Meta

Meta Lands a Victory in Europe and Then It Gets a New Inquiry 
Meta Lands a Victory in Europe and Then It Gets a New Inquiry 
January 28, 2022  |  Regulation

While investors are waiting for Meta’s quarterly reports next week to learn the company´s plans for the metaverse — or in other words, how much...

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EU Conditionally Approves Facebook Parent’s Buy of Kustomer
EU Conditionally Approves Facebook Parent’s Buy of Kustomer
January 28, 2022  |  Acquisitions

The chief regulator of the EU has approved Meta Platforms’ acquisition of Kustomer, a report from Seeking Alpha says, which concludes a saga that was...

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Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
January 27, 2022  |  Facebook

Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing...

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Facebook Diem: Move Fast, Break Things, Then Crash Into a Wall
Facebook Diem: Move Fast, Break Things, Then Crash Into a Wall
January 26, 2022  |  Cryptocurrency

Facebook’s sudden announcement of the Libra stablecoin on June 18, 2019 was the epitome of its old motto, “move fast and break things.” Thirty-one months...

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Facebook Eyes Sale of Diem Assets
Facebook Eyes Sale of Diem Assets
January 25, 2022  |  Facebook

Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). The Diem Association, which...

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Meta Veteran Sherice Torres Named Circle CMO
Meta Veteran Sherice Torres Named Circle CMO
January 25, 2022  |  Personnel

Circle, the global FinTech and USD Coin operator, has named tech industry veteran Sherice Torres as its chief marketing officer. “A respected and well-known professional...

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Meta Preps For Metaverse With World’s Fastest Computer
Meta Preps For Metaverse With World’s Fastest Computer
January 25, 2022  |  Meta

Meta has unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant says will — by mid-year — be the fastest on...

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Facebook, Instagram Jump Into NFTs, a Springboard to the Metaverse
Facebook, Instagram Jump Into NFTs, a Springboard to the Metaverse
January 20, 2022  |  Metaverse

Meta’s two main social networks, Facebook and Instagram, are planning a big move into the nonfungible token (NFT) market, according to reports. By making it...

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EU Parliament Approves Digital Service Act Targeting Big Tech
EU Parliament Approves Digital Service Act Targeting Big Tech
January 20, 2022  |  Big Tech

The European Parliament approved on Thursday (Jan. 20), with 530 votes in favor, 78 against and 80 abstentions, the Digital Service Act (DSA). This bill...

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