Meta

Meta
Meta’s EU Future Hangs on Irish Authority’s Draft Data Regulations
July 12, 2022

Meta (formerly Facebook) will be paying close attention to the discussions that will be held today, July 12, on the plenary session of the European Data Protection Board (EDPB). The outcome of these discussions may have a direct impact on the company’s ability to provide...

Meta
Irish Privacy Regulator Closer to Blocking Meta Data Transfers
July 07, 2022

Ireland’s Data Protection Commission (DPC) is closer to taking steps that could suspend data transfers from the European Union to the U.S. by Facebook and Instagram. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Attracting New Users at Root of Facebook’s NFT Ambition
July 06, 2022

By offering more ways for creators of non-fungible tokens (NFTs) to monetize their art or services, Meta is hoping to grow Facebook’s user base by attracting artists’ fans as well as a younger demographic, Meta Head of Commerce and Financial Technologies Stephane Kasriel told the Financial...

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Meta Closes Novi Wallet, Which Launched Stablecoins, CBDCs
July 05, 2022

In a coda to its stablecoin payments ambitions, Meta announced on July 1 that the Novi digital wallet project is at an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Meta’s Mega Market Cap Haircut Speaks Volumes About Metaverse Challenges
July 05, 2022

It seems, for Big Tech, a lightning trip on the way to, and a swift descent from, from the trillion-dollar mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Meta to Repurpose Libra Wallet Tech for Web3
July 03, 2022

Facebook parent Meta told members it is closing its Novi digital wallet and they should remove their funds as soon as possible, certainly by September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Meta Clamps Down as Zuckerberg Tells Team to do More With Less
July 01, 2022

Meta told employees to brace for changing economic tides as it reduces hiring outlooks for engineers and leaves other positions unfilled, according to multiple media reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Facebook Pilots Ethereum, Polygon NFTs with Select Creators
July 01, 2022

Meta is piloting non-fungible tokens (NFTs) with Ethereum and Polygon for select U.S. creators on Facebook and will soon add Solana and Flow, a Meta spokesperson told Decrypt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Meta Vows ‘Leaner, Meaner’ Operation as Business Climate Chills
June 30, 2022

Meta Platforms is looking into a “leaner” second half of 2022, as data privacy issues hit its ad business and macroeconomic pressures increase, Reuters wrote Thursday (June 30), citing an internal memo. Get the Full Story Complete the form to unlock this article and enjoy...