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Facebook's Mark Zuckerberg Firing 11,000 After Company Spends $15bn On Metaverse
9.11.2022
Rumors have swirled this week, and now it’s confirmed: Meta, the owner of Facebook, WhatsApp, Instagram and Oculus VR, is sacking 13 percent of its workforce, a total of around 11,000 employees out of work. This comes in the wake of the company having spent an extraordinary $15 billion on...
Microsoft and Meta partnership brings Office 365 apps to the Metaverse
12.10.2022
A suite of Microsoft products will feature in Meta’s new Virtual Reality headset, with Meta CEO Mark Zuckerberg calling it the “virtual office of the future.”
Craig Wright Wins One Pound, Bitcoin & Ethereum Flows, Ledger's Deal, Soulbound Binance + More News
1.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Craig Wright Wins One Pound, Bitcoin & Ethereum Flows, Ledger's Deal, Soulbound Binance + More News
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...
Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services
21.5.2022
Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed...
Trademark Applications Suggest Meta May Launch Crypto Platform
19.5.2022
Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed 'Meta Pay'.
According to records submitted to the United States Patent and Trademark Office (USPTO), Meta filed five new trademark applications on May 13, which echo...
Meta will open physical metaverse-themed store in San Francisco Bay Area
25.4.2022
The store, which will be located on the company campus in Burlingame, California, will feature a wall-to-wall curved LED screen that displays what users see using Meta VR headsets
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
4.2.2022
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms
Meta’s AI Supercomputer to 'Pave the Way' Towards Building the Metaverse
25.1.2022
Giant social media company Meta (previously Facebook) has unveiled its plans to build a powerful AI supercomputer, called the AI Research SuperCluster (RSC) — which Meta claims is already among the fastest such supercomputers in the world.
The company stated that this would be the fastest...
Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name
14.12.2021
Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.
Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...
Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales
2.12.2021
The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels...
BREAKING: Meta expands crypto advertisement eligibility on Facebook
1.12.2021
The company said it will allow many more crypto and blockchain advertisements on Facebook and Instagram due to expanded eligibility terms