Tag: Meta

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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

Meta CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality La [...]
Meta gets court win in metaverse acquisition plans: Report

Meta gets court win in metaverse acquisition plans: Report

A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company.Accordin [...]
Meta to Reinstate Trump’s Facebook and Instagram Accounts

Meta to Reinstate Trump’s Facebook and Instagram Accounts

Donald Trump had been barred from the social media platforms after the Jan. 6, 2021, storming of the Capitol. Twitter reinstated him last year. www.n [...]
Meta Dips Toe Back Into Policy Circles to Boost Metaverse

Meta Dips Toe Back Into Policy Circles to Boost Metaverse

Meta hopes for an eventual “interconnectability” between the different global jurisdictions that will be wrestling with rules for the metaverse econom [...]
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg

Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg

Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, [...]
Meta CEO Mark Zuckerberg Still 'Long-Term Optimistic' on Metaverse

Meta CEO Mark Zuckerberg Still 'Long-Term Optimistic' on Metaverse

“The skepticism doesn’t bother me that much,” the CEO of Facebook's parent company said at the New York Times Dealbook Summit on Wednesday. www.coind [...]
Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data

Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data

The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach of the European Union’s Gen [...]
Tesla, Meta, DR Horton and more

Tesla, Meta, DR Horton and more

Check out the companies making headlines before the bell:Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the d [...]
Meta joins big tech layoffs, lets go of 11,000 employees

Meta joins big tech layoffs, lets go of 11,000 employees

The Facebook parent company Meta announced that about 13% of its current workforce has been cut in the first mass layoff in the company’s history. In [...]
Meta Slashes Over 11,000 Jobs, 13% of its Workforce

Meta Slashes Over 11,000 Jobs, 13% of its Workforce

The job cuts were across its Family of Apps and Reality Labs segments. www.coindesk.com [...]
Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?

Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?

Social media and tech giant Meta is reportedly gearing up for “large-scale layoffs” this week amid rising costs and a recent collapse of its share pri [...]
Decentralized Storage Solution Arweave's Native Token Surges 60% on Meta Integration

Decentralized Storage Solution Arweave's Native Token Surges 60% on Meta Integration

Meta, a Web2 giant, brings data permanency to Instagram with the help of Arweave's decentralized storage technology. www.coindesk.com [...]
Come one, come all! Meta to bring NFT minting and trading to Instagram

Come one, come all! Meta to bring NFT minting and trading to Instagram

Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel N [...]
Facebook became Meta one year ago: Here’s what it’s achieved

Facebook became Meta one year ago: Here’s what it’s achieved

It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021.The name change ref [...]
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