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Finance

Meta Platforms Follows Blockchain Firms in Joining Cryptographic Privacy Group MPC Alliance

The Facebook parent joins the likes of Bolt Labs, Ciphermode Labs and Partisia Blockchain in becoming a member of the group.

Mark Zuckerberg's Meta Platforms has joined an industry privacy group that includes many blockchain companies. (Christophe Morin/IP3/Getty Images)

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Meta’s Horizon Worlds Falling Short of Internal User Goals: WSJ

Facebook's parent company Meta is failing to keep users and internal performance goals on its flagship virtual reality (VR) "Horizon Worlds" platform, according to The Wall Street Journal. "The Hash" hosts discuss the key takeaways and the outlook for Meta's metaverse efforts.

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Markets

First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging

Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.

The lonely landscape of Decentraland. (decentraland.org)

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Meta's Instagram, Facebook Launches NFT Sharing to All US Users

Non-fungible token (NFT) sharing is now open to all Instagram and Facebook users in the U.S., parent company Meta announced Thursday. This comes as CEO Mark Zuckerberg says Meta will reduce staff and pause hiring to cut costs. "The Hash" hosts discuss the significance and industry implications of the tech giant's latest announcements.

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Rep Himes: ‘Notable Momentum’ in Washington on Crypto Regulation

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from his recent interview with Rep. Jim Himes (D-Conn.) about his reaction to the White House's framework for digital assets. Plus, why Meta CEO Mark Zuckerberg's introduction of his Libra crypto project to Congress was "catastrophic."

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Zuckerberg’s Horizon Worlds Teaser Lacks Creativity: Sandbox Co-Founder

Sandbox Co-Founder Sebastien Borget reacts to Mark Zuckerberg’s announcement of a new Horizon Worlds release in France and Spain, where the Meta CEO was mocked online for posting a screenshot of his digital avatar standing in front of the Eiffel Tower. Borget adds, “it seems he doesn’t make anyone dream about possibilities” for the metaverse.

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Videos

Facebook Parent Meta Mocked Online After New Horizon Worlds Rollout

Meta's launch of "Horizon Worlds" in Spain and France this week has been mocked online, after CEO Mark Zuckerberg shared his avatar from the platform that revealed graphics of a questionable quality. "The Hash" panel discusses the latest in Meta's virtual ambitions and whether it's paying off.

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Meta Rolls Out NFT Feature Across 100 Countries After Coinbase Integration

Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. FLOW tokens rallied on the news. “The Hash” team discusses the latest in Meta’s blockchain ambitions.

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Report: Facebook Shifting Away From News, Betting Big on Creator Economy

Facebook is scaling back from its news tab and bulletin newsletter platform as the social media giant focuses more on the creator economy, according to a Wall Street Journal report. "The Hash" panel hosts discuss what this suggests about the future of Meta and online news.

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Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2

Facebook parent company Meta posted a second-quarter loss of $2.81 billion in its Facebook Reality Labs (FRL) division, but CEO Mark Zuckerberg remains optimistic, noting the company is more focused on its long-term metaverse and Reels growth. "The Hash" panel discusses the tech giant's Q2 earnings report and an outlook into the future of metaverse.

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