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,.
Meta, the parent company of Facebook, is to lay off a sizable chunk of its workforce starting this week. After Twitter last week,.
According to firm owner Meta Platforms Inc. (previously Facebook), social media platform Instagram will soon permit creators to mint and sell non-fungible tokens.
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.
Brad Gerstner, the chairman and CEO of Altimeter Capital and a shareholder in Meta Platforms Inc., addressed an open letter to Mark Zuckerberg,.
Meta is to introduce a new currency for its Facebook and Instagram platforms in order to foster a digital economy and minimize reliance.
Overnight Asia time, Meta’s artificial intelligence (AI) section launched a Facebook livestream to explain how AI is being used to develop the metaverse.
Meta is to introduce support for non-fungible tokens (NFTs) to its social media platforms Facebook and Instagram, according to a recent report by.
Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.
NFT to be supported by Facebook and Instagram: The next company to ride the NFTs wave may be Meta. According to Financial Times.
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..