Category: monetization

Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot

Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot

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 company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg had warned about the metaverse pivot of […]

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Telegram Launches Premium Tier Benefits Seeking to Monetize Platform

Telegram Launches Premium Tier Benefits Seeking to Monetize Platform

Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO […]

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A16z Launches $600 Million Web3 Gaming Focused Fund

A16z Launches $600 Million Web3 Gaming Focused Fund

A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements […]

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