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Mark Zuckerberg

Twitter Threatens To Sue Meta For Biting With Threads

Elon Musk and Twitter look and sound real salty.

Instagram Threads, The Twitter Killer, Reportedly Launching Today

Instagram Threads is coming today, allegedly.

Mark Zuckerberg accepts Elon Musk’s cage match challenge

Welcome to another episode of Billionaires Take Breaks from Ruining the World to Talk Shit Online. Mark Zuckerberg Accepts Elon Musk’s Cage Match Challenge Carys Anderson

Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg

Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing remotely for an interview at the Nov. 30 DealBook Summit in New York, Zuckerberg was asked his thoughts on whether the tech giants’ Metaverse play was still viable given its cost and the doubts cast over the platform, answering: “I think things look very different on a ten-year time horizon than the zone that we’re in for the next few years […] I’m still completely optimistic about all the things that we’ve been optimistic about.” He added part of “seeing things through” in the longer term was “powering through” the doubts held about its ambitions. Meta’s latest ear...

‘Metaverse’ a top 3 contender for Oxford’s Word of the Year

The word “Metaverse” is one of three in the running to be crowned the Oxford “Word of the Year” (WOTY) in a competition run by the Oxford University Press (OUP), the publisher of the Oxford English Dictionary. OUP officially announced the launch of the competition and its three finalist words for 2022 on Nov. 22 with this year marking the first time the public can participate in voting for the WOTY. “Metaverse” will compete against the terms “#IStandWith” and “Goblin Mode”. 1️⃣ metaverse Usage increased as we discussed #hybrid working, debated the ethics, and wondered about the feasibility of an entirely online future. pic.twitter.com/Lk0pLfc1mW — Oxford University Press (@OxUniPress) November 22, 2022 In OUP’s video pitch for the Metaverse, it described it as “a hypoth...

Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?

Not everyone is convinced that Mark Zuckerberg’s massive metaverse experiment is a good idea. Since Facebook rebranded to Meta in 2021, the social media giant’s focus has increasingly shifted to connecting the digital and physical worlds through augmented reality. However, a shareholder of the company recently issued a letter to the CEO calling the metaverse investment “super-sized and terrifying.” It didn’t take long for those concerns to be justified. Meta published its third-quarter financial results after the bell on Oct. 26 and, perhaps unsurprisingly, its metaverse division underperformed. Meta’s Reality Labs lost a whopping $3.672 billion during the quarter, mirroring a similar decline in Q1. That’s the risk you run when you venture into unchartered territory. For all the hype surro...

Facebook is on a quest to destroy the Metaverse and Web3

The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark.  Some companies like to use Web3 principles to right the wrongs of Web2. And as a poster child for large, centralized organizations, Meta offers us some of the most useful examples of those wrongs. Let’s touch on three times that Meta fell short of building the future of online social experiences. It limited Open Graph In 2010, Meta — still operating as Facebook at the time — released its “Open Graph” protocol, providing developers with a network of links between friends in order to encourage other people to take up ...

US lawmakers call on Mark Zuckerberg to address ‘breeding ground’ for crypto scams: Report

A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud. According to a Friday report from the Washington Post, Senators Robert Menendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernie Sanders and Cory Booker called on Zuckerberg for the actions the company may take to detect crypto scams, to coordinate with law enforcement and to assist victims of fraud. Meta currently controls Facebook, WhatsApp, Messenger and Instagram. “Based on recent reports of scams on other social media platforms and apps, we are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes significant harm to consumers,” reportedly said the group of senat...

No More Blue Ticks? WhatsApp to Let Users Choose When to Appear Online

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Meta Expands Instagram’s NFT Support to Africa

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Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria

Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram’s nonfungible token (NFT) features. Insta-made FLOW rally Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram. The high-profile integration helped FLOW surge 54% to reach an intraday high of $2.83 a token. Interestingly, the token’s massive upside move accompanied a spike in its daily trading volumes, confirming some weight behind the bullish trend.  FLOW/USD daily price chart. Source: TradingView Like any blockchain native asset, the ups and...

Did Mark Zuckerberg’s Meta Steal Another Company’s Name?

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