Is Meta planning to use stablecoins after dropping Diem?

In 2019, Meta initiated a high-profile cryptocurrency project aiming to develop a digital currency that could function across its platforms, including Facebook and WhatsApp. Despite the ambitious vision, the project was halted due to substantial regulatory pushback. However, recent developments…

Greylock, Backer of Coinbase and Meta, Unveils $1 Billion 17th Venture Fund

We are excited to share news of a monumental achievement at Greylock – the launch of our 17th venture fund, Greylock 17. With an impressive corpus of $1 billion, Greylock 17 solidifies our commitment to empowering innovative founders in the…

Meta Introduce Cutting-Edge AI-Powered Ray-Ban Smart-Glasses

In a groundbreaking announcement on September 27, Meta CEO Mark Zuckerberg unveiled two major smart eyewear devices that have set the tech world abuzz. These innovative smart glasses not only mark Meta’s re-entry into the competitive arena but also intensify…

Meta Plans to Use Mobile Phones to Connect Africans to the Metaverse.

Meta sees a huge metaverse business potential in Africa, with an additional $40 billion to the continent’s GDP by 2031. This lofty goal comes with one major caveat; Only if the metaverse is adopted and grows in the same way…

Aptos: Much-awaited Silicon Valley Blockchain Flops Amid Transparency Concerns

The much-awaited Silicon Valley blockchain startup Aptos, which includes former workers of Meta Platforms Inc. (NASDAQ: META), started logging transactions on Tuesday. But is the buzz justified? The Solana data throughput and Ethereum’s popularity are the targets of the contracts/dApps…