Asia Morning Briefing: MSFT, Meta Soar on Strong AI Earnings, But Crypto AI Tokens Fail to Follow

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Artificial Intelligence (AI) majors are slightly down despite blockbuster earnings by … Read more

WhatsApp for Android Said to Be Testing Real-Time Voice Chats With Meta AI

WhatsApp is said to be testing a new feature for Android users that will allow them to have real-time voice conversations with Meta AI. As per a feature tracker, the new artificial intelligence (AI) feature is now rolling out to select beta testers, and allows users to either directly initiate voice chat or switch to … Read more

Microsoft, Meta Partner to Persuade Businesses to Use VR; Windows Apps Coming to Meta Quest Headsets

Microsoft has partnered with Meta in an effort to persuade businesses to operate in virtual settings. During Meta’s Connect conference this morning, Microsoft CEO Satya Nadella said that Microsoft Teams will integrate with Quest devices and that Microsoft will provide a way to stream Windows apps to Meta’s headsets, TechCrunch reported. Nadella also revealed that … Read more

Meta Requests India’s TRAI to Address Metaverse, AI-Related Setbacks: Report

Meta has reportedly reached out to India’s telecom regulator seeking assistance in addressing metaverse and AI-related issues. In a detailed written letter to the Telecom Regulatory Authority of India (TRAI), the US-based tech giant has asked for the creation of regulatory sandboxes to bridge the regulatory gaps and develop a nurturing policy work for the … Read more

Meta Records 16 Percent Uptick in 2023 Annual Revenue, Metaverse Unit Still Under Loss

Mark Zuckerberg, the chief of Meta (previously Facebook) recently disclosed revenue details about the company’s last quarter. Meta clocked a revenue of $40.1 billion (roughly Rs. 3,34,416 crore) between September and December. In total, the social media and Web3 mammoth managed to reel-in $134.9 billion (roughly Rs. 11,25,119 crore) in the year of 2023. On a … Read more

Meta Steps Up Chatbot Buzz, Announces Research Tool LLaMA as Rival to Microsoft’s ChatGPT, Google’s LaMDA

Meta Platforms introduced a research tool for building artificial intelligence-based chatbots and other products, seeking to create a buzz for its own technology in a field lately focused on internet rivals Google and Microsoft. The tool, LLaMA, is Meta‘s latest entry in the realm of large language models, which “have shown a lot of promise in … Read more

Meta Cancels Plans for High-End Mixed-Reality Headset to Rival Apple Vision Pro: Report

Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information reported on Friday. The company told employees at its Reality Labs division to stop work on the device this week after a product review meeting, the report said citing two Meta employees. The axed device was … Read more

Meta AI App With Voice Conversations, Social Discover Feed Launched

Meta released a standalone app for its artificial intelligence (AI) chatbot, Meta AI, on Tuesday. The new Meta AI app is available on Android via the Play Store and iOS via the App Store. The Menlo Park-based tech giant has added a social element to the app, where one can see others users’ posts and … Read more

Meta Quest 3S VR Headset Reportedly Surfaces on DEKRA Certification Site

Meta Quest 3S is tipped to arrive as an affordable version of the company’s Quest 3 headset and while the company has yet to confirm the existence of such a device, it has reportedly been listed on a certification website. It was previously claimed that Meta was working on a more premium offering than the … Read more

Meta, Ripple, Kraken Join Coinbase’s ‘Tech Against Scam’ Awareness Initiative: Details

Coinbase, one of the largest crypto exchanges in the world, has decided to launch an educational and awareness initiative for technology users from around the world. Named ‘Tech Against Scam’, this initiative aims to inform the tech community about ways to safeguard themselves against frauds and online deceit – in an attempt to making the … Read more