Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case on Web3, where our corporate overseers will become powerless.
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Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The…
Meta enables Instagram NFT integration in over 100 countries
Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.
Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will…
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed…
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and…
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…
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook.
NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States.
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