Report: Facebook Shifting Away From News, Betting Big on Creator Economy
Facebook is scaling back from its news tab and bulletin newsletter platform as the social media giant focuses more on the creator economy, according to a Wall Street Journal report. "The Hash" panel hosts discuss what this suggests about the future of Meta and online news.
Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
Facebook parent company Meta posted a second-quarter loss of $2.81 billion in its Facebook Reality Labs (FRL) division, but CEO Mark Zuckerberg remains optimistic, noting the company is more focused on its long-term metaverse and Reels growth. "The Hash" panel discusses the tech giant's Q2 earnings report and an outlook into the future of metaverse.
Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
Meta reported revenue of $452 million for the division, down from $695 million in the first quarter.
The Meta-Dilemma
Frances Haugen, Former Facebook Product Manager, joins Filecoin Foundation's President and Chair Marta Belcher at Consensus 2022 to discuss the lessons from Web2 giants prioritizing their own profits over public safety, and how Web3 could do better.
Web3 Startup Mysten Labs Aiming for $2B Valuation in Latest Funding: Report
FTX Ventures is reportedly leading this round for Mysten, which was founded by former Meta (Facebook) executives.
Meta Affirms Digital Collectibles Plan Despite Crypto Crash: Report
New fintech head Stephane Kasriel said the company's plans to bring NFTs to its users have not changed "in any way."
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.
Meta comienza las pruebas de integración de NFTs en Facebook
Las pruebas con tokens no fungibles en Facebook le siguen a una serie de integraciones piloto en Instagram que tuvieron lugar en mayo.
