SUI, Driven by Ex-Meta Employees, Launches its Testnet
The SUI network is a single-layer blockchain that is developed by ex-Meta employees. In a recent development, SUI has come a step closer to going live
Meta (Latest Publications)
Meta Prepares For “Large-Scale Layoffs” This Week Amid Cost Cutting: Report
Technology giant, Meta is reportedly planning to begin large-scale layoffs this week following several months of targeted staffing reductions. The mass layoffs could exacerbate pressure on
NFT Trading Will Be Available on Instagram
Meta reported that the social media platform Instagram will soon have an end-to-end toolkit for creators to make, show, and sell digital collectibles.
Facebook’s Metaverse Continues to Lose Money and Meta Shares Plunge 20%
Meta has reportedly suffered a loss of an estimated $9.4 billion over the development of the Facebook Metaverse. Based on the financial reports issued on Wednesday,
Microsoft Joins Forces With Meta To Launch Key Applications in the Metaverse
World’s largest software maker, Microsoft has just signed a deal with Meta, formerly named Facebook, Inc., to introduce its Office, Windows, and even Xbox Cloud Gaming
Now You Can Share Your NFTs on Facebook and Instagram
On Monday, Meta announced more details about the feature that will allow users to showcase their digital collectibles on Instagram.
Animoca Brands Wants to End the “Digital Dictatorship”
The bearish trend of the crypto market caused a major sell-off. Since November, the market has lost over $2 trillion in its valuation. Several investors and
The Metaverse Will Happen, But Not With Existing Corporate Attempts, Says Vitalik Buterin
Ethereum co-founder, Vitalik Buterin, claimed that the concept of metaverse is still at a fledgeling phase and vehement corporate attempts to construct a virtual world will
Oasis Labs Partners with Meta in Privacy Technologies
In order to ensure fairness for its AI models, Oasis Labs partners with meta using cutting-edge technology in the field of privacy assessment. Oasis Labs has
Meta Loses $2.8 Billion on Metaverse Division in Q2
The parent company of Facebook, Meta has reported a loss of around $2.81 billion on $452 million in revenue from its metaverse division. These were the
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