At the Meta Connect 2023 event, Meta (META) announced its new AR/VR headset, the Meta Quest 3 for $499, along with its Ray-Ban smart glasses. Yahoo Finance Tech Editor Dan Howley breaks down the features and price point of the new mixed reality headset, as well as how Meta is competing with other companies, such as Apple (AAPL) and Sony (SONY) in the gaming space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Meta CEO Mark Zuckerberg took the wraps off of his company's new Meta Quest 3 headset and Ray-Ban Meta smart glasses.
Norway's data regulator will refer the fine it has imposed on Meta Platforms to the European data authority, it said on Thursday, a move that could make the fine permanent and widen it to the European Union. The owner of Facebook and Instagram has been fined one million crowns ($93,000) per day since Aug. 14, for three months, for breaching users' privacy by harvesting user data and using it to target advertising at them. The Norwegian regulator, Datatilsynet, is now referring its decision to the European Data Protection Board, which could make the decision permanent if it agrees with the Norwegian regulator's decision.