Category: Facebook

Decentralized Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms

Decentralized Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms

In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the world that blockchain-based digital currencies […]

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Breaking: Apple Hits $3 Trillion Market Capitalization As Its Share Price Hits $182

In less than 4 years, Apple has seen its valuation triple, thus bringing its market cap to $3 trillion during intraday trading on Monday. According to CNBC who broke the news, Apple hit the milestone as soon as its share price hit $182.86. The feat goes to show the level of  confidence that investors have […]

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Metaverse Can Create A Trillion Dollar Opportunity: Andrew Kiguel

Andrew Kiguel, the CEO of Tokens.com, believes that investing in the metaverse real estate can surely help generate a trillion-dollar economy. The virtual land is an uncharted area as of now as there is not much traffic, and soon by March, there are possibilities of creating virtual fashion runways to attract people from the global space to […]

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The dark side of the metaverse – harassments, assaults, sexism, child abuse and more

The metaverse has presented an opportunity for more aggravated online abuse, mostly targeting women and minors. Several users of metaverse platforms including Facebook’s have reported cases of online sexual abuse while others say their children are being exposed to inappropriate content. The age of the metaverse is well and truly upon us. Some of the […]

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Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO

Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO

According to the CEO of Instagram, Adam Mosseri, the social media application is looking into non-fungible token (NFT) technology. During an ask-me-anything (AMA) session on Instagram, Mosseri said that the company wants to make NFTs “more accessible to a wider audience.” Instagram CEO: ‘We Are Definitely Actively Exploring NFTs’ Following the firm’s parent company Facebook […]

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Social token platform Rally hires Novi legal exec as Meta’s crypto exodus continues

Social token platform Rally hires Novi legal exec as Meta’s crypto exodus continues

Social token platform Rally has hired Rob Collier, formerly the head of consumer legal for Meta’s Novi, as its general counsel, the project announced Thursday.  Collier’s hire is the latest in a series of additions to Rally’s executive team. The firm brought on Bremner Morris from Patreon to lead the company as chief executive officer […]

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Bill Gates says the metaverse will host your office meetings in 3 years as Facebook takes giant leap

Bill Gates says the metaverse will host your office meetings in 3 years as Facebook takes giant leap

Bill Gates says that in three years, most of your office meetings will be held in the metaverse, with your digital avatar taking a central role in your interactions. Facebook has launched its Horizon Worlds to all adults in the U.S and Canada after an invitation-only phase in the past few years. Metaverse, the virtual […]

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Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.

Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.

Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of the messaging service. This is an […]

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a16z invests $36 million in a Web3 infrastructure startup founded by four ex-Meta employees

a16z invests $36 million in a Web3 infrastructure startup founded by four ex-Meta employees

Investment firm Andreessen Horowitz (a16z) announced Monday that it invested in Mysten Labs, a blockchain and Web3 development company co-founded by four ex-Meta employees. CNBC first reported the investment figure to be $36 million.  The CEO of Mysten Labs is Evan Cheng, former director of research and development (R&D) at Novi — a digital wallet […]

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