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3 August, 2023
Meta lost $3.7B on Reality Labs, but Zuckerberg still committed to metaverse bet
With $4 billion in expenses and only $276 million in revenue, Reality Labs continues to be a money pit for...
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15 March, 2023
Meta gives up on NFTs
After debuting NFTs on Facebook and Instagram in 2022, Meta is winding down the project, which hasn’t taken off amid...
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14 March, 2023
Meta plans for decentralized social media app unveiled in new report
Dubbed P92, the app will be text-based, and users can access the platform using their Instagram log-in details; it will...
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27 January, 2023
Barry Silbert was bullish on Bitcoin BSV—even in 2014
Barry Silbert was bullish on bitcoin in 2014; however, in 2017-2022, he turned to a multi-chain and speculation/trading-based investment strat,...
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6 January, 2023
Irish privacy regulator fines Meta more than $400M over illegal ad practice
The decision by Ireland's Data Privacy Commissioner (DPC) found that Meta had illegally forced users to accept personalized ads by...
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30 November, 2022
More bad news for Meta as Irish DPC imposes €265M fine over GDPR violations
The Irish Data Protection Commission assessed Facebook search, FB messenger contact importer, and Insta contact importer tool and found that...