Tag: Facebook

Metaverse Dream Dead as Facebook Fires 11,000 META Employees

Mark Zuckerberg-led Meta (Facebook) has announced a massive layoff of 11,000 employees. Is the future gloomy for Metaverse or Virtual worlds? The co-founder and...

SOL Price Rebounds 4% — Instagram, Facebook NFT Wallet Support Revealed

Social media platforms Instagram and Facebook have announced support for native Solana wallets. The move expands nonfungible token (NFT) compatibility across the networks....

Metaverse Punt Not Paying Off for Business Formerly Known as Facebook

Meta Platforms’ latest earning report shows that the company’s bet on the metaverse has yet to pay off. The fundamentals of Meta’s third quarter...