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Mo Shaikh and his team raised a total of $400 billion to launch Aptos Labs in 2022. Now he’s helping other founders do the same. Maximum Frequency Ventures Raises $50M to Fund Crypto Builders Aptos co-founder Mo Shaikh loves using the a-word, “adoption.” He believes today’s crypto venture funds are missing the key ingredients of … Read more
Meta has invested approximately $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear manufacturer, as part of its strategy to expand into the artificial intelligence (AI) glasses market. The acquisition, which amounts to just under 3% of the Ray-Ban maker, reflects Meta’s commitment to developing AI-powered eyewear, building on their existing … Read more
Meta firmly rejected a bold shareholder push to adopt bitcoin as a treasury asset, signaling strong resistance to crypto integration despite mounting institutional interest and rising bitcoin momentum. Meta Rejects Bitcoin Treasury Proposal Amid Strong Shareholder Opposition Meta Platforms Inc. declined a shareholder-backed initiative to explore adding bitcoin to its corporate treasury during its annual … Read more
Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators Meta, the social behemoth, is reportedly getting into the world of … Read more
Brazil wasn’t pleased with Meta’s decision to rely on community notes, stating it would not subject its population to social media platforms that lead to “digital carnage or barbarity.” Go to Source
Mark Zuckerberg’s company is forcibly removing any links to competing platforms mere days after declaring, “More Speech and Fewer Mistakes” across its platforms. Go to Source
Mark Zuckerberg’s company is forcibly removing any links to competing platforms mere days after declaring, “More Speech and Fewer Mistakes” across its platforms. Go to Source
The social media company will switch to a community notes model similar to the X platform’s, Meta said. Go to Source
The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a motion ex parte filed by Facebook. Facebook sought two … Read more
ChatGPT went down globally around 11:07 pm UTC on Dec. 11 but has started coming back online in some regions of the world. Go to Source
