The ongoing rivalry between tech billionaires Elon Musk and Mark Zuckerberg has taken an unexpected turn as the two engage in a social media spat. It all began when Musk, who has gained a reputation for his controversial Twitter activity, challenged Zuckerberg to a “cage match” on the platform. In
Just over a year after revealing plans, big Tech firm Meta is now pausing plans to let users share digital collectibles on its Instagram and Facebook platforms. Stephane Kasriel, Meta’s head of commerce and financial services, declared on Twitter on Monday that the closure will allow it to focus on
Elon Musk, the Boss of Twitter, has continued to make significant announcements since taking over the firm. Musk tweeted this morning that the new Twitter policy will be to follow science, which unavoidably includes reasoned questioning of science, and that anyone who claims that questioning them is questioning science itself
Facebook Reality Labs (FRL) divisions outlined a $2.8 billion loss in Q2, 2022. Shift from “Facebook” to “Meta” states Mark’s intention to get fully involved in the metaverse. Meta’s metaverse division recorded a loss of $3.7 billion in the third quarter of 2022, which is around 1 billion higher than
The authorities have never before stopped a deal of this magnitude. Meta appreciates the help of the GIPHY team during this pivotal time. The UK competition authority has ruled against Meta’s (Facebook) proposed acquisition of Giphy, a platform for generating animated GIFs. The authorities have never before stopped a deal
The Senators’ letter specifically called out Meta sites as prime targets for fraudsters. The Senators also expressed their worry that Meta is not doing enough. As the parent company of Facebook, Meta, expands into the metaverse, numerous senators in the United States have requested Facebook CEO Mark Zuckerberg to demonstrate
Aiming to provide NFTs through Instagram avatars is already being considered. Both Meta Portal and Meta Horizon have been trademarked to encompass VR. Facebook (Meta) may be planning to launch its own cryptocurrency exchange and digital assets wallet, based on recent data from crypto commentator Bitcoin Archive on its Twitter
Goldman Sachs estimates that the metaverse might be worth $8 trillion. JPMorgan and HSBC have recently entered the metaverse. This week, Meta, formerly Facebook, registered eight new trademarks for its emblem with the US Patent and Trademark Office (USPTO). According to Mike Kondoudis, a USPTO-licensed trademark attorney, the applications were
Meta signs up a deal with Brazil. Meta to bring out all crypto and related services including BTC, for Brazil. Meta plans great for expanding itself further into crypto and related trades. The Meta Platforms Inc, also known as simple ‘Meta’ now plans on taking over the crypto industry by
Facebook has 2.89 billion users as of the last year, 2021. Meta plans to build the most prominent social media metaverse A lack of knowledge regarding blockchain and cryptocurrencies is the primary hurdle to widespread adoption. Social media companies are becoming involved in the game to push mainstream adoption, so
