Facebook

Thailand’s Ministry of Digital Economy and Society (DES) has told Meta's (META) Facebook to curb the number of fraudulent crypto investment scams being advertised on the site. And, the Minister in charge of DES has asked a Thai court to prepare an order that would shut down Facebook by the end of the month if the platform doesn’t comply. "First Mover" hosts Jennifer Sanasie and Amitoj Singh break down the latest developments.

Aug 22, 2023

Policy

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

By Sam ReynoldsAug 22, 2023

The Aptos token (APT) is climbing after Aptos Labs, the developer of a layer 1 blockchain started by former Facebook employees, announced its partnership with Microsoft (MSFT) to expand its tools and services using artificial-intelligence technology. "The Hash" panel weighs in on the latest developments.

Aug 9, 2023

For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins. "The Hash" panel discusses the parallels between Libra and fintech giant PayPal's newly launched PayPal USD (PYUSD). Plus, a closer look at how lawmakers are reacting to PayPal's dollar-pegged stablecoin debut.

Aug 8, 2023

According to a Facebook statement, Kenya's Ministry of the Interior has suspended the operations of Worldcoin as the country's financial, security and data protection services investigate the project. "The Hash" panel shares their thoughts on the legitimacy of the identity crypto protocol co-founded by OpenAI's Sam Altman.

Aug 2, 2023

Mark Zuckerberg, founder and CEO of Facebook parent Meta, says the firm isn't giving up on the metaverse anytime soon. This comes as Meta's metaverse division Reality Labs reported $276 million in sales and $3.7 billion in losses for Q2 2023. Journey Chief Metaverse Officer Cathy Hackl discusses her take on Meta's vision for the metaverse and artificial intelligence (AI). 

Jul 27, 2023

Web3

Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't giving up on the metaverse anytime soon.

By Sam ReynoldsJul 27, 2023

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.

Jul 10, 2023

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.

Jul 10, 2023

"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.

Jul 7, 2023