The Irish Data Protection Commission assessed Facebook search, FB messenger contact importer, and Insta contact importer tool and found that they violated compliance with GDPR’s obligations for data protection and design by default.
Meta CEO Mark Zuckerberg proceeds with the company's mass layoffs following a turbulent year and his desire to create a grand metaverse that largely went off the rail.
Meta's shares tumbled after the release of its Reality Labs financial report, which saw an operating loss of $3.67 billion and is likely to grow in the coming year, drawing panic among investors.
Six senators, including Elizabeth Warren, wrote a letter to the Meta CEO demanding to know how he is fighting scams after readmitting ads.
Instagram users in Africa, the Americas, the Middle East, and the Asia-Pacific regions can now post digital collectibles from three blockchains without charge.
Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its big bet on a proprietary metaverse continues to bleed money.
Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending the roller coaster that has been the Diem project.
The rollout will start on Instagram this week, and Mark Zuckerberg revealed that NFT integration is also coming to the Meta family of apps, including Facebook.
Reality Labs, Meta’s metaverse and AR division, has been recording rising losses since 2019, burning as much as $10 billion in 2021—and the losses this year is expected to be higher.
Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm suffered a $230 billion or a 25% drop in the value of its stock in a single day in February.
In this episode of the CoinGeek Weekly Livestream, host Kurt Wuckert Jr. shares his thoughts on COPA’s new member, the Fed's digital dollar, the price of Bitcoin, and BSV's latest projects.