Meta
Reality Labs notched over $1 billion in revenue during Q4 last year, up from $727 million in 2022’s Q4
Lightspark CEO David Marcus aims to address the absence of a worldwide internet protocol for global money transfers
David Marcus noted that while crypto projects tackle complex technical issues, many lack real-world relevance
With strong regulatory relationships, an established reputation and history as a guide, PayPal may be better equipped to launch a stablecoin than Meta
The latest losses are not abnormal, as the unit has suffered a combined net loss of $17.7 billion over the previous five quarters
The European consumer group noted Elon Musk’s changing of the Twitter symbol to the dogecoin logo in its crypto complaint to the EU
The tech giant’s Reality Labs unit has now lost roughly $17.7 billion since the start of 2022
Meta, according to a executive, is looking to “focus on areas where we can make impact at scale”
Crypto might appear bleak in the depths of the bear market, but there’s major moves being made behind the scenes
Meta, led by metaverse-obsessed CEO Mark Zuckerberg has released its earnings for 2022’s fourth quarter, and it doesn’t look good
Blockworks exclusive: “Venture Studio” will be designed to guide entrepreneurs through the process of launching a startup on the Arweave blockchain
Third-quarter earnings are coming in below expectations, and tech companies are pointing the finger at crypto
The S&P 500 and tech-heavy Nasdaq are up about 8% and 3%, respectively, for the month of October, but this week could erase gains
Bitcoin, known for its volatility, has only lost 18% or more in one day on 10 occasions over the last 10 years, and only twice in the last 5 years
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US Senators asked CEO Mark Zuckerberg to detail its current policies and practices to remove crypto scammers by Oct. 24
Meta first revealed its plans to expand into the NFT space in May 2022 and reported losing $5.7 billion on its metaverse plans so far this year
CEO Mark Zuckerberg is taking flack over ‘Horizon Worlds’ progress, dimming company’s prospects
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