Facebook-Owner Meta Launching High-Fashion Clothing Store for Avatars

Facebook-owner Meta Platforms is launching a digital clothes retailer the place customers can buy designer outfits for his or her avatars, Chief Executive Mark Zuckerberg stated on Friday.

Initial trend manufacturers collaborating within the retailer launch will probably be Balenciaga, Prada, and Thom Browne, however Meta goals to make the shop an open market the place builders can create and promote outfits, stated Zuckerberg, talking in an Instagram Live.

Earlier this week, Meta, Alphabet unit Google, Twitter, and Microsoft agreed to take a harder line towards disinformation underneath an up to date EU code of apply that might hit them with hefty fines in the event that they fail to take action.

More than 30 signatories together with promoting our bodies have dedicated to the up to date Code of Practice on disinformation, the European Commission stated.

The signatories conform to do extra to sort out deep fakes, faux accounts and political promoting, whereas non-compliance can result in fines as a lot as 6 % of an organization’s international turnover, the EU government stated, confirming a Reuters report final week.

The corporations, which embody TikTok and Amazon’s dwell streaming e-sports platform Twitch, have six months to adjust to their pledges and should current a progress report in the beginning of 2023.

“The new code is a testimony that Europe has learned its lessons and that we are not naive any longer,” Commission Vice-President Vera Jourova advised a information convention.

She stated Russia’s invasion of Ukraine, the COVID-19 pandemic and Britain’s withdrawal from the European Union accelerated the EU’s crackdown on faux information.

Sanctions might together with banning corporations from Europe, EU trade chief Thierry Breton stated.

© Thomson Reuters 2022