Meta
Meta Platforms Slashes Over 11,000 Jobs, 13% of Its Workforce
The job cuts come from across its businesses, including its apps and metaverse divisions.

Aptos CEO Defends 'Fair' Tokenomics After Community Backlash
The CEO of Aptos, the layer 1 blockchain led by former Meta employees that went live last month, has defended the project's "fair" token allocation following a wave of criticism from its community. "The Hash" panel discusses the latest in the world of tokenomics.

MATIC Rally Gathers Speed as Meta Announces Polygon-Powered NFTs, Chart Signals Golden Cross
"Polygon's MATIC could be a core long position," one strategist said.

Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.

Decentralized Storage System Arweave's Native Token Surges 60% on Meta Integration
Meta, a Web2 giant, is bringing data permanency to Instagram with the help of Arweave's decentralized storage technology.

Instagram Users Will Soon Be Able to Mint and Sell NFTs
The latest update to the platform's Digital Collectibles feature will first be tested among a small group of creators.

Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart
While a repeat of the super-rally seen in the second half of 2021 might not be likely, that era did come to mind last week as bitcoin showed strength.

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3
Meta Platforms (FB) reported lower-than-expected third quarter revenue of just $285 million for its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. "The Hash" panel discusses what this means for Meta and its metaverse ambitions.

Meta Misses Q3 Revenue Estimate for Metaverse Divison
Facebook's parent company Meta misses revenue estimate for its metaverse division in Q3. Eaglebrook Advisors' Joe Orsini says "it's company specific" and isn't a real headwind to the metaverse in general. Plus, his take on real applications of the metaverse.

Deepak Chopra on Meta's Metaverse: 'The Giants May Not Survive'
Seva.Love co-founder and wellness expert Deepak Chopra comments on Meta's metaverse following the company's latest earnings report. "The big guys become the dinosaurs," he says. He's joined by Seva.Love Co-Founder and CEO Poonacha Machaiah.
