Facebook Financial News
30.10 / 14:39
business
Facebook
Adoption
virtual reality
PUMP
FTX CEO dissects Mark Zuckerberg's intent to pump $10B/year into Meta
Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year on the rebrand, Sam Bankman-Fried (SBF), the CEO of the crypto exchange FTX, shared his thoughts on the rebranding and what it means for the future of Meta.
27.10 / 13:57
Facebook
Progressive
WSJ
reports
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs (FRL) division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
27.10 / 05:39
business
Facebook
Metaverse
Metaverse losses top $3.6B for Meta with spending set to increase
Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs with a $3.67 billion loss posted for the third quarter of 2022, stating those losses will further deepen next year.
26.10 / 13:25
26.10 / 03:21
Facebook
Adoption
Instagram
Potential US ban is a reminder that influencers should dump TikTok
People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game?
25.10 / 06:33
business
Facebook
Blockchain
Adoption
Meta Ceo
Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says
A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant's investment into the Metaverse as “super-sized and terrifying.”
24.10 / 21:21
Facebook
Blockchain
Career
Platform
Gala Games
Boosting TownStar: Gala Games hires Mark Skaggs as the new SVP of Games
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
18.10 / 02:59
Facebook
Technology
Social Media
Tech
Facebook is on a quest to destroy Web3
The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark.
17.10 / 15:09
Facebook
Technology
Adoption
virtual reality
Future
Quest Pro VR headset raises privacy concerns for Meta’s future in metaverse
Meta, the parent company of Facebook and Instagram, announced its latest virtual reality (VR) headset at the Meta Connect 2022 event on Oct. 11. The company introduced new features to enhance digital avatars, which raised privacy concerns regarding data collection.
14.10 / 04:37
Facebook
Williams
Bitcoin
Will Siveter -- First The Ipod King, Now The Shiba Inu General
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
10.10 / 20:19
Facebook
Career
CEO
crypto sector
Financial
Billionaire Chamath Predicts This Crypto Sector Will Transform All Financial Assets
Billionaire investor Chamath Palihapitiya believes that decentralized finance (DeFi) will eventually allow people across the world to monetize and financialize all of their assets, allowing to place them on the blockchain.
06.10 / 04:29
Facebook
Manufacturing
Pool
An NFT Collection that Creates a Metaverse and Unites a Global Community
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
03.10 / 20:15
Facebook
Twitter
Digital
All Facebook and Instagram Users in the U.S. Can Now Display Their NFTs
A long-awaited digital collectible feature has finally arrived on Instagram after parent company Meta announced last week that its non-fungible tokens (NFTs) would be available to millions of U.S. users. The new feature lets Facebook and Instagram users connect their cryptocurrency wallets to their accounts and show off their NFTs. Meta also announced NFT support on Instagram for 100 different countries.
02.10 / 16:43
Facebook
Libra
Blockchain
Stablecoin
regulatory
Terra could leave a similar regulatory legacy to that of Facebook’s Libra
New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST).
29.09 / 21:47
business
Facebook
NFT
Instagram
Meta introduces NFT crossposting and sharing on Instagram
Meta, Facebook and Instagram's parent company, announced another development in its digital arts initiative. As of Sept. 29, all users on both platforms can connect wallets and share nonfungible tokens (NFTs) across 100 countries.
22.09 / 16:15
business
Facebook
Art
Gaming
AIM
Accessibility
NOT
Metaverse graphics aim for community and accessibility — Not realism
Some may argue that the Metaverse has been around for years, as demonstrated by early gaming platforms, yet virtual ecosystems are now being embraced by almost every industry. A recent report from consulting firm McKinsey & Company believes that the Metaverse has the potential to generate at least $5 billion in value by 2030. McKinsey also found that investments exceeding $120 billion have been put toward Metaverse platforms this year, indicating that major growth is underway.
11.09 / 16:49
Facebook
Provident
Digital
Latin America is ready for crypto — just integrate it with their payment systems
Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of massive internet centralization in recent years. This concentration of power has enabled huge shares of communication and commerce closed platforms, giving users little control over how their data is collected.
09.09 / 20:23
Facebook
Social Media
Fraud
Meta Ceo
lawmakers
Crypto scams
US lawmakers
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud.
01.09 / 00:35
Facebook
Blockchain
Twitter
Instagram
Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news
On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site.
30.08 / 13:01
Facebook
Digital
Platform
Meta Users Can Now Post Digital Collectables on Instagram and Facebook
Meta Platforms Inc has announcedthat it has enabled the digital collectables features across its two major social media apps — Instagram and Facebook.
what you should know about Facebook
What is Facebook and why is it gaining attention?
Facebook is a significant category that is in the spotlight. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on Facebook?
All recent news about Facebook can be found in the dedicated section. We publish information regularly.
How can I verify the accuracy of information on Facebook?
We consult with professionals to ensure that the information about Facebook is accurate and valuable for our readers.
