Meta, the organization which has entirely shifted their focus towards the Metaverse, was scrapped by a Chinese organization. Meta (formerly Facebook) has been criticized previously by several experts,...
Tag: Meta
Meta Ready to Double Down on Its NFT Bet: Report
Key Takeaways Meta’s new head of fintech, Stephane Kasriel, has reaffirmed the social media giant’s plans regarding NFTs. Despite the falling interest in NFTs over recent months, Meta stil...
Meta NFT Plans In Full Swing Despite End To Crypto Program Novi
After announcing closure of its Novi project, Meta clarified that its other crypto projects are going as per plans. The company has been working on the non-fungible tokens (NFTs) for quite some time n...
Meta Affirms Digital Collectibles Plan Despite Crypto Crash: Report
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Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot – Coinotizia
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the compan...
Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot – News Bitcoin News
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the compan...
Tech Giant Meta To Shut Down Digital Wallet Experiment Novi, Says Metaverse Project Coming Next: Report
Meta is reportedly shutting down its crypto wallet years after Mark Zuckerberg took a grilling from Congress over Meta’s future projects. According to a new report by Bloomberg, Meta’s digital asset w...
Biden Dropping China Tariffs Could Be Good News for Tech Stocks
If President Joe Biden rolls back tariffs on Chinese exports, it could have bigger implications than the impact on inflation. The U.S. is considering dropping the levies started by Donald Trump in 201...
Analyst says those who like Meta “should buy Meta stock”
With the market going down substantially in 2022, Meta Platforms (NASDAQ: META) has followed suit, continuing to hit new lows. Besides the general macro trends being negative, the company had a self-i...
Meta Platforms Rebrands Novi Website to Show Winding Down Date
American tech giant and social media firm, Meta Platforms announced on September 1 as the data it will close the Novi Wallet pilot project and cease to continue operating the infrastructure. The comp...
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform pilot users ...
Meta to Shut Down Novi Crypto Wallet in September
Meta Platforms Inc, formerly Facebook Inc, has announced to shut down its Novi cryptocurrency digital wallet on September 1st. The latest announcement follows by advising users to make withdrawals of ...
Meta to close down Novi crypto payments wallet in September
Meta plans to close down its Novi digital wallet on September 1, it announced on Novi’s website, informing customers that the Novi pilot is ending and will no longer be available. The company formerl...
Meta Drops The Axe On Its Digital Wallet Novi
The remnants of Meta’s once-ambitious cryptocurrency project are fading away. According to a notification on its website, a pilot program for Novi, the social networking giant’s money-transfer service...
Meta to Shut Down Digital Wallet Novi Less Than a Year After its Launch
The Novi digital wallet will be shut down on September 1, announced the company behind the project – Meta (formerly Facebook). This comes after years of regulatory scrutiny and unsuccessful launch att...
Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet – Featured Bitcoin News
Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wa...
Meta Begins Testing Ethereum and Polygon NFTs on Creator Profiles – crypto.news
Meta, formerly known as Facebook, is now supporting non-fungible cryptocurrencies (NFTs) for some US creators. According to a representative, the company is starting with Ethereum. Eventually, it will...
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers. The social media platform announced that the Novi digital wallet pilot would end...
Meta (Facebook) Announces Shut Down of Digital Wallet ‘Novi’ Pilot
Novi’s “small pilot” was made available to Meta users in the United States and Guatemala. Facebook Pay was renamed Meta Pay last month. The pilot phase for Novi, Meta’s digital wallet and the only sur...
Mark Zuckerberg issues dire economic warning to Meta employees
Mark Zuckerberg has issued a chilling message to Meta Platforms Inc. employees: The company faces one of the “worst downturns that we’ve seen in recent history” that will necessitate a scaling back in...
Meta to end Novi crypto program by September 1
Meta has disclosed plans to discontinue its Novi pilot crypto program by September 1, according to Bloomberg. Per the project’s website, Novi services will no longer be available on its application an...
Meta Launches New NFT Feature, Begins Testing Its Functionality In US –
Meta, an American multi-national social media platform, has successfully launched its new non-fungible token (NFT) display option on its dashboard. Meta, formerly known as Facebook, will now allow its...
Meta Enabling NFT Showcase on Facebook Profiles
Meta has started letting some creators in the U.S. roll out non-fungible tokens (NFT) on their Facebook profiles. Facebook will now include a “digital collectables” tab on select users’ profile, in wh...
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
“We are already leveraging the years spent on building capabilities for Meta overall on blockchain and introducing new products, such as digital collectibles,” Meta said in an emailed statement. “You ...
Meta (Facebook) Users Will Soon Be Able To Deploy NFTs on Profiles
Meta Product Manager Navdeep Singh posted pictures on Twitter. Connecting crypto wallets with Facebook accounts will be possible in the future. There have been several changes to Meta’s main social ne...
Meta could be ‘bracing for a tornado-like quarter’: Wedbush’s Dan Ives
Meta (META) could be bracing for a “tornado-like quarter,” says Wedbush Managing Director Dan Ives. The social media giant, like other tech companies, is scaling back hiring plans as it br...
Micron, Kohl’s, Meta Platforms and more
Check out the companies making headlines in midday trading. Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said wea...
Asprey Bugatti $460k NFT Auction, Web 3.0 Members Club, Mayfair Meta Gallery And Digital Studio
A digital rendering of the 24k gold Asprey Bugatti sculpture sold with corresponding NFT at Philips … [+] auction house for $$$ Asprey Last year British jeweler and royal warrant holder Asprey t...
Google, Snapchat and 24 Other Tech Companies Get Lower Estimates by J.P. Morgan
Text size Google’s advertising should hold up relatively better than others, according to the analysts. Angela Weiss /AFP via Getty Images As consumer spending slows, fuel costs rise, and chance...
Meta introduces Instagram Reels APIs
Developers will be able to use the APIs to schedule Reels Meta is expanding the scope of support of Reels to content publishing, insights, comment moderation Developers won’t need to put their app thr...
JPMorgan drastically cuts price targets of META, NFLX and AMZN stocks
Investment bank JPMorgan (NYSE: JPM) has started slashing prices left and right with the more recent ones aimed at FAANG stocks. Namely, the firm cut Meta Platform (NASDAQ: META) to $225 from $275, Ne...
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has falle...