Meta’s Reality Labs Hits $1 Billion in Q4 Revenue Despite $4.65 Billion in Operating Loss
Meta’s metaverse unit – Reality Labs – recorded its most successful quarter to date despite sustaining significant financial…
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Facebook (META)
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Meta Apologizes to Qatari Billionaire Over Scam Crypto Ads on Facebook: Report
According to a Financial Times report, Meta, the American social media conglomerate, has publicly apologized to Qatari billionaire…
Amid AI Mania: Meta Upgrades Social Apps With Big Injection of Artificial Intelligence
On Dec. 6, the firm formerly known as Facebook announced a raft of AI-focused updates to its social…
Meta’s Reality Labs Division Reports Unexpected $3.7B Loss in Q3
Meta Platforms Inc.’s ambitious pursuit of the metaverse concept, championed by CEO Mark Zuckerberg, continues to come at…
Bakkt Partners With David Marcus’ Lightspark to Bring UMA to the Lightning Network
Bakkt, the New York-based digital assets platform, has joined LightSpark as one of the first partners in a…
Sui’s zkLogin to Provide Easy Access to Ecosystem via Google, Facebook, Twitch
Sui Foundation – the organization behind the development of Sui Network – announced the launch of zkLogin, a…
Thailand Could Shut Down Facebook (Meta) Over Crypto Scam Allegations
Thailand’s Minister of Digital Economy and Society (DES) said he might propose to the court to close Meta…
Facebook’s Answer to Twitter: A Complete Guide on Threads
The social media landscape has been static for several years. But the launch of Threads, rolled out by…
Cathie Wood’s ARK Invest Offloads Over $88M Worth Coinbase’s COIN Shares in 2 Weeks
Investors are closely monitoring Coinbase’s earning reports as shares of the crypto giant COIN are up more than…
Twitter’s New Rival Threads Hits 100 Million Users in 4 Days
On July 6, Mark Zuckerberg, the CEO and founder of Facebook’s parent company Meta Platforms, launched a new…