Complete with holographic avatars fencing and shooting hoops, the VP of Meta’s Metaverse unit Vishal Shah closed out the first day of speakers at an advertising conference with a speech about the perks and profits of the metaverse, according to reports. Get the Full Story...
News from Meta that daily active users (DAUs) on its flagship Facebook platform fell by 1 million through the fourth quarter of 2021 begs the question, “Where are they all going?” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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 unnamed sources with insider information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Meta has unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant says will — by mid-year — be the fastest on earth, and that is designed to help the company enter the metaverse. Get the Full Story Complete the form to...
Meta Platforms stock surged to more than $346 per share on Monday (Dec. 27), its highest closing price in about six weeks, after Santa Claus and his helpers wrapped up a surprising number of Oculus virtual reality headsets for good little boys and girls —...
Facebook parent company Meta wants to have much more compatibility with blockchain technology, The New York Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Facebook recently closed a $60 million deal to purchase the trademark assets of Meta Financial Group after the social media giant renamed its company Meta, spokespeople for both companies told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Meta is offering new tools for creators on Facebook to monetize their work and track their audience growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
