Although these numbers are impressive on their own, they may actually be much higher. Quiver Quantative estimated that the user count on Threads has already surpassed 70 million. By utilizing…
(Twitter) Meta is making further inroads into crypto, with five trademark applications for Meta Pay, a digital assets trading and payment platform. The trademarks were filed on May 13 and…
(Meta) Shares of Meta’s Facebook rose more than 17% on Thursday after reporting 2.94 billion monthly active users in the first quarter of 2022, up 3% from the prior year.…
(FT) Meta’s target of the world’s-first payments service through an encrypted messaging app suffered a blow after talks with potential payment partners faltered. Negotiations between the payments group and Meta…
(FT) Facebook’s parent Meta plans to introduce virtual coins, tokens, and lending services that will be offered via its apps. Dubbed “Zuck Bucks,” the virtual currency reflects Meta’s push into…
(Twitter) Facebook’s parent Meta has filed eight trademark applications to be allowed to offer various digital asset products and services in the metaverse. Meta’s applications cover crypto tokens, blockchain software,…
(Cointelegraph) Video and photo-sharing platform Instagram is preparing to add non-fungible tokens, according to a new revelation by Mark Zuckerberg. Zuckerberg did not provide the timeline for the NFT launch…
EU and UK regulators have started an investigation on Google and Meta’s 2018 ad deal dubbed “Jedi Blue.” The regulators are exploring whether the “Jedi Blue'' deal between the two…
(Meta) Facebook’s parent Meta will support split payments on Messenger for US users using an Android or iOS phone. To enjoy the split payments, users will be required to tap…
(CNBC) Meta has said it will cut off European users from Facebook and Instagram if its regulators block the transfer of data to the US. Meta says the block could…
The Meta Platforms stock price crashed hard in extended hours as investors reacted to the soft quarterly results. The stock declined by over 20% to $148. It has fallen by…
(Meta) Facebook stock fell down by 24% as parent Meta Inc. reported 2.91 billion monthly active users in the fourth quarter of 2021, almost flat from the prior year. Daily…