Diem was a Waste of Time, Meta Should’ve Focused on BTC says Twitter Founder

Diem was a Waste of Time, Meta Should’ve Focused on BTC says Twitter Founder

Many of Meta’s products, like Facebook Messenger, Instagram, and WhatsApp, would benefit from easier access to BTC stated Jack Dorsey. On Tuesday, MicroStrategy CEO Michael Saylor spoke with Dorsey about how businesses might integrate and use Bitcoin at his company’s “Bitcoin for Corporations 2022” conference (BTC). Should Facebook Focus on Meta ? Although Facebook launched Diem for “the right motives,” Dorsey believes it should have instead chosen an open-ended technology like […]

Meta applies for a trademark to Bitcoin and crypto services in Brazil

Meta plans to launch digital currency, lending services to apps

Meta, the world’s largest social media platform, on Jan. 25 has applied for a trademark in Brazil to design, develop, and provide hardware and software for a variety of Bitcoin (BTC) and crypto-related services. Despite regulatory challenges encountered during its multiple past attempts to enter the crypto field, Meta was recently renamed from Facebook in […]

Facebook’s Diem reportedly explores ways to sell its assets

Facebook's Diem reportedly explores ways to sell its assets

Diem, a stablecoin crypto project supported by Meta, after facing regulatory scrutiny and executive departures, is reportedly attempting to sell its assets and put an end to the plan for the stablecoin to serve as the internet’s currency. Diem is Meta Platform’s cryptocurrency project, which was previously known as Libra . It is considering selling […]

Meta unveils its Metaverse AI supercomputer, dubbed the “Research SuperCluster”

Meta plans to launch digital currency, lending services to apps

Meta, Facebook’s parent company, claims that its new artificial intelligence (AI) “Research SuperCluster” (RSC) would “pave the way” for the Metaverse’s development and would also be the world’s fastest supercomputer upon its completion. According to a Jan. 24 blog post announcing the hardware, Facebook estimates RSC is already one of the world’s fastest supercomputers and […]

The Creator of PlayStation Isn’t a Fan of The Metaverse

The Creator of PlayStation Isn't a Fan of The Metaverse

Ken Kutaragi, the creator of the iconic video game device PlayStation, believes the Metaverse is worthless.  Ken Kutaragi  is not a fan of virtual reality  headgear, which he describes as “just irritating.” ‘Being in The Real World Is Very Important’ – Ken Kutaragi The Metaverse has quickly become one of the most popular topics, especially since Facebook’s name was changed to Meta at the end of last year. Despite growing fashionable, the network of 3D virtual worlds centred on social interaction is not for everyone. Ken Kutaragi, the founder of PlayStation and former CEO of Sony Interactive Entertainment, is one such person. The 71-year old Japanese argued in a recent interview with Bloomberg that the Metaverse is not the next big step in the tech universe. To him, it serves to divide rather than to unite: “Being in the real […]