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Instagram to reportedly launch text-based app to rival Twitter

[May 20, 2023 2:20 AM] The upcoming app will maintain a Twitter-like centralized feed, allowing users to view content such as text, images and videos shared by followers and recommended accounts.

Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

[May 4, 2023 3:30 PM] A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad…

Meta SEC filing reveals debt securities offering plans

[May 1, 2023 7:42 AM] The Facebook parent company filed a prospectus that says it may offer and sell debt securities occasionally.

Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data

[Apr 19, 2023 8:29 PM] The Twitter chief alleged Microsoft scraped information from the platform to train its AI and sell the data to others.

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

[Mar 15, 2023 1:30 PM] After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto…

Meta Winding Down Support for NFTs on Facebook, Instagram

[Mar 15, 2023 1:30 AM] U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms…

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

[Mar 2, 2023 4:30 PM] On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is…

Meta Reportedly Preparing for a New Round of Layoffs

[Feb 13, 2023 11:30 PM] Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams…

Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division

[Feb 4, 2023 12:30 AM] Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of…

Bitcoin underperforms stocks, gold for the first time since 2018

[Dec 28, 2022 8:45 AM] Bitcoin’s yearly losses are similar to high-profile stocks like Tesla and Meta, with BTC investors down 70% in 2022.

Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs

[Dec 20, 2022 5:00 AM] Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky…

A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

[Dec 10, 2022 5:23 PM] If the Supreme Court decides to strike down Section 230, it's going to become considerably more difficult for centralized social media companies to operate.

Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position

[Dec 9, 2022 9:30 AM] In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the…

The metaverse is happening without Meta's permission

[Nov 30, 2022 6:37 PM] Despite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision.

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

[Nov 28, 2022 3:57 PM] Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way.

'Metaverse’ a top 3 contender for Oxford’s Word of the Year

[Nov 22, 2022 11:32 PM] Oxford University has opened public voting for the first time with polls set to close on Dec. 2.

Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday

[Nov 10, 2022 3:23 PM] BTC bears are set to profit from this week's $710 million options expiry, which could be used to add further sell pressure to Bitcoin price.

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

[Nov 9, 2022 7:15 AM] The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.