Report predicts 12.5m sales of consumer VR headsets in 2022

Research firm Omdia has been gazing into its crystal ball – or should that be crystal headset? – for the virtual reality market. The post Report predicts 12.5m sales of consumer VR headsets in 2022 appeared first on Music Ally. Source: Music ally

Facebook’s Widely Viewed Content report reveals news feed stats

Facebook has published a report on ‘Widely Viewed Content’, focusing on what its users in the US are seeing in their news feeds. The post Facebook’s Widely Viewed Content report reveals news feed stats appeared first on Music Ally. Source: Music ally

Instagram’s takedown of a drill music video has been overturned

Earlier this year, Instagram took down a music video featuring a track called ‘Secrets Not Safe’ by British drill artist Chinx (OS). The post Instagram’s takedown of a drill music video has been overturned appeared first on Music Ally. Source: Music ally

Meta is getting out of its Portal smart-displays business

Meta has been running TV ads for its Portal smart displays, but canny buyers may want to hang on until Black Friday or the Boxing Day sales. The post Meta is getting out of its Portal smart-displays business appeared first on Music Ally. Source: Music ally

Meta to lay off more than 11,000 staff – 13% of its headcount

Facebook and Instagram’s parent company Meta has announced plans to lay off 11,000 of its staff – around 13% of its workforce. The post Meta to lay off more than 11,000 staff – 13% of its headcount appeared first on Music Ally. Source: Music ally

Report: Meta could announce significant layoffs this week

Last week’s big tech-layoffs news story may have been Twitter, but this week’s seems likely to be Meta, according to the Wall Street Journal. The post Report: Meta could announce significant layoffs this week appeared first on Music Ally. Source: Music ally

FTC plans to question Zuckerberg in case to block Within deal

Meta bought the developer of popular VR music game Beat Saber in 2019 without a hitch, and may have expected similar for Within. The post FTC plans to question Zuckerberg in case to block Within deal appeared first on Music Ally. Source: Music ally

Instagram now has more than 2bn monthly active users

Something we missed in our report on Meta’s latest financial results yesterday: CEO Mark Zuckerberg revealed a new milestone stat for its Instagram service. The post Instagram now has more than 2bn monthly active users appeared first on Music Ally. Source: Music ally

Meta and Tidal team up for new series of virtual concerts

Could musicians be part of the solution to disappointing usage figures for Meta’s Horizon Worlds virtual world? The post Meta and Tidal team up for new series of virtual concerts appeared first on Music Ally. Source: Music ally

Report: Meta’s Horizon Worlds only has 200k active users

Internal documents from Meta suggest that the company was hoping for 500,000 monthly active users for Horizon Worlds by the end of 2022. The post Report: Meta’s Horizon Worlds only has 200k active users appeared first on Music Ally. Source: Music ally

Meta and Instagram’s ‘Creator Week’ returns in November

Every platform wants to teach creators how to make the most of its key features, and hopefully court them to give it priority. The post Meta and Instagram’s ‘Creator Week’ returns in November appeared first on Music Ally. Source: Music ally

Meta’s Horizon Worlds metaverse has some teething issues

Meta is hoping for big things from its Horizon Worlds metaverse, but it’s fair to say there are still some teething issues. The post Meta’s Horizon Worlds metaverse has some teething issues appeared first on Music Ally. Source: Music ally

Report: Saregama ditches Meta platforms for YouTube Shorts

Last week, Indian music company Saregama announced a deal to make its catalogue available for use on YouTube Shorts globally. The post Report: Saregama ditches Meta platforms for YouTube Shorts appeared first on Music Ally. Source: Music ally

Meta financials reveal a year-on-year decline in revenues

News that the FTC wants to block its acquisition of music VR app Supernatural wasn’t the only piece of bad news for Meta yesterday. The post Meta financials reveal a year-on-year decline in revenues appeared first on Music Ally. Source: Music ally

The FTC wants to block Meta’s acquisition of Supernatural

Meta announced plans to acquire music-driven VR fitness app Supernatural in October 2021, but the deal is running into some big problems in the US. The post The FTC wants to block Meta’s acquisition of Supernatural appeared first on Music Ally. Source: Music ally

Meta changes: Facebook Feeds tab and auto-Reels videos

We think the changes could be significant for music marketers as well as everyone else using the platforms. The post Meta changes: Facebook Feeds tab and auto-Reels videos appeared first on Music Ally. Source: Music ally

Epidemic Sound sues Meta in $142m infringement lawsuit

Meta is facing a big headache in the form of a $142m copyright infringement lawsuit from production music firm Epidemic Sound. The post Epidemic Sound sues Meta in $142m infringement lawsuit appeared first on Music Ally. Source: Music ally

Meta’s Horizon Venues is now part of its Horizon Worlds

Meta is bringing two of its virtual spaces together: Horizon Venues and Horizon Worlds The post Meta’s Horizon Venues is now part of its Horizon Worlds appeared first on Music Ally. Source: Music ally

Facebook and TikTok add new ways for users to make money

There is keen interest in how the big social media platforms’ systems for sharing money with creators are evolving. The post Facebook and TikTok add new ways for users to make money appeared first on Music Ally. Source: Music ally

Facebook audio shakeup: podcasts and Spotify integration go

In April 2021, Facebook signified its intentions to do more with audio. Just over a year later, how’s that going? The post Facebook audio shakeup: podcasts and Spotify integration go appeared first on Music Ally. Source: Music ally

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