Kelly 'Act Man' targets Darren 'IShowSpeed' in his latest Act Attorney video, exposing his alleged copyright abuse

By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM As the race to develop more powerful artificial intelligence services like

Mark Zuckerberg’s big bet on the metaverse has now lost $40 billion – and the company intends to lose even more. The huge figures were revealed as part of Meta’s latest results, which generally showed a strong rise in advertising revenue. But they also showed an increase in expenses at the company, with the development not only of the metaverse but also artificial intelligence and legal fees. Meta has been dramatically cutting costs and laying off staff. But at the same time it has been spending heavily on some projects, such as the metaverse, in the face of criticism from those who suggest that the bet is unlikely to pay off. That work on the metaverse is done by the company’s Reality Labs unit, which is responsible for developing technology like augmented reality glasses. It reported sales of $276 million, down from $452 million in the same quarter last year. The unit lost $3.7 billion in the second quarter, putting it on track to have far higher costs than the $5 billion annual target set out in a widely circulated investor note in the fall. The unit has lost more than $40 billion since 2021, including $13.7 billion last year. Meta said it expected Reality Labs operating losses to “increase meaningfully” in 2024 as the company continued to invest in augmented and virtual reality and “scale our ecosystem.” Zuckerberg had previously said Meta would “pace” investments in the division after 2023. He told investors he understood why many of them would feel discomfort over such a long-term bet. But the positive results across the company pushed Meta shares up 7.5 per cent. “We continue to see strong engagement across our apps and we have the most exciting roadmap I’ve seen in a while with Llama 2, Threads, Reels, new AI products in the pipeline, and the launch of Quest 3 this fall,” Meta chief executive Mark Zuckerberg said. Meta’s second-quarter revenue grew 11% to $32 billion in the quarter ended June 30, compared with analysts’ average estimate of $31.12 billion. Ad revenue rose 12% in the quarter, faster than growth at Google, where ad revenue rose 3%. Adjusted earnings per share of $2.98 topped Wall Street targets of $2.91, according to data from Refinitiv. The social media giant has been climbing back from a bruising 2022, buoyed by hype around emerging AI technology and an austerity drive in which it has shed around 21,000 employees since last fall. The company’s shares have more than doubled in value this year as a result. Advertisers are reinforcing those gains by pumping money into digital ads again after months of muted spending, heartened by signs that the economy may overcome a bout of high inflation without suffering a major meltdown. Brands are hedging their bets, however, and sticking with tried and true platforms. That helps Meta and Alphabet while punishing smaller players like Snap, which reported disappointing sales on Tuesday. Meta’s revenue forecast did not specify whether the figure includes any sales that might come from the recently launched Threads app, which does not yet have ads. Additional reporting by Reuters Read More Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg How Mark Zuckerberg’s new ChatGPT rival could lead to ‘obscene’ AI Meta unveils its ChatGPT rival Llama Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit Elon Musk forces firms to pay X $1,000 to keep gold ticks Slack has stopped working

Silicon Valley venture capitalists are racing to get into artificial intelligence companies — including investors who once bet

The Canon imagePrograf TC-20M ($995) is the first under-$1,000 24-inch wide-format printer with a built-in

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It looks like there is finally some movement on Google’s Privacy Sandbox initiative. The initiative,

Scientists have found that students who cut social media use to 30 minutes per day can see significant reduction in anxiety, depression, and loneliness, an advance that can lead to better mental health interventions. A growing body of research in recent years has shown that an increase in social media use among young people is linked to their declining mental health. Researchers at Iowa State University assessed this link further in a two-week experiment with 230 college students. Half of the participants were asked to limit their social media usage to 30 minutes a day, and received automated, daily reminders. The study, published in the journal Technology, Mind, and Behavior, found that this group of participants scored significantly lower for anxiety, depression, loneliness and fear of missing out at the end of the experiment compared to the control group. These participants also appeared to have a brighter outlook on life, scoring higher for “positive affect,” which the researchers describe as “the tendency to experience positive emotions described with words such as ‘excited’ and ‘proud.’” “It surprised me to find that participants’ well-being did not only improve in one dimension but in all of them. I was excited to learn that such a simple intervention of sending a daily reminder can motivate people to change their behavior and improve their social media habits,” study co-author Ella Faulhaber said. The psychological benefits from cutting back on social media was found to extend even to participants who sometimes exceeded the 30-minute time limit. Scientists suggest it is not about being perfect, but putting in the effort that makes the difference. While previous research has assessed the effects of limiting or abstaining from social media, many of the interventions recommended in these studies require heavy supervision and deleting apps or using special applications to block or limit social media use. “When a perceived freedom is taken away, we start resisting,” says Douglas A. Gentile, another author of the study, who adds that eliminating social media completely may take away some of its benefits like connecting with friends and family. For those looking to cut back on social media use, scientists recommend setting a timer to see how much time one spends on social media. “Recognize that it’s not easy to stick to a time limit. Social media apps are designed to keep you engaged,” researchers said in a statement. However, they urge people not to give up as limiting social media use over time has real benefits for daily life. “We live in an age of anxiety. Lots of indicators show that anxiety, depression, loneliness are all getting worse, and that can make us feel helpless. But there are things we can do to manage our mental health and well-being,” Dr Gentile said. Read More TikTok allowed millions of people to see Canadian ‘helicopter’ wildfire conspiracies Reddit hit by outage as fight over its future escalates Facebook, Instagram and WhatsApp all stop working Is your WhatsApp group making you anxious? Don’t worry – you’re not alone From a post-truth world to a post-trust world Why suicides among young women are rising at the fastest rate ever

'90 Days Fiance' star Angela Deem called out the person who trolled her, but unfortunately, it backfired on her

TL;DR: A NOW Sky Sports Day Pass is available for just £11.98. This includes a