Meta Suffers a Loss in Their Metaverse Sector

Facebook Reality Labs (FRL) divisions outlined a $2.8 billion loss in Q2, 2022. Shift from “Facebook” to “Meta” states Mark’s

1 month ago 2 mins read

Meta (Facebook) Asked To Sell GIPHY by UK Competition Authority

The authorities have never before stopped a deal of this magnitude. Meta appreciates the help of the GIPHY team during

1 month ago 2 mins read

U.S Senators Question Meta Over Prevention of Crypto Scams

The Senators’ letter specifically called out Meta sites as prime targets for fraudsters. The Senators also expressed their worry that

3 months ago 2 mins read

Meta Files Multiple Trademark Applications For Blockchain and Crypto Products

Aiming to provide NFTs through Instagram avatars is already being considered. Both Meta Portal and Meta Horizon have been trademarked

8 months ago 2 mins read

Meta (Facebook) Files for Multiple New Trademarks With USPTO

Goldman Sachs estimates that the metaverse might be worth $8 trillion.  JPMorgan and HSBC have recently entered the metaverse. This

8 months ago 2 mins read

Meta Expands Into a BTC & Crypto Platform for Brazil

Meta signs up a deal with Brazil. Meta to bring out all crypto and related services including BTC, for Brazil. 

9 months ago 2 mins read

Major Giants Back Blockchain-Based Social Media For Widespread Crypto Adoption

Facebook has 2.89 billion users as of the last year, 2021. Meta plans to build the most prominent social media

10 months ago 2 mins read

Aussie Billionaire Takes Meta to Court Over Crypto Scams

One Australian victim lost $952,000 AUD after falling for the hoax. Meta might face penalties and be forced to modify

10 months ago 2 mins read

Meta Joins Crypto Open Patent Alliance (COPA) Managed by Block

Meta also owns Novi, a digital wallet subsidiary started under Calibra. Meta is winding down the Diem project and paying

10 months ago 2 mins read

Facebook (Meta) Applies Trademark for Crypto Services in Brazil

Meta’s trademark filing order was made on October 5, 2021, from Jamaica. The application for registration was published on January

10 months ago 2 mins read