author

Article by Steve Kaaru

Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
-
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...
No end to Binance operations in Philippines despite SEC, BSP warnings: Infrawatch
-
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...
Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?
-
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,...
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
-
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...
BTC scammers make UK their home, exploiting lax company registration laws: report
-
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...
Core Scientific to borrow $70M from investment bank B. Riley
-
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...

Recommended for you

Bank of Italy: MiCA not enough buffer from stablecoin risk
Fabio Panetta says the digital euro could be a better solution as dollar-pegged stablecoins take over while advocating for global...
June 6, 2025
Ethiopia pushes for domestic AI; S. Africa clears path for Starlink
Elsewhere, South Africa requires telcos to have at least 30% black ownership to receive permit, but the gov’t is changing...
June 6, 2025
Advertisement