Facebook (META)

Meta’s Reality Labs Hits $1 Billion in Q4 Revenue Despite $4.65 Billion in Operating Loss

Meta credited the third-quarter earnings to the holiday season sales of the Quest 3, its latest virtual reality headset.

3 months ago

Meta Apologizes to Qatari Billionaire Over Scam Crypto Ads on Facebook: Report

Three year legal battle concludes with Meta apologizing to Al Mana for unauthorized ads, causing reputational damage and distress.

4 months ago

Amid AI Mania: Meta Upgrades Social Apps With Big Injection of Artificial Intelligence

Meta is making a number of enhancements across its suite of applications, most of which are focused on artificial intelligence…

5 months ago

Meta’s Reality Labs Division Reports Unexpected $3.7B Loss in Q3

Meta announced that its Reality Labs division, focused on the metaverse, incurred a loss of $3.7 billion in the third…

6 months ago

Bakkt Partners With David Marcus’ Lightspark to Bring UMA to the Lightning Network

The former Diem head launched his LN project back in May 2022.

6 months ago

Sui’s zkLogin to Provide Easy Access to Ecosystem via Google, Facebook, Twitch

Sui Network will now allow users to join its ecosystem without having to install a wallet or manage seed phrases.

8 months ago

Thailand Could Shut Down Facebook (Meta) Over Crypto Scam Allegations

The proposal regarding the closure of Facebook (Meta) in Thailand could be introduced by the end of August.

8 months ago

Facebook’s Answer to Twitter: A Complete Guide on Threads

The Twitter vs Threads Saga: Where will end? Will it be a cage match or another court-room drama?

9 months ago

Cathie Wood’s ARK Invest Offloads Over $88M Worth Coinbase’s COIN Shares in 2 Weeks

Coinbase is expected to release its Q2 earnings early next month.

10 months ago

Twitter’s New Rival Threads Hits 100 Million Users in 4 Days 

Zuckerberg's Threads has attracted over 100 million users less than four days after launch. Will it overtake its rival platform,…

10 months ago