George Samuels went over why the "patent war" in the enterprise blockchain space is an important one to watch and why most of the digital currency market is asleep at the wheel.
In an SEC form 8-K filing Meta revealed that it is changing its public listing ticker on the Nasdaq stock exchange from 'FB' to 'META,' which will take effect on June 9.
Meta requested five trademarks for "Meta Pay," the description of the goods and services for the trademarks cover notes that the name will be used to offer "financial transaction processing services."
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.
Some individuals in the "cryptocurrency space" are promoting false beliefs that open-source software is free and has no copyright, and devs don't have liability for the software they are developing.
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.
While the applications could possibly signal yet another move by Meta to solidify the company’s position in the metaverse, they could also be just a precautionary measure to protect the brand and logo in the metaverse, even without plans to launch any related product.
The Australian Competition & Consumer Commission has taken federal level court action against Meta, alleging that the tech company is engaging in misleading and deceptive conduct over its publishing of scam advertisements.
The Australian Competition and Consumer Commission alleges Meta either knew the ads were misleading or assisted the scammers in attracting their target audience, while benefiting from placement revenue.
In his recent blog post, Bitcoin inventor Dr. Craig Wright discussed the vision for Bitcoin and what he wants to see in the future.
Unbounded Enterprise agrees with Meta CEO Mark Zuckerberg's idea about the metaverse, but they say one key component was missing in Zuckerberg's argument—micropayments.
