Facebook Financial News

19.04 / 06:45

business Facebook Europe Google European Union EU sets up research hub to analyze Big Tech's AI algorithms

The European Commission has launched a new research unit that will investigate the impact of the algorithms made and used by prominent online platforms and search engines such as Facebook and Google.

05.04 / 21:53

Facebook BLOCK Google Platform bob Lee Cash App founder Bob Lee killed in stabbing

Lee's father, Rick Lee, confirmed the news in a Facebook post: "I just lost my best friend, my son Bob Lee when he lost his life on the street in San Francisco early Tuesday morning." Lee spent six years at Google before joining Square, now Block, in 2010, creating the hugely popular Cash App and serving as CTO.Most recently he had been chief product officer at cryptocurrency firm MobileCoin.On social media platform Nostr, Block boss Jack Dorsey called the death "heartbreaking," adding that “Bob was instrumental to Square and Cash App”.

04.04 / 11:37

Facebook Provident Twitter Progressive Telegram Platform Mobile Meta Masters Guild’s Expansive Gaming Ecosystem is Just What Web3 Needs

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

03.04 / 10:29

Facebook UPS Maxim Platform Fighting Metaverse The Metaverse Faces Uphill Battle as Tech Giants Struggle to Turn Concept into Reality – Can the Industry be Saved?

While tech giants continue to pour billions into the Metaverse’s development, industry observers caution that it could take years before the concept lives up to its promise. However, they also say that the technology’s nascent stage allows its developers to try to avoid repeating the mistakes that were made when the internet was created.

25.03 / 18:13

Facebook FIVE ETF Airlines Strategy Fallout Bank turmoil is boosting appetite for specific sector ETFs. Here’s why

In this article

23.03 / 08:09

Facebook Target Platform Strategy Tesla Tencent Time ad Tencent's online ad revenue grows for the first time in more than a year

BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing «video accounts» business.

16.03 / 00:49

Facebook Art Binance Artists Instagram Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 8–14

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

14.03 / 18:41

Facebook NFT Instagram Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest

Senior representatives of Meta, the parent company of Facebook and Instagram, announced that the company will be shutting down the ability to buy and sell non-fungible tokens (NFTs) on both platforms, less than a year after the feature was introduced.

14.03 / 18:33

Facebook Ethereum Digital CEO Platform Racing Meta Ceo Support Meta to wind down NFT support on Instagram, Facebook

Tech and social media giant Meta is winding down its non-fungible token (NFT) project, according to an announcement by Meta Commerce and Fintech lead Stephane Kasriel.

14.03 / 02:35

Facebook NFT Tokens Meta Instagram Meta pulling the plug on NFTs across Instagram and Facebook

Big Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media platforms Facebook and Instagram just under a year after it launched.

10.03 / 20:51

Facebook Blockchain Digital Microsoft Fighting RIG This New Crypto Will Be a Breakout Success During the Metaverse Winter – Here’s Why

The metaverse is a concept that has been thrown around for the past two years. So far, several companies like Facebook (now Meta) and Microsoft are pouring millions of dollars into embracing this new fantasy world before any other.

06.03 / 07:29

Facebook Blockchain Ethereum Google YouTube Snoop Dogg revealed as co-founder of Web3-powered livestream platform

American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called “Shiller" — adding to yet another Web3 partnership for the well-known hip-hop artist.

28.02 / 18:57

Facebook Blockchain Ethereum Twitter Digital Platform Exploring Exorde, the decentralized solution to online misinformation

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

17.02 / 15:33

Facebook Manufacturing Action Chase Tencent Adventure Chinese Tech Giant Tencent Announces 'Personnel Reshuffle' at Metaverse Unit, Dismisses Layoff Rumors – What's Going On?

The dawn of 2023 has seen crypto assets break free of suppresive year-long price action. But with many in tech betting big on the Metaverse at the start of 2022, things are getting ugly.

17.02 / 08:47

Facebook Blockchain Provident Digital Google CoinMarketCap week OriginTrail (TRAC) Earns 66.63% In a Week, Hooked Protocol (HOOK) Makes 36.15%, But Orbeon Protocol (ORBN) Profit Goes Astronomical

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

13.02 / 19:51

Facebook UPS Target Caterpillar Southern Stocks making the biggest moves premarket: Fidelity, Ralph Lauren, Caterpillar and more

In this article

03.02 / 15:15

Facebook Waves CEO Platform Dreams Meta Earnings Report: Zuckerberg's Metaverse Dream Becomes a $13.7 Billion Loss for Meta

Meta, the company behind social media giant Facebook, continued to bleed money in relation to its virtual reality-focused Reality Labs business in the fourth quarter of 2022, posting an operating loss of some $4.28 billion. In total, the unit’s operating loss for 2022 totaled as much as $13.72 billion.

02.02 / 04:23

business Facebook virtual reality Metaverse Meta Ceo Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

Meta CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022.

28.01 / 00:51

markets Facebook Libra Cardano Trading solana 5 reasons why the Aptos (APT) rally could still have wings

Aptos’ APT reached a new all-time high of $20.39 after posting gains exceeding 400% since the start of 2023. While the rally could just be a pump-and-dump event due to the perception of weak fundamentals, increasing negative sentiment toward the token will likely fuel the prices in the short term.

26.01 / 16:33

Facebook Blockchain UPS Ethereum Digital Aptos Price Prediction as APT Pumps Up 37% in 24 Hours – Is Aptos the New Solana?

The Aptos price has jumped to $18.44 today, with the layer-one cryptocurrency rising by as much as 37% within the past 24 hours. Its current level also means that it has gained by 141% in a week and by 400% in the last 30 days, as Aptos looks set to become the biggest layer-one network in the cryptocurrency ecosystem after Ethereum and BNB Chain.

17.01 / 19:01

Facebook COST Digital Crypto bank Silvergate posts $1bn loss

Silvergate was forced to sell $5.2 billion in assets at a loss to cover the cost and remain liquid - leading to the fourth quarter loss.The bank says that to prepare for a "sustained period of transformation" it will offboard some non-core customers and ditch some of its product portfolio.It has also confirmed that 40% of its workforce - 200 people - have been laid off and that it has written off the $196 million price its paid for the assets of Facebook's digital currency, Diem.Alan Lane, CEO, Silvergate, says: “While we are taking decisive actions to navigate the current environment, our mission has not changed. We believe in the digital asset industry, and we remain focused on providing value-added services for our core institutional customers.

frequently asked questions about Facebook

What is Facebook and why is it relevant?

Facebook is a significant category that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Facebook?

All new posts about Facebook can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on Facebook?

We consult with professionals to ensure that the information about Facebook is well-supported and valuable for our readers.