Content creator Sykkuno described MrBeast's 14-minute video as 'deranged'

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Zimbabwe amended newly imposed laws governing carbon-credit projects on its territory to allow developers to keep a greater

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

An ancient egg-laying mammal named after Sir David Attenborough that was thought to be extinct is actually alive and well, scientists have proved. Attenborough’s long-beaked echidna, which is thought to have been around since the dinosaur era, was caught on camera by an Oxford University expedition to Indonesia. The spiky, furry, beaked creature has been described as a “living fossil” because of how long it has been walking the Earth, about 200m years. Until the video, scientists had relied on a dead, decades-old museum specimen of the creature, as evidence that it was still around. Dr James Kempton, who led the expedition, said: “I was euphoric, the whole team was euphoric.” “I’m not joking when I say it came down to the very last SD card that we looked at, from the very last camera that we collected, on the very last day of our expedition.” Dr Kempton said he had been in touch with Attenborough about the rediscovery, and that the broadcaster was “absolutely delighted”. The expedition also discovered new species of insects and frogs on the trip, which took them through previously unexplored stretches of the Cyclops Mountains, a steep, high-altitude area of Papau, Indonesia. Scientists were twice affected by earthquakes over the course of their expedition, and had to climb narrow ridges with cliffs either side, often in heavy rain. Dr Kempton added: “You're slipping all over the place. You're being scratched and cut. There are venomous animals around you, deadly snakes like the death adder. “There are leeches literally everywhere. The leeches are not only on the floor, but these leeches climb trees, they hang off the trees and then drop on you to suck your blood.” He said he hopes the rediscovery will help promote conservation efforts in the Cyclops Mountains. The species is not currently protected in Indonesia, and scientists don’t know how many there are. “Given so much of that rainforest hasn't been explored, what else is out there that we haven't yet discovered? The Attenborough long-beaked echidna is a symbol of what we need to protect - to ensure we can discover it.” How to join the indy100's free WhatsApp channel Sign up to our free indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The UK’s data protection regulator is to review period and fertility tracking apps over concerns around the data security of such platforms. The Information Commissioner’s Office (ICO) said the review was in response to figures it had obtained from its own research, which found that more than half of women using these apps had concerns over how their data was being used. The data protection watchdog’s research showed a third of women have used apps to track their periods or fertility, and more than half of those who have used an app believed they had noticed an increase in baby or fertility-related adverts since signing up, with 17% said they had found this distressing. The ICO said its poll showed concerns around data use and how secure their data was were named as bigger fears among women than the cost of these apps or ease of use. We want to make sure women can use these services with confidence, so we’re calling for people to share their experiences Emily Keaney, ICO The regulator is now urging users to come forward and report their own experiences using tracking apps as part of a call for evidence. It said it had also contacted companies who provide period and fertility tracking apps to find out how they are processing users’ personal information. The ICO said the focus of its work would be to identify if there was the potential for harm and negative impact on users. “These statistics suggest data security is a significant concern for women when it comes to choosing an app to track their periods or plan or prevent pregnancy,” Emily Keaney, ICO deputy commissioner of regulatory policy, said. “That’s not surprising, given the incredibly sensitive and personal information involved. “We want to make sure women can use these services with confidence, so we’re calling for people to share their experiences. “This will help us understand whether there are areas that need improvement – from how easy it is to navigate privacy policies to whether people have experienced upsetting and unexpected targeted advertising. “We also know some users feel these apps bring many benefits and we’d like to hear about these too. “As with all health apps, we would expect organisations to safeguard their users’ privacy and have transparent policies in place. “This review is intended to establish both the good and bad of how the apps are working currently. “Once we have more information, we will explore next steps, but we will not hesitate to take regulatory action to protect the public if necessary.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Russian cyber-attacks ‘relentless’ as threat of WW3 grows, expert warns Warner Music sign first digital character Noonoouri and release debut single Met should thoroughly investigate cyber security practices, say experts

Tom Felton virtually returned to the Slytherin common room.

Information theft is on the rise

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By Foo Yun Chee BRUSSELS (Reuters) -Adobe's $20 billion bid for cloud-based designer platform Figma may reduce competition in global

MIAMI--(BUSINESS WIRE)--Jul 7, 2023--

India is counting down to landing a spacecraft near the moon’s south pole — an unchartered territory that scientists believe could hold important reserves of frozen water and precious elements