Crypto News

Meta prepares for significant staff layoffs

Meta, the parent company of Facebook, is to lay off a sizable chunk of its workforce starting this week. After Twitter last week,.

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Crypto News

Creators will be able to produce and sell NFTs on Instagram

According to firm owner Meta Platforms Inc. (previously Facebook), social media platform Instagram will soon permit creators to mint and sell non-fungible tokens.

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Crypto News

Meta’s AR/VR division increases Facebook’s parent company’s increasing losses

According to its third quarter financial report released on Wednesday, Facebook’s parent company Meta stated that its metaverse branch Reality Labs lost US$3.7.

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Crypto News

The shareholder claims that Zuckerberg’s metaverse gamble is enormous and dangerous

Brad Gerstner, the chairman and CEO of Altimeter Capital and a shareholder in Meta Platforms Inc., addressed an open letter to Mark Zuckerberg,.

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Crypto News

Meta is releasing a virtual currency for use in the Horizon Worlds VR app

Meta is to introduce a new currency for its Facebook and Instagram platforms in order to foster a digital economy and minimize reliance.

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AI News

Meta emphasizes AI and introduces a new voice assistant

Overnight Asia time, Meta’s artificial intelligence (AI) section launched a Facebook livestream to explain how AI is being used to develop the metaverse.

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Crypto News

Facebook and Instagram are said to be working on adding NFT support

Meta is to introduce support for non-fungible tokens (NFTs) to its social media platforms Facebook and Instagram, according to a recent report by.

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Crypto News

Meta is rumored to be interested in selling the Diem Stablecoin project and assets

Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.

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Blockchain News

Facebook and Instagram may support the creation and sale of NFT

NFT to be supported by Facebook and Instagram: The next company to ride the NFTs wave may be Meta. According to Financial Times.

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Crypto News News

Facebook announces a $50 million investment fund to further its virtual metaverse

Facebook states that it will put $50 million into a two-year fund. Therefore, to start work on achieving the company’s virtual metaverse goal..

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