Meta Slashes Metaverse Team by 10% as Zuckerberg Bets Big on AI
After burning $70 billion on virtual worlds, Meta signals a dramatic retreat from the metaverse as artificial intelligence takes over the company’s future.
XingChiAfter burning $70 billion on virtual worlds, Meta signals a dramatic retreat from the metaverse as artificial intelligence takes over the company’s future.
XingChiThe projects that will truly capture the largest share of the payment market will be those that start from a systematic, workflow-first mindset and solidly handle the underlying processes.
JinseFinanceMeta is revamping its metaverse avatars with a major update launching on October 1st, allowing users to customize features like eye size and body types. Future updates will include AI-generated avatars and new options for fantasy characters, enhancing user experience in the metaverse.
JoyThe company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs.
decryptMeta expects losses for Reality Labs to increase in 2023.
cryptopotatoWhile 2022 has been a tough year for the tech industry, Meta has had an especially rough run.
decryptThe LUNC community has voted to reduce the tax burn rate from 1.2% to 0.2%.
BeincryptoMeta kicked off the rebrand in the United States in June, and is now making the change globally.
OthersAt a Bitcoin-themed escape room in Lebanon's capital Beirut, it's all fun and games until you take the orange pill.
CointelegraphData shows the Bitcoin 7-day average spot trading volume has continued to shoot up this week as trading activity in ...
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