn by 2035

The Metaverse and Web3 market opportunity in India is expected to grow at an annual growth rate of nearly 40 per cent, with the potential to become a $200 billion industry by 2035, a new report said

Web3, Metaverse to be a $200 billion market in India by 2030: Report

Web3 and Metaverse market in India can reach USD 200 billion by 2035, a consultancy firm said on Thursday. To reach USD 200 billion, the Web3 and Metaverse market will grow at 40 per cent per annum till 2035, as per an official statement. "Content creators and gaming startups are leveraging Web3 to directly monetise users, bypassing intermediaries and corporates are building metaverses to engage more meaningfully with their employees and customers," managing partner of Arthur D Little India and South Asia, Barnik Chitran Maitra said. Maitra, however, said concerted action is needed by startups, investors, corporates, and the government to achieve the number. The consultancy firm termed Metaverse as the "future version of the internet", which will be blending the frontiers between reality and virtuality at the convergence of immersive spaces, social and collaborative experiences, and the creator economy. Globally, Web3 and Metaverse are pegged to become a USD 13 trillion opportunit

Now, you can edit sent messages on WhatsApp: How it works and other details

WhatsApp rivals like Telegram and Signal already have the 'edit' feature. On the other hand, Twitter rolled out this feature for select users last year

Has the correlation between the Nifty IT index and the NASDAQ ended?

The gain in NASDAQ thus far in CY23 was largely fueled by Google, Apple, Amazon, Netflix and Meta Platforms - also known as the FAANG stocks.

WhatsApp tests 'edit button' for sent messages in beta: Here's how it works

It appears that there will be no upper limit on how many times a message can be edited. However, the option to edit a message may not be available after 15 minutes of a message being sent

WhatsApp working on broadcast channel conversation with 12 new features

The company is working on implementing numerous channel features in order to provide users with the best possible experience once channels are released

Demystifying the Indian metaverse techno-legal antitrust paradigm

The challenge is to strike a balance between potential anti-competitive conducts in the metaverse and seemingly pro-competitive justifications

Meta tests views-based creator payments to compete with rival TikTok

Meta forecasts it can close that monetization gap by the end of this year or early next year

Receiving dubious calls, messages on WhatsApp? Here's what you should know

Users receive both audio and video calls from these phone numbers which mostly carry country codes belonging to Ethiopia, Morocco, and Swaziland, among others

WhatsApp bans record of over 4.7 mn bad accounts in India in March

The IT Ministry last month notified to establish three GACs as required under the recently amended IT Rules, 2021

WhatsApp to do away with Google Drive dependence for backups, see details

Most WhatsApp users find it complex to transfer their data from their old phone to a new device since it involves backing up chat data to a Google Drive

Zuckerberg's net worth rises over $10 bn after results, 2 layoff rounds

Zuckerberg now has a net worth of $87.3 billion and is the 12th richest person in the world, according to the Bloomberg Billionaires Index

Facebook parent Meta posts solid Q1 results, revenue up 3%; stock soars

Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta also reported that the monthly user base of its flagship platform Facebook inched close to 3 billion. Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per share, in the January-March period. That's down 19% from $7.47 billion, or $2.72 per share, a year earlier. Revenue climbed 3% to $28.65 billion from $27.91 billion. Analysts, on average, were expecting earnings of $2.02 per share on revenue of $27.67 billion, according to a poll by FactSet. Meta said it has substantially completed layoffs it first announced in 2022. It announced a second round of layoffs in March. Shares of the Menlo Park, California-based company rose $18.97, or 9.1%, to $228.37 in after-hours trading.

70% businesses plan to integrate metaverse in co activities: PwC India

Almost 70 per cent of business executives in India plan to integrate the metaverse into their organisational activities, said a report by PwC India. Though the term metaverse spans a wide spectrum of definitions, it mainly denotes a digital environment with a virtual world that mimics reality through the use of emerging technologies such as artificial intelligence (AI), low/no-code platforms, and blockchain. Additionally, 63 per cent of companies that are actively engaged with the metaverse say they will fully embed the metaverse in their organisational activities within a year, said the report titled 'Our Take - Embracing the Metaverse'. More than 60 per cent of the business leaders surveyed affirmed that they have a detailed or good understanding of the metaverse. The survey conducted early this year asked respondents nearly 150 in number across different regions of India for their title/role, age group, their gender, the sector their company represented, and their company ...

WhatsApp is now getting a feature Telegram has had for long. Details here

Telegram's 'Channels' feature has made it a useful tool for various individuals or organisations, and now Meta-owned WhatsApp is going to emulate it

Instagram adds feature to allow users to add up to 5 links to profile bios

With the new feature, users can now add links by editing their profile in the mobile app, where they can give them titles and reorder how they'll appear

Zee Music Company renews its licensing agreement with YouTube, Meta

Zee Music Company, a division of media firm Zee Entertainment Enterprises Ltd (ZEEL), on Friday announced the renewal of its licensing agreement with YouTube and Meta, earlier known as Facebook. The deal with two of the world's largest digital content-streaming companies will allow them to access music content from Zee Music's catalogue of over 11,000 songs, said a statement. As part of the deal, users can continue to use Zee Music Company's entire catalogue to create multiple social experiences across YouTube as well as Meta platforms, such as Facebook and Instagram, it added. "With an increasing number of audiences tuning in to Indian music from across the globe, the inclusion of the latest music libraries from India will allow users and YouTube Shorts creators to stay up to date with the latest music trends and styles," it noted. With its massive user base, YouTube is one of the largest digital content platforms, and the ongoing collaboration is set to elevate the music experien

Meta-owned Instagram introduces new features to its creator marketplace

Instagram launched its creator marketplace last year as a new destination for brands and creators to connect and form branded content partnerships