
Article by Steve Kaaru
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9 February, 2023
Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
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8 February, 2023
No end to Binance operations in Philippines despite SEC, BSP warnings: Infrawatch
Despite not being licensed or registered by the central bank of the Philippines, Binance is still offering “crypto-to-fiat” services and...
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8 February, 2023
Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?
Nigeria is replacing its paper money with redesigned currency notes, and with people queueing for hours just to get $43,...
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7 February, 2023
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
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7 February, 2023
BTC scammers make UK their home, exploiting lax company registration laws: report
It costs less than $20 to register a company in the United Kingdom, and no ID is required, which authorities...
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7 February, 2023
Core Scientific to borrow $70M from investment bank B. Riley
Core Scientific will use the funds to replace an existing credit facility from the same bank and to keep running...
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