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Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
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 integra...
Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
By CoinDesk Inc
Mar 14, 2023 at 5:56 p.m. UTC
Mar 14, 2023
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(Meta)
Web3
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)
By Cam Thompson
Mar 13, 2023 at 10:04 p.m. UTC
Mar 13, 2023
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Facebook Parent Meta Exploring Decentralized Text-Based App: Report
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...
Facebook Parent Meta Exploring Decentralized Text-Based App: Report
By CoinDesk Inc
Mar 10, 2023 at 5:54 p.m. UTC
Mar 10, 2023
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Meta CEO Mark Zuckerberg (Shutterstock)
Web3
Facebook
Facebook Parent Company Meta Exploring Decentralized App: Report
The app will be a standalone product for sharing text updates.
Meta CEO Mark Zuckerberg (Shutterstock)
By Jamie Crawley
Mar 10, 2023 at 8:41 a.m. UTC
Mar 10, 2023
FacebookMetaWeb3
Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
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...
Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
By CoinDesk Inc
Mar 1, 2023 at 5:49 p.m. UTC
Mar 1, 2023
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(Getty Images)
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.
(Getty Images)
By Danny Nelson
Feb 28, 2023 at 4:40 p.m. UTC
Feb 28, 2023
AptosEthereumETHDenverconferenceBlockchainFacebookMeta
Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
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 $...
Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
By CoinDesk Inc
Feb 2, 2023 at 6:10 p.m. UTC
Feb 2, 2023
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Meta CEO Mark Zuckerberg (Shutterstock)
Finance
Facebook
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.
Meta CEO Mark Zuckerberg (Shutterstock)
By Nelson Wang
Feb 1, 2023 at 9:22 p.m. UTC
Feb 1, 2023
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Facebook Parent Meta's Latest Gameplan to Boost Metaverse
Video
Facebook
Facebook Parent Meta's Latest Gameplan to Boost Metaverse
After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative in 2019, the company is back with an effort to influence digital p...
Facebook Parent Meta's Latest Gameplan to Boost Metaverse
By CoinDesk Inc
Dec 2, 2022 at 6:55 p.m. UTC
Dec 2, 2022
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Meta Platforms CEO Mark Zuckerberg (Mandel Ngan-Pool/Getty Images)
Policy
Regulations
Facebook Parent Meta Dips Toe Back Into Policy Circles to Boost Metaverse
Still haunted by its Libra debacle, the company offers a gentle nudge on how governments might pursue metaverse policies.
Meta Platforms CEO Mark Zuckerberg (Mandel Ngan-Pool/Getty Images)
By Jesse Hamilton
Dec 2, 2022 at 3:00 p.m. UTC
Dec 2, 2022
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