Meta Platforms

Arevon and Meta Announce Long-Term Contracts for 349 Megawatts of New Solar Energy

Retrieved on: 
Tuesday, March 5, 2024
Parvati, Restaurant, Meta Platforms, Life, Meta, Partnership, Renewable energy

The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta's operations in the region with 100% renewable energy.

Key Points: 
  • The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta's operations in the region with 100% renewable energy.
  • "We meet 100 percent our energy demand with renewable power, and we continue to invest in clean energy projects as we grow.
  • This partnership with Arevon decarbonizes our operations and contributes to a more sustainable, resilient energy infrastructure," Urvi Parekh, Head of Renewable Energy at Meta said.
  • "Through its Kelso Solar Project, Arevon is pleased to contribute to Meta's goal of having its global operations supported by 100 percent renewable energy," Kevin Smith, Chief Executive Officer at Arevon said.

Asia Pacific Social Commerce Market Intelligence Report 2024-2029: Firms are Forging Strategic Alliances to Evade the Social Commerce Ban in the Southeast Asian Region

Retrieved on: 
Thursday, February 29, 2024
Social commerce, Social media, Artificial intelligence, Meta Platforms, Partnership, Growth, Goto, Operational definition, WhatsApp, Online shopping

This report provides a detailed data centric analysis of social commerce industry, covering market opportunities and risks.

Key Points: 
  • This report provides a detailed data centric analysis of social commerce industry, covering market opportunities and risks.
  • With over 50+ KPIs at country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics.
  • The social commerce market is poised to grow at a significant rate over the medium term in the Asia Pacific region.
  • Firms are also forging strategic alliances in the sector to evade regulatory bans on social commerce activities in the Southeast Asia region.

Revolutionizing Ecommerce Analytics: Growify Unveils Cutting-Edge Marketing Attribution Solution

Retrieved on: 
Thursday, February 29, 2024
Shopify, Marketing, Multimedia, ROI, Growth, Parenting, Meta Platforms, Software, Online shopping

AUSTIN, Texas, Feb. 29, 2024 /PRNewswire/ -- In a groundbreaking development to the ecommerce industry, Growify has announced the launch of its advanced marketing attribution software.

Key Points: 
  • AUSTIN, Texas, Feb. 29, 2024 /PRNewswire/ -- In a groundbreaking development to the ecommerce industry, Growify has announced the launch of its advanced marketing attribution software.
  • Email Tracking and Marketing Optimization: Growify provides capabilities for meticulous email engagement monitoring, enabling marketing strategy refinement.
  • Sophisticated Pixel Connection and Attribution: Advanced pixel connection and attribution technology ensure precise ROI measurement across all digital channels.
  • The company invites entrepreneurs and businesses to discover how its marketing attribution solution can propel their ventures to new heights.

Roundhill Investments Launches Leveraged and Inverse Magnificent Seven ETFs, Expands Magnificent Seven Fund Lineup

Retrieved on: 
Thursday, February 29, 2024
Deutsche Bank, MAGS, Meta Platforms, Magnificent Seven, ETF, Apple, Investment

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and the Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). MAGQ and MAGX begin trading on the Nasdaq today.

Key Points: 
  • NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and the Roundhill Daily 2X Long Magnificent Seven ETF (MAGX).
  • MAGQ seeks to offer daily returns that correspond to the inverse of (-1X) the daily performance of the Roundhill Magnificent Seven ETF*.
  • MAGQ and MAGX each build on the success of the Roundhill Magnificent Seven ETF ( MAGS ), which currently consists of holdings in Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla.
  • We believe that the Magnificent Seven concept is enduring, and MAGQ/MAGX enable active traders to express their views on these seven market leaders with precision."

LG AND META FORGE COLLABORATION WITH META TO ACCELERATE XR BUSINESS

Retrieved on: 
Wednesday, February 28, 2024
Meta Platforms, Home entertainment, Immersion, Ecosystem, Electronics, XR, LG Electronics, LG

SEOUL, Souh Korea, Feb. 28, 2024 /PRNewswire/ -- LG Electronics (LG) is ramping up its strategic collaboration with the global tech powerhouse, Meta Platforms, Inc. (Meta), aiming to expedite its extended reality (XR) ventures. The aim is to combine the strengths of both companies across products, content, services and platforms to drive innovation in customer experiences within the burgeoning virtual space.

Key Points: 
  • SEOUL, Souh Korea, Feb. 28, 2024 /PRNewswire/ -- LG Electronics (LG) is ramping up its strategic collaboration with the global tech powerhouse, Meta Platforms, Inc. (Meta), aiming to expedite its extended reality (XR) ventures.
  • The two-hour session saw discussions on business strategies and considerations for next-gen XR device development.
  • The collaboration with Meta aligns with this strategy, aimed at spearheading innovations in customer experiences within the future virtual space, anticipating the full-fledged development of the XR market.
  • As part of an organizational reshuffle at year-end, a dedicated XR business unit was established within the Home Entertainment Company to accelerate the pursuit of new ventures in the virtual space arena.

LG AND META FORGE COLLABORATION WITH META TO ACCELERATE XR BUSINESS

Retrieved on: 
Wednesday, February 28, 2024
Meta Platforms, Home entertainment, Immersion, Ecosystem, Electronics, XR, LG Electronics, LG

SEOUL, Souh Korea, Feb. 28, 2024 /PRNewswire/ -- LG Electronics (LG) is ramping up its strategic collaboration with the global tech powerhouse, Meta Platforms, Inc. (Meta), aiming to expedite its extended reality (XR) ventures. The aim is to combine the strengths of both companies across products, content, services and platforms to drive innovation in customer experiences within the burgeoning virtual space.

Key Points: 
  • SEOUL, Souh Korea, Feb. 28, 2024 /PRNewswire/ -- LG Electronics (LG) is ramping up its strategic collaboration with the global tech powerhouse, Meta Platforms, Inc. (Meta), aiming to expedite its extended reality (XR) ventures.
  • The two-hour session saw discussions on business strategies and considerations for next-gen XR device development.
  • The collaboration with Meta aligns with this strategy, aimed at spearheading innovations in customer experiences within the future virtual space, anticipating the full-fledged development of the XR market.
  • As part of an organizational reshuffle at year-end, a dedicated XR business unit was established within the Home Entertainment Company to accelerate the pursuit of new ventures in the virtual space arena.

Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report 2024-2030, by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region and Segment

Retrieved on: 
Wednesday, February 21, 2024
Chapter Three, Electric Blue (TV series), USD, Medicine, Wire, Polychlorinated biphenyl, AI, Plastic, Computer, ABS, Internet of things, Electronics, Growth, Urbanization, Communication, PP, Safety, PVC, Meta Platforms, Amazon (company), Cloud computing, Estimation, Tablet, Microsoft, Chapter Four, Speciality chemicals

DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
  • Surging disposable income and increasing demand for energy efficiency are factors contributing to the growth of electrical & electronics market worldwide.
  • An expansion of electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market.
  • Moreover, increasing demand from building & construction industry globally is anticipated to boost demand for plastics across electrical & electronics industry.

Treasure Global Reports Second Quarter Fiscal Year 2024 Results

Retrieved on: 
Wednesday, February 14, 2024
AI, Intelligence, TGL, Meta Platforms, Health, Treasure, Growth, Food, Cryptocurrency

Increased Registered Users to Over 2.68 Million as of December 31, 2023

Key Points: 
  • Increased Registered Users to Over 2.68 Million as of December 31, 2023
    Reported Gross Profit of Approximately $0.35 Million for Second Quarter Fiscal 2024, up 48% Year-Over-Year
    NEW YORK and KUALA LUMPUR, Malaysia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” “Treasure Global” or the “Company”), an innovative technology solutions provider, today reported its financial results for the second quarter of the 2024 fiscal year ended December 31, 2023, and provided a business update.
  • Total revenues for the second quarter ended December 31, 2023, were $6.7 million, compared with $20.4 million for the second quarter of the 2023 fiscal year.
  • Gross profit for the second quarter of the 2024 fiscal year was approximately $0.35 million, a 48% improvement year-on-year, from approximately $0.23 million for the second quarter of the 2023 fiscal year.
  • Net loss of approximately $1.2 million for the second quarter of the 2024 fiscal year, compared to $2.0 million for the second quarter of the 2023 fiscal year.

Global Multimodal AI Research Report 2023: Market Set to Reach $8.4 Billion by 2030, Driven by Advances in Generative AI and Demand for Industry-Specific Solutions - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 14, 2024
Data Management, Technology, Audio, Video, Software, Electronic Commerce, Artificial Intelligence, Internet, IBM, Amazon Web Services, Intelligence, Meta Platforms, Generative, Growth, Language, Vertical, Synthetic media, Entertainment, E-commerce, Interactivity, Microsoft

Multimodal AI, combining the analytical capabilities across various data modalities such as text, images, and audio, is transforming content generation and editing in sectors like media & entertainment.

Key Points: 
  • Multimodal AI, combining the analytical capabilities across various data modalities such as text, images, and audio, is transforming content generation and editing in sectors like media & entertainment.
  • Generative AI Catalyzing the Multimodal Ecosystem: Progress in Generative AI is a significant catalyst spurring the integration of different data types, leading to more complex AI systems and underpinning market expansion.
  • Surge in Tailored and Industry-specific Solutions: The push for custom AI solutions, accommodating unique industry needs, regulatory compliance, and operational efficiencies, is driving market demand.
  • Type Outlook: The translative segment has recorded a substantial market share, highlighting the importance of translation capabilities within multimodal AI systems.

Immersion Signs License Agreement with Meta Platforms, Inc. (formerly known as Facebook, Inc.)

Retrieved on: 
Wednesday, February 14, 2024
Software, Audio, Video, Hardware, Consumer Electronics, Technology, Electronic Games, Other Technology, Entertainment, Meta Platforms, VR, Meta, Corporation, Immersion, Immersion Corporation, Video game

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of patents for haptics, today announced that it has signed a license with Meta Platforms, Inc. (formerly known as Facebook, Inc.) to make Immersion’s patents available to Meta and its affiliates’ hardware, software, VR, and gaming products.

Key Points: 
  • Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of patents for haptics, today announced that it has signed a license with Meta Platforms, Inc. (formerly known as Facebook, Inc.) to make Immersion’s patents available to Meta and its affiliates’ hardware, software, VR, and gaming products.
  • “We are delighted to grant Meta Platforms, Inc. a license to our patents for haptic technologies.
  • We are excited to license Meta Platforms, Inc. for their delivery of high-quality haptics in their devices,” said Eric Singer, Immersion’s President and CEO.
  • Increasingly, haptics is being designed into VR gaming applications as more and more VR platforms and games incorporate high-quality tactile effects for more immersive operations.