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Meta Faces Record $1.3B Privacy Fine From E.U.
Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.
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Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
Meta Platforms Inc. is planning on cutting around 10,000 jobs in another round of layoffs. Separately, the parent company of Facebook and Instagram is winding down its integration of non-fungible tokens (NFTs) on its platforms. “The Hash” panel weighs in on the latest news from the tech giant.
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META NFT Wallet Images in Instagram (Meta)
Meta Will End Support for NFTs on Instagram, Facebook
Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”
META NFT Wallet Images in Instagram (Meta)

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Facebook Parent Meta Exploring Decentralized Text-Based App: Report
Meta Platforms (META), the parent company of Facebook, is working on a decentralized text-based app, according to a report by TechCrunch on Friday. "The Hash" panel discusses Meta's latest push towards decentralized social media and the potential outcomes.
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Facebook CEO Mark Zuckerberg (Shutterstock)
Facebook Parent Company Meta Exploring Decentralized App: Report
The app will be a standalone product for sharing text updates.
Facebook CEO Mark Zuckerberg (Shutterstock)

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Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
At ETHDenver, one of the year’s biggest events on the crypto circuit, tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. "The Hash" panel discusses the details and subsequent industry implications.
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CDCROP: Businessmen fighting
Disinvitation From Denver Crypto Conference Reveals Tensions Between Aptos, Sui Blockchains
Tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project.
CDCROP: Businessmen fighting

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Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.
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Mark Zuckerberg, CEO de Meta. (Shutterstock)
La división del metaverso de Meta perdió US$13.700M en 2022
El gigante de las redes sociales informó pérdidas por US$4300 millones en la división durante el cuarto trimestre de 2022 sobre ingresos de US$727 millones.
Mark Zuckerberg, CEO de Meta. (Shutterstock)

CDCROP: Facebook CEO Mark Zuckerberg (Shutterstock)
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
CDCROP: Facebook CEO Mark Zuckerberg (Shutterstock)