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Meta
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.
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
Aptos Labs, a layer 1 blockchain from Meta Platforms’ former employees, has raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto. “The Hash” panel discusses what this means for the fate of Diem and whether the Facebook-funded project could come back to life.
Tech Giants Create Metaverse Standards Forum for Software and Terminology Standards
Some of the biggest names in gaming and software, including Meta and Microsoft, are coming together to build the infrastructure for an interoperable metaverse. “The Hash” hosts discuss the industry implications, potential outcomes and at least one major tech player who’s missing from this group.
Crypto Bounces After Fed Hike; Three Arrows Insolvency Concerns
Crypto markets react positively to the Federal Reserve’s largest hike since 1994, but longer term concerns remain. Singapore-founded Three Arrows Capital is in hot water over liquidation concerns, Coinbase lays out plans for development in India despite global job cuts, and Yahoo and Meta will use Hong Kong as a metaverse test bed.
Neal Stephenson on Meta's Metaverse Plans: It's a Free Competition
"Snow Crash" author Neal Stephenson says he's "suspicious" of any commercial projects where it's not clear how money is made. Plus, his takes on Meta's metaverse plans.
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.
Meta: Exploración de monedas virtuales no basadas en blockchain: Informe
Los planes de la compañía para las funciones NFT en Facebook e Instagram también siguen avanzando.
El propietario de Facebook, Meta, es demandado por el organismo australiano de control del consumidor por anuncios fraudulentos de Cripto.
La Comisión Australiana de Competencia y Consumo afirma que Facebook e Instagram vincularon artículos de medios falsos que vinculaban acuerdos de Cripto con celebridades que no lo sabían.
Ex-Meta Coders Raising $200M to Bring Back Diem
In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back to life. “The Hash” discusses where Diem stands in the current blockchain ecosystem and potential venture capital interest.