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.
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.
Instagram’s Move into NFTs: What We Know About Mark Zuckerberg’s Test
Meta (FB) CEO Mark Zuckerberg said that Instagram will begin testing non-fungible token (NFT) integrations this week, with an initial focus on Ethereum-based assets. “The Hash” panel discusses Meta’s plans for augmented reality NFTs with their Spark AR software and potential clashes between Web 2 and Web 3 cultures.
What Has the Russia-Ukraine War Meant for Crypto Social Media?
Lunarcrush Founder & CEO Joe Vezzani discusses the impact of a Russian court's decision to ban Facebook and Instagram for “extremist activity” as the war in Ukraine continues. Plus, a conversation on why the Ukrainian government accepting cryptocurrency donations resonates deeply with the online crypto community.
