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Mark Zuckerberg

Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
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7 July, 2022

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream

Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending...
Instagram starts testing NFT integration with select creators
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12 May, 2022

Instagram starts testing NFT integration with select creators

The rollout will start on Instagram this week, and Mark Zuckerberg revealed that NFT integration is also coming to the...
Facebook’s Reality Labs lost $3B in Q1, but Zuckerberg says metaverse is the future
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2 May, 2022

Facebook’s Reality Labs lost $3B in Q1, but Zuckerberg says metaverse is the future

Reality Labs, Meta’s metaverse and AR division, has been recording rising losses since 2019, burning as much as $10 billion...
Zuck Bucks: Meta attempts Diem 2.0?
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12 April, 2022

Zuck Bucks: Meta attempts Diem 2.0?

Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm...
CoinGeek Weekly Livestream: Meta joins COPA, Federal Reserve’s Project Hamilton and Norwegian CBDC
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11 February, 2022

CoinGeek Weekly Livestream: Meta joins COPA, Federal Reserve’s Project Hamilton and Norwegian CBDC

In this episode of the CoinGeek Weekly Livestream, host Kurt Wuckert Jr. shares his thoughts on COPA’s new member, the...
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