FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook
Meta, the parent company of Facebook and Instagram, announced that everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectables.
Meta Platform's CEO Gets Probed by Senators on Crime Combating Measures on its Apps
A group of U.S Senators wrote a letter to Meta’s CEO, Mark Zuckerberg on Thursday to inquire about strategies he is putting in place to mitigate the rise in fraud as a result of cryptocurrency use through Meta’s platforms such as Whatsapp, Facebook, and Instagram as reported by other social media platform
Meta Users Can Now Post Digital Collectables on Instagram and Facebook
Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps - Instagram and Facebook.
Facebook’s Metaverse “Will Misfire”, Says Vitalik Buterin
Vitalik Buterin disclosed that the Metaverse remains an undefined concept, and corporations such as Facebook will struggle to develop it.
Facebook Commences Trials for Digital Collectible Integration
Social media giant, Facebook has reportedly commenced trials for the integration of Non-Fungible Tokens (NFTs) on its platform.
Following Meta, Yahoo Announces Metaverse Activities in Hong Kong
Yahoo plans to launch a series of metaverse activities in Hong Kong to explore the use of immersive advertising technologies.
Meta Lifts its Crypto Advertisement Banning Policy
The social networking giant meta, previously known as Facebook, said on Wednesday that it would withdraw its policy of banning most cryptocurrencies from advertising on its social platforms.
Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years
David Marcus, the head of Facebook’s crypto projects, has announced his intent to leave the firm at the end of the year.