Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits (Read More)

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Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research

A new survey is projecting the market value of the global automotive market at $1.9B by 2030 (Read More)

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Meta Platform's CEO Gets Probed by Senators on Crime Combating Measures on its Apps

A group of U.S Senators wrote a letter to Meta’s CEO, Mark Zuckerberg on Thursday to inquire about strategies he is putting in place to mitigate the rise in fraud as a result of cryptocurrency use through Meta’s platforms such as Whatsapp, Facebook, and Instagram as reported by other social media platform (Read More)

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Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries

Months after it integrated NFTs into Instagram for American users, Meta Platforms announced the allowance's expansion to as many as 100 other countries. (Read More)

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Facebook Commences Trials for Digital Collectible Integration

Social media giant, Facebook has reportedly commenced trials for the integration of Non-Fungible Tokens (NFTs) on its platform. (Read More)

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Meta accused of propagating ‘deceptive’ crypto ads

Meta Platforms, Inc, which was formerly Facebook is in troubled waters after Australia’s consumer protection commission declared that it had initiated criminal proceedings against the tech firm for “false, misleading or deceptive conduct” in violation of consumer or securities laws. The Australian watchdog accused Meta of failing to do enough to prevent scam advertisements for […]

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Meta Cuts 10,000 Jobs and Refocus on Core Projects

Meta Platforms is cutting 10,000 jobs, cancelling lower-priority projects, and winding down efforts with non-fungible tokens on Facebook and Instagram.

The post Meta Cuts 10,000 Jobs and Refocus on Core Projects appeared first on BitPinas.

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Crypto godfather and LA cop plead guilty to tax, civil rights violations

Adam Iza, founder of the Zort crypto trading platform, and LASD deputy Eric Chase Saavedra admit to exploiting law enforcement.

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