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Meta
Legal Expert Weighs in on Gemini's Lawsuit Against DCG
Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

Legal Expert Addresses Twitter's Lawsuit Threat Against Meta Over Threads
Sasha Hodder, founder and managing partner of Hodder Law Firm, addresses Twitter's threat of legal action against Facebook parent company Meta. "If it's true that these people went over there and took their trade secrets that they learned for years at Twitter, and then handed it over to Facebook and built this program using the same source code, certainly there would be some remedies available Elon, under various trade secret laws," Hodder said.

Twitter Threatens Legal Action Against Meta After Threads Debut
"The Hash" hosts discusses the hype around Threads, a new social media app built by the Instagram team at Facebook parent company Meta. Plus, Twitter's response to the competition as Mark Zuckerberg says Threads has drawn 30 million users just a day after the launch of its initial version.

Meta Launches Twitter Rival 'Threads,' Competing with Crypto's Town Square
Facebook parent company Meta has announced the initial version of "Threads," a new social media app built by the Instagram team that aims at "sharing with text." "The Hash" panel discusses its rivalry against the cryptocurrency industry's town square, Twitter, and the other competition among social media platforms.

Nvidia Joins $1 Trillion Club Amid AI Boom
Nvidia's (NVDA) stock is climbing, following the company's latest earnings report. The chipmaker's market capitalization has even surpassed $1 trillion, outpacing companies like Meta and Tesla, according to data from Yahoo Finance. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Meta Faces Record $1.3B Privacy Fine From E.U.
Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.

Mysten Labs CEO on Sui Mainnet Going Live
Layer 1 blockchain Sui launched its mainnet this week, as it aims to edge out rivals like Aptos and other DeFi heavyweights. Evan Cheng, co-founder and CEO of the blockchain's core contributor Mysten Labs, shares insights into the benefits and opportunities of Sui and how it aims to stand out from the competition. Plus, Cheng reflects on the lessons learned from previously working on the Meta-led Diem project, formerly known as Libra.

Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?
Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.

Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
Meta Platforms Inc. is planning on cutting around 10,000 jobs in another round of layoffs. Separately, the parent company of Facebook and Instagram is winding down its integration of non-fungible tokens (NFTs) on its platforms. “The Hash” panel weighs in on the latest news from the tech giant.

Empresa-mãe do Facebook, Meta, explora aplicativo descentralizado: relatório
O aplicativo será um produto independente para compartilhar atualizações de texto.
