Tag: Meta
Digesting the Digits – MANGOPAY momentum, Plum’s market expansion and a...
Number crunching is a key component of the payment industry, with digits being scattered across the sector’s key stories.
Each week Payment Expert digests these...
Meta’s Reality Labs metaverse division loses $13bn in 2022
Over the past year tech giant Meta has struggled to launch its metaverse project - Reality Labs - off the ground, with its division...
Meta hit with £346m sanction over use of EU consumer data
Global social media and tech giant Meta has been hit with a £346m sanction over data failures in the EU.
The shortcomings centred around targeted...
Amazon and Meta latest big tech firms to enact mass layoffs
2022 has seen a considerable increase in layoffs within the tech industry, with two of its major players, Amazon and Meta, recently announcing slashes...
Meta’s Reality Labs records $3.7bn loss in Q3 results
Reality Labs, Meta’s virtual reality and metaverse branch, has recorded $3.7bn loss in its Q3 2022 results, accumulating a total of $9.4bn in losses...
“Time to get fit” – Meta investor’s open letter to Zuckerberg...
An open letter from Altimeter Capital Management CEO and Meta investor, Brad Gerstner, has called on the tech giant’s CEO Mark Zuckerberg to change...
Nuvei strengthens director lineup with Maren Lau and Tim Dent
Nuvei Corporation is continuing to nurture its own growth strategy by announcing the expansion of its board of directors with two new members.
Meta rolls out international expansion of NFTs on Instagram
Meta CEO Mark Zuckerberg has announced the company's international expansion for NFT usage on Instagram.
After initially trialling NFTs for selected Instagram artists in the...
Zuckerberg reveals economic situation ‘worse than a quarter ago’ as Meta...
Meta Platforms and the firm’s CEO Mark Zuckerberg have revealed the company's first-ever sales decline in its latest Q2 results.
Not only did Meta record...
Instagram launches new feature ‘payments for chat’
Meta-owned social media platform Instagram is rolling out a new payment feature 'payments for chat’ that will enable users to pay one another via...
