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Nalezeno "Pivot": 153

Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot


Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...

Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report


Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...

Meta Brings Metaverse-Like 3D Ads to Facebook and Instagram


Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change. This is possible due to a new integration in Meta’s AR (Augmented Reality) publishing library with a development from a company called...

Radioshack Goes Defi in Its Latest Iteration


Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which...

Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model


Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will...

Microsoft to Offer Mesh, a Corporate Metaverse for Teams


Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming...

Bitcoin and Ethereum Correct After Clearing Key Hurdles


rget="_blank" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH retreated lower after it failed to test the USD 3,500 resistance. XRP was able to settle above the USD 1.00 pivot level. ADA spiked towards USD 2.32 before correcting lower.Total market capitali

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