Facebook-owner Meta launching high-fashion clothing store for avatars

Facebook-owned Meta Platform is launching a digital clothing store where users can buy designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday.

Early fashion brands participating in the store launch will be Balenciaga, Prada and Thom Browne, but meta The goal is to make the store an open marketplace where developers can create and sell organizations, said zuckerbergI am speaking instagram Live.

earlier this weekmeta, alphabetical unit Google, TwitterAnd Microsoft Under an updated EU code of practice agreed to take a tougher line against misinformation, which could hit them with hefty fines if they fail to do so.

The European Commission said more than 30 signatories, including advertising bodies, have committed to an updated code of conduct on disinformation.

The EU executive confirmed a Reuters report last week, saying signatories agreed to do more to tackle deep fakes, counterfeit accounts and political advertising, while non-compliance fined 6 percent of the company’s global business. It is possible

companies, including TIC Toc And of amazon Live Streaming E-Sports Platform TwitchIt has six months to follow through on its pledges and will have to submit a progress report in early 2023.

“The new code is proof that Europe has learned a lesson and that we are no longer naive,” the commission’s vice-chairman, Vera Jorova, told a news conference.

He said that Russia’s invasion of Ukraine, COVID-19 The pandemic and Britain’s withdrawal from the European Union intensified the EU’s crackdown on fake news.

EU industry chief Thierry Breton said the sanctions could include sanctions on companies in Europe.

© Thomson Reuters 2022