Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency. Diem — which was previously known as Libra — is Meta Platform’s cryptocurrency initiative. According to insider sources speaking with Bloomberg, it is considering selling assets to return capital to its investors. The sources said that Diem is in discussions with investment bankers to determine the best way to sell its intellectual property and cash out on whatever value the project has maintained. It’s unclear how the company will be valued, and there is no guarantee that they will be able to find a buyer. According to the source, about a third of the venture is owned by Meta. The rema...
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HipHopWired Featured Video CLOSE Source: Facebook / Mark Zuckerberg Announces Meta Mark Zuckerberg finally revealed his worst-kept secret. Thursday (Oct.28), Facebook founder Mark Zuckerberg revealed the company’s new name going forward would be Meta during its Connect event. “We are a company that builds technology to connect,” Zuckerberg nerdily gushed. “Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” Zuckerberg said the name Facebook doesn’t fully represent everything the company does and believes it is linked to one product stating, “But over time, I hope we are seen as a metaverse company.” https://twitter.com/LetsOTT/status/1453794047311507456?s=20 Related Stories Thursday’s announcement cements the...
HipHopWired Featured Video CLOSE Source: Facebook / Mark Zuckerberg Announces Meta Mark Zuckerberg finally revealed his worst-kept secret. Thursday (Oct.28), Facebook founder Mark Zuckerberg revealed the company’s new name going forward would be Meta during its Connect event. “We are a company that builds technology to connect,” Zuckerberg nerdily gushed. “Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” Zuckerberg said the name Facebook doesn’t fully represent everything the company does and believes it is linked to one product stating, “But over time, I hope we are seen as a metaverse company.” https://twitter.com/LetsOTT/status/1453794047311507456?s=20 Related Stories Thursday’s announcement cements the...
HipHopWired Featured Video Source: Kevin Dietsch / Getty Facebook is reportedly hoping a new name can help it shed its troubled image. The Verge reports that Mark Zuckerberg’s company is planning on changing its name to “reflect its focus on building the metaverse,” a source close to the matter revealed to the website. According to the website, Zuckerberg will announce the new name at Facebook’s upcoming annual Connect conference on October 28th. It could be announced sooner by Zuckerberg and indicate its focus to pitch itself as more than a social media company. The Verge further reports that change could see Facebook and its other apps, Instagram, WhatsApp, Oculus, and more, be placed under a parent company as Google did in 2015 when it reorganized under a holding company called Alphabet...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
HipHopWired Featured Video Source: Bloomberg / Getty Mark Zuckerberg and Facebook are not having a good month, and following the senate hearing with Frances Haugen, the Facebook whistle-blower, it’s probably going to worsen. The Zuck will have some explaining to do after Haugen, 37, a product manager who worked at Facebook for two years, came with plenty of receipts. She also managed to do something we rarely see in our government lately, get Republicans and Democrats to agree on something. Per the New York Times, both Republicans and Democrats in the hearing agreed that Facebook is causing harm to teenagers, and it has to stop. Lawmakers focused on the research intel Haugen brought to light, revealing Facebook was well aware of the harm apps like Instagram were causing to teens. Seve...
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HipHopWired Featured Video CLOSE Source: KIRILL KUDRYAVTSEV / Getty The world found out what life would be like if Facebook, Instagram, and WhatsApp didn’t exist for a few hours. Monday (Oct.4), social media was a spooky place for people who spend most of their time on Facebook and its family of apps it acquired. Ironically, right after a whistleblower revealed how shady the social media giant is when it comes to capitalizing off its user’s mental health during an episode of 60 Minutes on Sunday (Oct.3), the service came crashing down on Monday. Facebook, Instagram, and WhatsApp were useless for about five hours and revealed how attached people have grown to these apps. Businesses, politicians, and everyday people felt the sting of the planetary outage due to the company built by Mark Zuck...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.