Meta has decided to discontinue its NFT and digital collectibles features on Instagram and Facebook, and the news of a second round of layoffs has hit employees hard.
Meta announced on September 29 that everyone on Facebook and Instagram in the US could share and cross-post their NFTs. Additionally, users from 100+ countries can now have access to the feature on Instagram.
Meta reported a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for Meta that posted a final profit of $5.7 billion.
Meta reported a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for Meta that posted a final profit of $5.7 billion.
Meta has decided to discontinue its NFT and digital collectibles features on Instagram and Facebook, and the news of a second round of layoffs has hit employees hard.
Meta announced on September 29 that everyone on Facebook and Instagram in the US could share and cross-post their NFTs. Additionally, users from 100+ countries can now have access to the feature on Instagram.
Once upon a time one big private company came up with an idea of reinventing money and changing the financial world. It failed. Prof. Dahlia Malkhi, who was working on Facebook's unified digital currency Diem (previously Libra), explained why in an interview with Calcalist.
For her, it all
