Mark Zuckerberg Latest News

Meta’s Zuckerberg reveals new photorealistic avatars for metaverse

Meta CEO Mark Zuckerberg gave his first interview in the metaverse using high-quality Codec Avatars

Sep 29, 2023 at 09:27 AM UTC

Meta committed to metaverse despite $3.7b Q2 loss

Meta's Reality Labs division recorded a $3.7 billion operating loss in Q2 this year, yet the social media giant remains fully committed to metaverse development.

Jul 27, 2023 at 09:49 AM UTC

DOGE price impacted by Musk-Zuckerberg cage fight challenge

Two of tech's most prominent leaders, Elon Musk and Mark Zuckerberg, recently set social media ablaze, agreeing to a comedic "cage fight" challenge.

Jun 22, 2023 at 02:33 PM UTC

Zuckerberg still optimistic on metaverse despite $13.7b setback

As of recent reports, Zuckerberg's Meta has reported a $13.7B loss in 2022 amid turbulences in 2022. The firm had reported $13.7B and $4.3B worth of losses in Q3 and Q4 respectively.

Feb 2, 2023 at 12:38 PM UTC

Mark Zuckerberg maintains his metaverse ambition

Mark Zuckerberg defends Meta’s push into the metaverse, saying they are just as focused on other “family of apps” as they are on the metaverse. Meta’s “family of apps” Following reports that Mark Zuckerberg’s billions invested in the construction of…

Dec 1, 2022 at 04:18 PM UTC

Sam Bankman-Fried, Larry Fink, Janet Yellen, Mark Zuckerberg to speak at NYT Summit

Corporate media outlets such as the New York Times have already been accused of whitewashing Bankman-role Fried’s in the dramatic downfall of FTX and Alameda to prop up Bankman-reputation unfairly. The possibility of him attending this meeting will lend further…

Nov 23, 2022 at 09:50 PM UTC

Mark Zuckerberg’s Meta to fire 11,000 employees

One of the most extensive layoffs in the US this year, Meta announced it would lay off more than 11,000 people or 13% of its entire staff. The letter from Mark Zuckerberg to the Meta staff Zuckerberg stated that he…

Nov 9, 2022 at 04:32 PM UTC

Meta’s Reality Lab Posts $9.4B in Yearly Loses, Q3 Financial Report Shows

Meta has reported results for Q3 2022. Reveals huge decline in Metaverse Stocks exceeding expectations with about $600 million.

Oct 27, 2022 at 01:00 PM UTC

Mark Zuckerberg’s Net Worth Sheds $71 Billion to Metaverse Investment in 2022

As the pioneer of the Metaverse ecosystem, Mark Zuckerberg had no idea what awaits him after plunging massive funds into the virtual ecosystem’s development. According to Bloomberg’s Billionaire Index, the tech entrepreneur has lost a fortune this year to Metaverse…

Sep 20, 2022 at 10:58 AM UTC

Ragnarok’s CEO Loses $2M, Meta VR Head Leaves, Koop Raises $5M for NFT Fan Interaction

Here are the biggest highlights this week in the Metaverse and NFT sectors. Ragnarok CEO Loses $2M Business Funds, Refunds 90% Ragnarok CEO, Fanfaron publicly published the project’s profits and costs in a rare display of transparency, revealing a massive…

Sep 6, 2022 at 02:00 AM UTC

Rap veterans Snoop and Eminem will Perform in the Metaverse, Nike NFT Sales Spike,

Here's the latest on the Metaverse and NFT worlds this week.

Aug 28, 2022 at 08:00 PM UTC

Here Are the Biggest Highlights Going On Around Metaverse and NFTs This Week

Meta founder Zuckerberg doubles down on AI reels and the metaverse as Facebook prepares for NFT features, as popular DJs plan concerts on the metaverse. Zuckerberg Focuses on Business Messaging, AI in Reels, and Metaverse According to Zuckerberg, one of…

Aug 8, 2022 at 04:00 AM UTC

Instagram Set to Support NFTs From Ethereum and Other Leading Blockchains

According to recent news, Instagram might introduce support for non-fungible tokens (NFTs) as soon as next week. NFT Pilot Project to Kick Off in the U.S. Reports suggest that the Meta-owned social media platform is set to announce a pilot…

May 9, 2022 at 01:00 PM UTC

Meta Sets Sights on Taking a Cut of Nearly 50% on NFT Sales

Meta (Previously Facebook) plans to take a commission of 47.5% on NFT sales on its Horizon Worlds platform. This sale is part of the company’s strategy to create a metaverse. In a blog post on Monday, the company revealed that…

Apr 13, 2022 at 03:00 PM UTC

Meta Brings Crypto to the Metaverse with New Trademark Applications

Mark Zuckerberg’s Meta (Facebook) is making significant strides in its quest to gain a foothold in the Metaverse. Per a recent report shared by ExpertClick, the social media giant has filed eight new trademark applications that aim to bring new…

Mar 24, 2022 at 09:00 AM UTC

Block CEO Jack Dorsey Criticizes Meta’s Failed Diem Project

Block CEO Jack Dorsey has shared his opinion about the recent Diem project acquisition. Jack Dorsey has hit out on Meta CEO Mark Zuckerberg on focusing on the stablecoin project rather than BTC. Dorsey Directs a Backlash on Meta’s CEO…

Feb 7, 2022 at 02:00 AM UTC

Jack Dorsey Can’t Envision Twitter and Libra Together, Envisions Massive Potential in Decentralized Protocols

When asked whether Twitter would be interested in joining the Libra Association, Jack Dorsey met the inquiring journalist with a prompt “hell no”. Dorsey’s reaction is not surprising in the slightest as he has previously spoken of his issues with...

Oct 25, 2019 at 12:14 PM UTC

Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions

Mark Zuckerberg testified in front of Congress yesterday, and to questions thrown his way were riddled with suspicion and contempt. Members of Congress present for the heated testimony emphasized Facebook’s inability to act on important issues such as election time...

Oct 24, 2019 at 01:00 PM UTC

Mark Zuckerberg to Testify Before House Committee; Here’s What You Should Know

There is less than a day for Mark Zuckerberg to formally provide testimony in front of the Congressional financial services committee. Facebook’s head honcho is preparing himself to vehemently defend Libra, but also to admit to Facebook’s past mistakes, according...

Oct 23, 2019 at 01:46 PM UTC

U.S. Congress Summons Mark Zuckerberg to Testify on Libra Cryptocurrency

Facebook’s Chief Operating Officer, Sheryl Sandberg, is scheduled to appear before the U.S. House Committee later in October to discuss the Libra cryptocurrency. However, according to a report by The Information on October 4. 2019, there is a condition that...

Oct 4, 2019 at 01:49 PM UTC

Facebook’s Libra Could Undermine Sovereign Currencies According to Former Bank of Japan Exec

A former employee of the Bank of Japan (BoJ) believes that Facebook’s Libra may threaten the impact of local monetary policies. Libra may reduce the overall effectiveness of monetary policies as well as weaken emerging markets currencies. Eventually, even though...

Aug 3, 2019 at 09:00 PM UTC

Research: Over 90 Percent of Americans don’t Trust Facebook’s Libra

While Mark Zuckerberg and his associates are busy brainstorming on how to put Project Libra in the good books of financial regulators across the globe before 2020, it appears the team may have much more work to do. The latest...

Jul 25, 2019 at 07:00 PM UTC

Bank of Thailand: Libra’s Benefits and Risks must be carefully Studied

Bank of Thailand (BOT) Governor, Veerathai Santiprabhob, has given his take on Facebook’s Project Libra, making it clear that the merits and risks of the digital asset still need to be studied extensively, reports local news source, Bangkok Post on...

Jul 20, 2019 at 09:00 AM UTC

Project Libra: A Summary of What’s to Come

The biggest headline in crypto this month has been the launch of Project Libra by Facebook, which was announced along with a published whitepaper. Binance Research studied the whitepaper and drew their conclusions as to what Facebook is trying to...

Jun 19, 2019 at 05:22 PM UTC

Facebook Releases Libra Cryptocurrency Whitepaper; Crypto Community Reacts

On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network...

Jun 18, 2019 at 12:12 PM UTC

Report: Facebook to Launch Cryptocurrency by End of June

Quoting a report by The Information, CNBC reported on June 5, 2019, that Facebook Inc. is expected to introduce its in-house cryptocurrency toward the end of June 2019. Facebook has Extensive Plans for its Cryptocurrency Facebook has managed to generate...

Jun 6, 2019 at 05:00 PM UTC

Facebook Holding Talks with CFTC Over Project Libra

Facebook, a global social networking platform is reportedly meeting with one of the top U.S. financial watchdogs, the Commodity Futures Trading Commission (CFTC), as part of plans to make the launch of its GlobalCoin stablecoin as frictionless as possible, according...

Jun 3, 2019 at 07:00 PM UTC