Daily News – 4th of October 2023

Meta ad-free subscriptions
Meta might introduce ad-free subscription plans for Instagram and Facebook users in Europe

Meta is considering charging users in the EU €13 a month to access an ad-free version of Instagram or Facebook on their phones, or €17 for the desktop apps. This decision comes after a new European Union law requiring Meta to get users’ consent before showing them targeted ads, which affects directly the way groups such as Meta and Google generate their profits.
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Microsoft announced the next generation of OneDrive with Copilot AI, offline mode, improved search and more

Microsoft has unveiled a major new update for OneDrive with new design elements along with many new features. The main notable feature is the artificial intelligence addition “Copilot in OneDrive”. With it, users will be able to ask questions about files stored in OneDrive, SharePoint or Teams.
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Amazon allegedly used a secret algorithm to raise prices

The algorithm code-named “Project Nessie” tested whether competitors would follow suit when it raised the price of a product. This algorithm aided Amazon in maximizing its profits across various shopping categories, prompting competitors to raise their prices and charge customers more, according to the FTC’s antitrust lawsuit against the company.
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Meta will lay off employees in metaverse silicon unit

Meta plans to downsize its Reality Labs division, specifically the unit focusing on custom silicon for augmented and virtual reality hardware. Despite investing over $36 billion in Reality Labs since 2019, Meta has not achieved a mainstream hit in the augmented or virtual reality space.
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New products

 

Oppo Find N3

Oppo Find N3 will have a 7.82-inch OLED screen, a 6.31-inch OLED cover screen and a Snapdragon 8 Gen 2 processor. It will come with 16GB of RAM and 1TB of storage.
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Nokia XR21

The phone will have a 6.49-inch FHD+ screen, Snapdragon 695 processor, 6GB of RAM and 128GB of storage. It comes with a 4,800mAh battery.
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