Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow Source link
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current
Taiwan-based virtual reality headset manufacturer HTC, considered to be a metaverse proxy stock because the company’s Vive headsets are an essential tool for VR-based vision, was seemingly spared by Meta’s recent stock decline. HTC Taipei-listed stock posted a 5% gain by mid-day Monday
Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active users.
The social media giant formerly known as Facebook has faced an immense regulatory backlash for its digital currency plans, resulting in it rebranding and downscaling its original stablecoin vision from Libra to Diem. It also rebranded its digital wallet subsidiary from Calibra to
David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of 2021.Taking over from Marcus will be Stephane Kasriel, the former CEO of Upwork who has been at Meta, formerly known as Facebook,