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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.

By CoinDesk Staff

May 22, 2023 at 5:19 p.m. UTC

May 22, 2023

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Video

Nfts

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.

By CoinDesk Inc

Mar 14, 2023 at 5:56 p.m. UTC

Mar 14, 2023

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META NFT Wallet Images in Instagram (Meta)

Web3

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.”

By Cam Thompson

Mar 13, 2023 at 10:04 p.m. UTC

Mar 13, 2023

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Video

Techcrunch

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.

By CoinDesk Inc

Mar 10, 2023 at 5:54 p.m. UTC

Mar 10, 2023

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Web3

Facebook

Facebook Parent Company Meta Exploring Decentralized App: Report

The app will be a standalone product for sharing text updates.

By Jamie Crawley

Mar 10, 2023 at 8:41 a.m. UTC

Mar 10, 2023

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Video

Blockchain

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.

By CoinDesk Inc

Mar 1, 2023 at 5:49 p.m. UTC

Mar 1, 2023

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Technology

Aptos

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.

By Danny Nelson

Feb 28, 2023 at 4:40 p.m. UTC

Feb 28, 2023

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Video

Facebook

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.

By CoinDesk Inc

Feb 2, 2023 at 6:10 p.m. UTC

Feb 2, 2023

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Mark Zuckerberg, CEO de Meta. (Shutterstock)

Negocios

No-livewire

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.

By Nelson Wang

Feb 2, 2023 at 6:09 p.m. UTC

Feb 2, 2023

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