Samsung's Galaxy S24 announcement revealed a partnership with Instagram, allowing HDR image uploads. The collaboration aims to advance HDR photography's widespread adoption, offering realistic and vibrant scenes. HDR's potential in photography faces compatibility challenges, but this collaboration could address issues and make HDR accessible to a broader audience.
Facebook, on its twentieth anniversary, revolutionized social media, rapidly gaining users with innovative features. The platform's expansion into global markets and controversial data practices contributed to its dominance. Facebook's role in political movements, like the Arab Spring, and the rise of Meta as a tech giant are notable impacts. However, the company faced criticism and fines for data breaches, political misuse, and competition challenges, leading to Meta's rebranding in 2021.
Meta Platforms, Facebook's parent company, reported robust profits, leading to a new all-time high in shares and a $214 billion increase in market value. Meta's 23% surge and the announcement of its first dividend, a 50 cent quarterly payout, marked its third-largest daily percentage increase since its 2012 debut. The move aligns Meta with tech giants Apple, Microsoft, and Nvidia, providing a dividend yield of 0.4%. Despite its symbolic nature, the dividend reflects Meta's efforts to regain credibility, as it triples net income to $14.02 billion amid surging revenue and cost-cutting measures.