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Facebook changes name to Meta as it refocuses on virtual reality

  The new name reflected its ambitions to build the metaverse, rather than its namesake social media service, said CEO Mark Zuckerberg Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on its ambitions building the “metaverse,” a shared virtual environment that it bets will be the next big computing platform. The name change comes as the world’s largest social media company battles criticisms from lawmakers and regulators over its market power, algorithmic decisions and the policing of abuses on its platforms. CEO  Mark Zuckerberg , speaking at the company’s live-streamed virtual and augmented reality conference, said the new name reflected its ambitions to build the metaverse, rather than its namesake social media service. The metaverse, a term first coined in a dystopian novel three decades ago and now attracting buzz in Silicon Valley, refers broadly to the idea of a shared virtual environment which can be accessed by people using diff...

SC favours CA exam in July, agrees to consider opt-out option for students

  The Supreme Court on Tuesday said it favours in-person Chartered Accountant (CA) exams and refrained from passing any direction to postpone the schedule commencing on July 5. The Supreme Court on Tuesday said it favours in-person Chartered Accountant (CA) exams and refrained from passing any direction to postpone the schedule commencing on July 5. A bench headed by Justice A.M. Khanwilkar said students with Covid should get opt-out option. The bench comprising Justices Dinesh Maheshwari and Aniruddha Bose directed Institute of Chartered Accountants of India (ICAI) to present a note incorporating the court's suggestions, other deliberations and also ICAI's stand on them. The bench said it will pass orders on the petitions connected with the CA exams after perusing the note and adjourned the matter for Wednesday. The bench in principle agreed that CA exams can be held from July 5, and asked ICAI to consider its suggestions for granting chance to candidates to opt f...