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Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while…
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…
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.
“I worry about things that are not directly related to blockchain and the Metaverse. I worry about climate change and about social fragmentation.”
The Series A funding round has brought Aptos Labs total capital raised in 2022 to $350 million. Aptos Closes $150 Million Funding Round Former Meta employees have raised $150 million...
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in…
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation.
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…
The diminishing interest in NFTs hasnt discouraged Facebook parent company Meta from pursuing its big strategic bet on the technology. Meta Keeps Course as NFTs Lose Floors Despite the downward...
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…