Zuckerberg Now Fourth Wealthiest Person After Meta Shift
Since Facebook became Meta in 2021, Mark Zuckerberg’s net worth has hit $201 billion, making him the fourth richest person in the world. Following the rebranding of Facebook to Meta in October 2021 and the company’s growth into metaverse hardware and artificial intelligence, tech entrepreneur Mark Zuckerberg has become the fourth wealthiest billionaire in the […]
Meta Rejects Claim That Over Half of Facebook Crypto Ads Are Scams
Meta denied the ACCC’s claim that over half of Facebook crypto ads are scams, arguing the data is outdated and based on a limited 2018 dataset. Meta, the parent company of Facebook, has refuted allegations that more than half of the cryptocurrency advertisements on the platform are fraudulent. Meta maintains that the data is obsolete […]
Sui Network Launches Google, Twitch, Facebook Logins for Dapps
The Sui Network promises to make web3 access more straightforward by allowing user registrations on its apps. Users can now access decentralized applications (dapps) using their Google, Facebook, and Twitch login credentials thanks to the newly launched zkLogin (Zero Knowledge login) feature, according to a press release from the Sui Foundation dated Sept. 13. Bypassing […]
Facebook faces Possible Ban In Thailand over Crypto Scam Ads
The Thai government has threatened to ban Facebook in the country unless the platform stops allowing fraudulent crypto investment ads that have affected more than 200,000 people. The Ministry of Digital Economy and Society has given Facebook until the end of the month to comply with its demands or face legal action.Crypto scam ads rampant […]
Meta Gives Up On NFTs For Facebook, Instagram
Meta’s Chief of Commerce and Financial Technology, Stephane Kasriel, announced that his organization would be phasing down its NFTs features. Meta will focus on fintech rather than NFTs, in a conversation on Twitter, Kastiel said: “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses.” While […]