Crypto patent alliance has a new member where social media platform, Meta has entered Meta has shown quite an interest to enter the crypto space via different mediums Metaverse and NFTs remain the p...
Tag: Meta
Facebook Owner Meta Set for $200 Billion Wipeout, Among Worst in Market History
(Bloomberg) — Meta Platforms Inc.’s one-day crash may rank as the worst in stock-market history. Most Read from Bloomberg The Facebook parent plunged 22% in early U.S. trading on the back of poo...
Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout
Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradin...
Meta Shares Plunge 20% as Facebook Reports Losing Daily Users for the First Time
Meta, the parent company of the social media giant Facebook, saw its shares plunge in the after-hours trading session. This comes as the company released its Q4 2021 report. Meta, formerly-known as Fa...
Meta earnings miss expectations amid Apple privacy changes, stock plummets
Facebook parent company Meta (FB) reported its Q4 earnings on Wednesday, falling short of analysts’ expectations on earnings per share, and missing on its Q1 outlook amid the continued crunch fr...
Facebook Parent Meta Ramped Up Stock Buybacks at a Bad Time
Text size Meta’s record $19.2 billion of share repurchases in the fourth quarter amounted to 2% of the company’s shares outstanding. Mandel Ngan/AFP via Getty Images Mark Zuckerberg picked...
First Mover Asia: Crypto Prices Plunge Late After Weak Meta Earnings
Good morning. Here’s what’s happening: Market moves: Bitcoin ended its two-day winning streak with heavier selling pressure during late U.S. trading hours. Technician’s take: BTC’s pullbac...
Facebook parent Meta stands to shed more than $200 billion in market value after rough earnings report
Shares of Facebook parent Meta Platforms Inc. plunged more than 20% in extended trading Wednesday after detailing a holiday-earnings miss, weak guidance and intensifying competition. Meta FB, +1.25% s...
Meta Shares Down 20% After Facebook’s Pivot to Metaverse
Judging by the drop in stock price today, investors are not convinced by Facebook’s plans to dive into the metaverse. Shares of Facebook’s parent company Meta are down more than 20% today in aftermark...
Meta Plunges as Facebook Users Stall, Forecast Falls Short
(Bloomberg) — Facebook parent Meta Platforms Inc. said user additions stalled in the fourth quarter and gave a disappointing forecast for the current period, raising concerns about the company’s...
Meta Reports a Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
Meta Platforms (META) reported that it lost $10.2 billion in 2021 on its newly broken out Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, in its fou...
Meta Should Have Focused on Bitcoin, Not Diem
Meta (formerly Facebook) started the development of its own stablecoin Libra in 2019. Facing public backlash, it tried rebranding it to Libra. Now, Zuckerberg’s company finally gave up, selling Diem’s...
Meta Joins the Crypto Open Patent Alliance to Support Open Source Technology
Meta has decided to join the Crypto Open Patent Alliance (COPA), vowing to start making its fundamental crypto patents available to all. Among those who have joined the group are Coinbase, Uniswap, Kr...
Jack Dorsey Says Meta Would Have Better Used Its Time on Bitcoin
Block CEO Jack Dorsey said that Meta should not have focused on its stablecoin project Diem, but bitcoin instead. Dorsey made the statement during a keynote speech during MicroStrategy’s Bitcoin for C...
Diem was a waste of time, Meta should’ve focused on BTC
Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.” M...
Play-to-Earn Your Place in The Metaverse: Call Of Meta
The most popular hype, besides COVID-19 right now, is that NFTs are joining the play-to-earn games and making money by doing so. While NFTs continue to grow and consume the crypto space across social ...
Silvergate Acquires Diem After Meta Officially Gives up
The Diem Association sold the intellectual property of Diem Payment Network to Silvergate Capital Corporation, according to a Monday announcement by the CEO of Diem. The Meta-backed cryptocurrency pro...
Meta entra nella Crypto Open Patent Alliance
It’s official: Meta (formerly Facebook) enters the Crypto Open Patent Alliance. This was reported by the same CEO and co-founder of Meta, Mark Zuckerberg, with a post on his official Facebook profile...
Meta Joins Crypto Open Patent Alliance in Support of Open Source Tech
Meta has joined the Crypto Open Patent Alliance (COPA), pledging to make its core crypto patents free for everyone to use. The group counts Block, Coinbase, Kraken, MicroStrategy, and Uniswap as membe...
To Protect Crypto? Meta Joins Board Of This Initiative
In an official post, the Crypto Open Patent Alliance (COPA) has welcomed Meta, previously known as Facebook, to its board. The organization called it the “biggest cryptocurrency patent commitment to d...
Meta lands in Brazil to register trademarks for its Bitcoin and cryptocurrency services
Meta (formerly Facebook), the world’s largest social media platform, has applied for a trademark in Brazil to design, develop, and provide hardware and software for a variety of Bitcoin (BTC) and cryp...
Meta Joins Crypto Open Patent Alliance
Key Takeaways Meta has joined the Crypto Open Patent Alliance. Members of this group pledge to not legally enforce crypto-related patents. Last week, Meta sold the intellectual property behind its Die...
Facebook parent Meta joins crypto group promoting open patents
advertisement Meta, formerly known as Facebook, has signed up to a trade body that promotes the free use of innovative technology in the crypto sector, according to an announcement. By joining the Cry...
The New Wave Of NFTs: Meta Skellies – Coinpedia – Fintech & Cryptocurreny News Media
If you have been around for a while in the crypto space, you probably heard about Non-Fungible Tokens, more commonly known as NFTs. They are blockchain-based digital assets, with non-fungible meaning...
Best Stocks, Crypto, and ETFs to Watch – AMD, Meta Platforms, Amazon, Ethereum in Focus
SPDR SP-500 Trust (SPY) SPY fell to a six-month low on Monday and worked its way into a Friday close near the weekly high. This price action has carved a high volume bull hammer reversal on top of the...
Crypto Can (Still) Learn Much From The Failure Of Diem
If the shuttering of Diem passed some crypto investors and market watchers without much notice, that should not come as a surprise. This inauspicious and muted end for the project was caused by severa...
Meta files trademark registration for crypto-related products
Meta, formerly Facebook, has filed for a trademark application in Brazil. The application filed with the Brazilian National Institute of Industry Property (NPI) touches on various crypto products and ...
Alphabet, PayPal, Exxon Mobil, Meta, Qualcomm and Amazon in Focus
Investors will focus on December quarter earnings for stocks that are economically sensitive, which should show better profits than technology stocks. Increasing Treasury yields and risk aversion will...
Meta Platforms Stock Is About to Face a Crucial Test
With earnings season in full swing, a number of interesting earnings reports are on deck. Amidst a market rocked by uncertainty, next Wednesday (Feb 2), Meta Platforms (FB) will take center stage afte...
Meta Applies for Trademark Registration in Brazil for Crypto-Related Services
Meta has applied for trademark registration in Brazil that would allow the social media platform to design, develop, and provide hardware/software for a variety of crypto-related services. Meta, forme...
Meta goes Brazil to trademark Bitcoin and crypto services
Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and ...
Opinion: Meta CFO cries ‘wolf’ again with bleak Facebook outlook — but he may be right this time
Chief Financial Officer David Wehner has warned of impending financial doom at Facebook so many times that this column has dubbed him “the Chicken Little of Silicon Valley.” But this time, the sky may...