Tag: Facebook

Finance

Inflation Flat For The First Time In Decades: Forbes AI Newsletter

08/19/2022
Bitcoin Ethereum News

AFP via Getty Images TL;DR Inflation stayed flat in July for the first time in 25 years. 12 month inflation is now at 8.5%, down from 9.1% last month. The U.S. stock market has begun to rebound, but s...

Finance

What’s Up With Mark Zuckerberg’s Metaverse — And How Can You Get Invested?

08/19/2022
Bitcoin Ethereum News

Getty Images Key takeaways The metaverse is a somewhat-nebulous idea that blends socialization, virtual reality, augmented reality and blockchain technology Investing in the metaverse offers high risk...

Tech

Facebook Lets Its Algorithm To Decide – The Result? 60 Employees Are Fired!

08/19/2022
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Facebook is the latest major technology corporation to initiate mass layoffs, randomly selecting 60 contractual staff using an algorithm. The displaced contractors at Accenture’s Austin, Texas headqua...

Tech

Teens Have Abandoned Facebook, Causing Meta Headaches

08/18/2022
Bitcoin Ethereum News

In 2022, the Pew Research Center polled 1,316 US teenagers between the ages of 13 and 17, asking about their social media usage such as Facebook. People of all ages were well aware that Facebook was n...

Finance

TikTok Blocks Influencers From Creating Paid Political Content Ahead Of Midterms—Here’s How Social Media Platforms Are Preparing

08/17/2022
Bitcoin Ethereum News

Topline TikTok on Wednesday unveiled a strategy for fighting misinformation ahead of the midterm elections, including a ban on paid political content from influencers, after Facebook and Twitter also ...

Crypto

TeslaCoin investors lost around $250 in crypto scam on Facebook ads

08/12/2022
Bitcoin Ethereum News

Recently, a new crypto scam targeted the most vulnerable investors in Canada, Australia, and Europe. According to reports, the fraud is associated with Facebook ads where it is offered to invest in Te...

Finance

The billionaire famous for his early investment in Facebook wants America to build again—just not housing in his backyard

08/07/2022
Bitcoin Ethereum News

In 2020, when the pandemic was going strong, billionaire Marc Andreessen turned heads by publishing an essay on his company website titled “It’s Time to Build.” “I expect this essay to be the target o...

Tech

Facebook (Meta) Reportedly Offering $10 Billion Debt Bonds

08/05/2022
Bitcoin Ethereum News

Meta reported a free cash flow of $4.45 billion, down from $8.51 billion a year earlier. Bond issuance is related to a decrease in free cash flow for the organization. After a successful metaverse-bas...

Finance

Meta expands posting digital assets on Instagram across 100 countries

08/04/2022
Bitcoin Ethereum News

Meta, parent company to the social media platform Facebook, announced on Thursday that it is expanding its Instagram digital asset integration over 100 countries.  Meta’s expansion of digital asset in...

Finance

Why Facebook’s Live Shopping Was Never Meant To Be

08/04/2022
Bitcoin Ethereum News

Shoppable video will be what drives U.S. consumption, not livestreaming in and of itself. So it is … [+] therefore reasonable to conclude that Facebook and TikTok have both made the right choice...

Finance

Should You Invest In These Social Media Companies?

08/04/2022
Bitcoin Ethereum News

. Since the birth of Facebook in 2004, social media has had an ever-increasing presence in everyday life. Facebook now has almost three billion monthly users. In total, over 4.5 billion people use soc...

Blockchain

Facebook meets Blockchain- Blockify | Cryptopolitan

08/04/2022
Bitcoin Ethereum News

Along with the evolution of the web, Blockify aims to pace up with technological advancements and emerging demands of space. Traditional industries are currently facing an ultimatum—either embracing n...

Blockchain

Blockify- The Decentralized Facebook | Cryptopolitan

08/03/2022
Bitcoin Ethereum News

Blockify aims to become your all-in-one DeFi shop. Decentralized finance has come a long way. Remember your first transaction? After juggling 5+ tabs on your browser, you gazed at Etherscan’s mint gre...

Ethereum

Ethereum (ETH) Creator Vitalik Buterin Predicts Facebook Attempt To Build Metaverse Will Fail

08/02/2022
Bitcoin Ethereum News

The co-founder of the world’s leading smart contract platform is skeptical that the first wave of the metaverse can succeed. Ethereum (ETH) creator Vitalik Buterin tells his 4.1 million Twitter follow...

Tech

Facebook Is Officially Ending Its Novi Wallet

08/01/2022
Bitcoin Ethereum News

Facebook – or Meta, as it’s now more formally known – says it’s officially shutting down its crypto wallet system Novi. Facebook Is Ending the Life of Novi The wallet will remain active until Septembe...

Finance

Attracting Customers To New Fashion Brands Is Harder Than Ever

08/01/2022
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Getting customers to take home bags of new fashion brands is harder than ever. getty Fashion startups used to be just about fashion. If it fit right, was priced right and looked great you had a winner...

Ethereum

Ethereum co-founder Vitalik Buterin Has Warning for Facebook Parent Over Metaverse Bet

08/01/2022
Bitcoin Ethereum News

Vitalik Buterin believes that Metaverse is still ahead of its time and that anything Facebook creates will “misfire”. Facebook parent firm Meta Platforms Inc (NASDAQ: META) is making a big push toward...

Bitcoin Ethereum

Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’ – Metaverse Bitcoin News

07/31/2022
Bitcoin Ethereum News

On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will hap...

Finance

An expert explains what is — and isn’t — the metaverse

07/31/2022
Bitcoin Ethereum News

Dozens of different definitions have been posed for the metaverse.  Tim McSweeney, CEO of Epic Games, called it “real time 3D entertainment experiences that are social,” while Meta’s president of glob...

Finance

Meta stock sinks following missed earnings

07/29/2022
Bitcoin Ethereum News

Meta’s stock was more than 7% lower on Thursday in early trade, following its earnings miss the day before.  At the time of writing shares in Meta were trading hands at $156.95, down about 7.7% ...

Tech

Hedge Funds Aren’t Buying Big Tech. Secular Growth Stocks Are Hot Now.

07/29/2022
Bitcoin Ethereum News

Text size Hedge funds have a net short position in Apple stock, according to Jefferies. Nicholas Kamm / AFP via Getty Images Some of the big-money investment funds on Wall Street have been moving out ...

Tech

FTC Sues Meta to Stop Facebook Parent From ‘Owning the Entire Metaverse’

07/29/2022
Bitcoin Ethereum News

In brief The FTC has filed suit to block Meta’s purchase of VR fitness app maker, Within. Beyond competition in the VR fitness space, the agency is also concerned about Meta’s plans for the budding me...

Finance

Meta’s metaverse division lost $2.8 billion in Q2 2022

07/28/2022
Bitcoin Ethereum News

Meta reported losses of $2.8 billion for its metaverse-focused division, Reality Labs, as the firm missed on earnings and revenue for the second quarter. The tech giant’s shares dropped as much ...

Finance

US antitrust watchdog sues to stop Facebook from monopolizing the metaverse

07/28/2022
Bitcoin Ethereum News

The US antitrust regulator is suing Facebook to stop it from dominating the metaverse. On July 27, the Federal Trade Commission (FTC) filed suit to stop Facebook from acquiring Unlimited and its virtu...

Tech

Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2

07/27/2022
Bitcoin Ethereum News

Meta Platforms (FB) posted a second-quarter loss of $2.81 billion in its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, according to its earnings r...

Finance

Here Comes Another Facebook Overhaul That’ll Leave News Publishers Scrambling

07/27/2022
Bitcoin Ethereum News

Facebook co-founder and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and … [+] Commerce committee hearing in the Hart Senate Office Building on Capitol Hill in Washington, DC...

Finance

Facebook Parent Meta Shares Fall After Company Warns Of ‘Weak Advertising Demand’

07/27/2022
Bitcoin Ethereum News

Topline Facebook parent Meta saw its stock plunge in after-hours trading on Wednesday following second-quarter earnings results that came in below expectations, as investors were particularly spooked ...

Finance

Facebook Parent Meta Poised to Report First-Ever Revenue Drop

07/27/2022
Bitcoin Ethereum News

Facebook parent Meta Platforms is expected to post its biggest drop in daily users and its first decline in revenue as the company struggles to adjust to macroeconomic forces and growing competition f...

Finance

Manufacturing Titan 3M Is Spinning Off Its Healthcare Business Into A Separate Company

07/26/2022
Bitcoin Ethereum News

The 3M company, historically known as The Minnesota Mining and Manufacturing Company, is famous for some of the world’s most well known products. These products include daily household staples such as...

Finance

Apple, Amazon, Microsoft, Google and Facebook Enter the Scene

07/24/2022
Bitcoin Ethereum News

They are the companies whose names are part of the daily lives of consumers.  It is almost impossible to escape them in many daily economic activities.  They are in the top 10 of the most valuable com...

Finance

Former Coinbase and Instagram director Will Ruben joins Uniswap as VP of product

07/22/2022
Bitcoin Ethereum News

Will Ruben is joining Uniswap, a decentralized cryptocurrency exchange, as vice president of product, the company said on Thursday.   Most recently, Ruben was at Coinbase as vice president of product ...

Finance

Sizzle Or Steak: GameStop Vs. Dick’s

07/21/2022
Bitcoin Ethereum News

Dick’s Sporting Goods (Photo by Scott Olson/Getty Images) Getty Images Having edited The Prudent Speculator for more than three decades, I am seldom surprised by gyrations in individual stock pr...