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Meta Shows Off Quest 3 and Smart Glasses at Connect 2023

Key highlights from this week’s two-day Meta Connect virtual event include details about the Quest 3 mixed reality headset, the latest smart glasses from its Ray-Ban collaboration, and an announcement that AI stickers are rolling out across the Meta Platforms apps. Starting at $500, the Meta Quest 3 will add Microsoft 365 apps integration by the end of the year, for those who want to use the gaming headset for productivity. Available for preorder now, the Quest 3 ships October 10. The Ray-Ban Meta smart glasses start at $299 and ship October 17. Read more

SAP Plans to Launch Its New AI Assistant ‘Joule’ in November

Enterprise software firm SAP is launching its own AI assistant named “Joule,” which will be embedded throughout the company’s cloud portfolio, offering users contextualized insights across SAP apps and third-party sources on both desktop and mobile platforms. The German business solutions giant has an estimated 300 million global enterprise users using its software for applications related to managing human resources, finance, supply chain, procurement and customer experience, as well as the underlying SAP Business Technology Platform. Read more

Streaming Giants Form Trade Group as New Regulations Loom

Some of the nation’s biggest streaming services have banded together to form a trade group, the Streaming Innovation Alliance, that will lobby at federal and state levels for policies that support their goals. Early members include Max, Netflix, Paramount+, Peacock, The Walt Disney Company, TelevisaUnivision, ViX, BET+ and the MPA. Signing on as advisors are Washington D.C. veterans Fred Upton, who headed the House Energy and Commerce Committee, and Mignon Clyburn, once acting chair of the FCC. The creation of the trade group comes as new online regulations loom. Read more

FCC Preps Draft Proposal That Plans to Restore Net Neutrality

Championed by the Democratic members of the Federal Communications Commission, net neutrality rules are making a comeback now that the party again controls the FCC’s majority. Enacted when Barack Obama was president and repealed in 2017 during the Trump administration, the guidelines that once prohibited telecommunications and cable companies from blocking or throttling smaller content platforms, or those in which they had no ownership stake, could get a vote as early as next month. Speaking at the National Press Club, FCC Chair Jessica Rosenworcel said she is “sharing with [her] colleagues a rule making that proposes to restore net neutrality.” Read more

Walmart Extends E-Commerce Push, Adds Sponsored Videos

Walmart has doubled the size of its Marketplace platform in the past 18 months, with about 100,000 active sellers. Now, the company — which receives seller applications at the rate of about 20,000 per month, about 10 percent of which get approved — feels it is within striking distance of Amazon. Some say Walmart has been emulating the moves of the Seattle-based e-retail giant, including now adding sponsored video ad units in time for the holiday shopping season. The Walmart+ online brand has been emphasizing convenience, membership, free delivery and even a Paramount+ Essential plan, similar to Amazon’s approach of offering Prime Video. Read more

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