Meta Could Launch Private Currency With GENIUS Act Loophole, Say Senators
TL;DR Meta is reportedly preparing to revive its plans for a private stablecoin, taking advantage of a legal gap in the recently passed GENIUS Act. Critical
Meta (Latest Publications)
Meta Explores Stablecoins Again: Will This Time Be Different After Libra’s Failure?
TL;DR Meta is in early talks with crypto firms to implement stablecoins for cross-border payments, especially for Instagram creators. The company has yet to officially confirm
What is Decentralized AI and What Changes Does It Bring?
TL;DR Decentralized AI seeks to transform the development and governance of artificial intelligence by distributing control among participants. Transparency and trust: Decentralization allows models to be
Meta to Cut Staff in Metaverse Silicon Valley Unit
Meta, the parent company of Facebook, is gearing up for staff reductions within its Reality Labs division, a crucial driver of its metaverse initiatives. Employees received
Meta Expands its Metaverse Project “Horizon Worlds” to Mobile and Web
Meta announced on Thursday that it is expanding its “Horizon Worlds” metaverse ecosystem from virtual reality (VR) headsets to mobile devices and desktop web browsers.
Meta Remains Steadfast on Metaverse Despite Bleeding Billions of Dollars
Meta, formerly named Facebook, isn’t giving up on its metaverse dream despite Reality Labs, the metaverse-focused division within Meta, continuing to operate at a loss. Even after incurring billion
Meta Executive Says “Metaverse Hype is Dead” Despite Global Firms Ramping Up Virtual Presence
Vishal Shah, Meta’s VP of Metaverse, believes the “metaverse hype is dead,” suggesting global conglomerates including Disney, Microsoft, and other firms, are putting their metaverse ambitions
Meta Unit’s Q1 2023 Metaverse Fund Sees Nearly $4B Loss
Reality Labs, the metaverse-focused division within Meta, formerly known as Facebook, posted a net loss of nearly $4 billion in the first quarter of 2023. However,
Will the Metaverse ever be real? Here’s what you should know about its current status
The idea of the Metaverse, a truly immersive virtual world where individuals may connect and communicate with each other, has gained popularity in recent years in
Meta Removes NFTs from Facebook, Instagram
Meta, the company behind popular social media platforms like Facebook, Instagram and WhatsApp, has just announced it is “winding down” support for non-fungible tokens (NFTs) on
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