Tag: Facebook

During a Q4 earnings call, Mark Zuckerberg said he saw no reason to deviate from the company’s long-term metaverse strategy. Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the metaverse, despite operating losses for its Reality Labs business peaking in 2022. Meta on Feb. 1 released earnings showing that…

Meta now allows users include digital collectibles on Facebook. Meta’s move expands NFT features from its initial launch point on Instagram to Facebook, with more than 2.9 billion users. Social media giant Meta said it now allows users to post their digital collectibles and NFTs to their Facebook accounts. Meta, the parent company for Facebook…

Meta, Facebook’s parent company, is reportedly working on plans to allow users to create and sell NFTs on the social platform, as it seeks to join the race of companies trying to capitalize on the digital collectibles within its planned metaverse. The social media group is hurry to enter the hot $40 billion NFT market….

David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, said Tuesday that he will be parting company with the social media giant. Experts suggest that Marcus’s departure comes after delays of the Diem project amid scrutiny from regulators. Marcus announced the decision via a Monday tweet but hinted that it might be something…

Meta, ex-Facebook, on Wednesday announced its decision to reverse its long-standing policy that prevented most cryptocurrency companies from running ads on its services. The company’s new policy is huge for the crypto industry and will allow more retail investors to access cryptocurrencies than ever before. Citing greater government oversight and a more mature market for…

We must again turn our attention to Facebook’s cryptocurrency ambitions and the actions of American regulators – there has recently been a surprising turn in the events of the case. Facebook has announced the launch of its own crypto wallet, Novi. It is a colossal payment network that uses the Pax Dollar (USDP) stablecoin as…