Meta Cuts 10,000 Jobs and Refocus on Core Projects
Meta Platforms is cutting 10,000 jobs, cancelling lower-priority projects, and winding down efforts with non-fungible tokens on Facebook and Instagram.
END OF AN ERA: Meta Ends Support for NFTs on Facebook, Instagram
According to an executive, Meta will instead focus on creating opportunities for content creators and online businesses who want to earn.
Meta Verified: Is Facebook’s new feature worth the cost?
The Meta Verified feature will provide a badge indicating a verified account, direct access to customer support, and greater visibility
Novi No Longer Included on BSP List of VASP Licensees
Registered since December 31, 2021, NOVI is no longer registered according to the latest list published by the central bank last September.
You Can Now Post Your NFTs on Facebook and Instagram
Currently, the platform supports connections with third-party wallets including Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet.
Meta Q2 Report: Metaverse Division Loses $2.8 Billion
Facebook Reality Labs (FRL) generated $452 million in revenue for the second quarter; a 35% down from last quarter.
Meta Expands NFT Support on Instagram to 100 Countries
However, several creators in the Philippines reported that the feature is not yet available locally.
Meta Launches NFT Display on Facebook
Facebook users will now be able to create custom NFT posts, with a ‘Digital Collectible’ tag.
Mark Zuckerberg Announces NFT Integration in Facebook
The initiative is part of the company’s plans to help the creators make more money on the platforms.
Facebook to Launch Meta Pay, a Metaverse Wallet
Facebook, whose subsidiary Novi has a VASP crypto exchange license in the Philippines, is launching Meta Pay.