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The Latest Breaking News from Meta

Virtual Land Just Sold For 8 WETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $20,038, which is 2.28x the current floor price of 3.59 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Meta Scoops EU Approval For Kustomer Takeover

Meta Scoops EU Approval For Kustomer Takeover

Meta Platforms Inc (NASDAQ: FB) won EU approval to buy customer-service platform Kustomer after it committed to grant access to competitors.

This Cathie Wood Portfolio Company Is Buying The Tech Of Facebook's Diem As Latter Abandons The Crypto Project: WSJ

This Cathie Wood Portfolio Company Is Buying The Tech Of Facebook's Diem As Latter Abandons The Crypto Project: WSJ

Meta Platforms Inc. (NASDAQ: FB) is winding down its Diem cryptocurrency project and selling its technology to cryptocurrency-focused bank Silvergate Capital Corp. (NYSE: SI) for about $200 million, the Wall

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Metaverse Land Just Sold For $92,131 (42,069 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $92,131, which is 8.05x the current floor price of 4.47 Ethereum (CRYPTO: ETH) ($92,131 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Metaverse Land Just Sold For $153,300 (70,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $153,300, which is 13.40x the current floor price of 4.47 Ethereum (CRYPTO: ETH) ($153,300 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Metaverse Land Just Sold For $18,770 (7 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $18,770, which is 2.12x the current floor price of 3.44 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $21,856 (8 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $21,856, which is 2.47x the current floor price of 3.44 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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Metaverse Land Just Sold For $25,713 (10 ETH) In The SandBox

Metaverse Land Just Sold For $25,713 (10 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $25,713, which is 2.91x the current floor price of 3.44 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

RBC Capital Cuts Meta Platforms Price Target By 3.6% - Read Why

RBC Capital Cuts Meta Platforms Price Target By 3.6% - Read Why

RBC Capital analyst Brad Erickson lowered the price target on Meta Platforms Inc (NASDAQ:FB) to $400 from $415 but reiterated an Outperform rating on the shares. The price target implies an upside of 32%. The analyst says the data with 26 agency and ad network channel contacts related to overall spending trends are "mixed." Erickson…

How Jack Dorsey Reacted To News Mark Zuckerberg Is Considering A Sale of Crypto Project Diem

How Jack Dorsey Reacted To News Mark Zuckerberg Is Considering A Sale of Crypto Project Diem

Twitter Inc. (NYSE: TWTR) co-founder Jack Dorsey has responded to news that Meta Platforms Inc.

Metaverse Land Just Sold For $21,097 (9,999 MANA) In Decentraland

Metaverse Land Just Sold For $21,097 (9,999 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $21,097, which is 2.02x the current floor price of 4.2 Ethereum (CRYPTO: ETH) ($21,097 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

This Plot Of Digital Land Just Sold For $15,664 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $15,664 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,664, which is 1.87x the current floor price of 3.38 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 6 ETH In The SandBox

Virtual Land Just Sold For 6 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $16,827, which is 2.01x the current floor price of 3.38 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 25 ETH In The SandBox

Virtual Land Just Sold For 25 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $61,867, which is 7.40x the current floor price of 3.38 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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YouTube To Explore NFT Features For Video Creators: Report

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube is exploring adding nonfungible token features for its video creators, Bloomberg reports. Twitter Inc (NYSE:TWTR) began letting users post NFTs as profile photos, and Meta Platforms Inc (NASDAQ:FB) Instagram is working on a similar offering. YouTube CEO Susan Wojcicki told creators her company was looking to web3, an umbrella term for internet…

The Guardian - UK

I’ve seen the metaverse – and I don’t want it

The tech world has been overtaken by the seductive idea of a virtual utopia, but what’s on offer looks more like a late-capitalist technocratic nightmare

The Independent UK

Amazon and Meta spent record amount on lobbying Congress in 2021

Legislation targeting the dominant market share of tech giants has been cited as a key reason for the increase in spending

Meta swears it will have the world's fastest supercomputer this year

Mark Zuckerberg plus 'AI supercomputer.' What could go wrong?

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The Guardian - UK

Mark Zuckerberg says Meta is building the world’s fastest AI supercomputer

Facebook founder’s planned metaverse, blending reality with digital experiences, will require enormous computing power

Why A Real Crypto Crash Is Precisely What Everyone Should Be Hoping For In 2022

A true crash is not what we want but it is what we deserve. It might seem counter-intuitive but I believe we need a crypto winter like those that have come before.

Metaverse Land Just Sold For $14,602 (6 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $14,602, which is 1.82x the current floor price of 3.4 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 6 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,992, which is 2.00x the current floor price of 3.4 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $34,009 (14 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $34,009, which is 4.25x the current floor price of 3.4 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Asharq Al-Awsat

Facebook Parent Meta Says Its New AI Supercomputer Will Be World’s Fastest

Facebook parent Meta Platforms Inc said on Monday that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022. Meta said in a blog post that its new AI Research SuperCluster (RSC) would help the company…

Meta Launches Next-Gen AI Supercomputer: All You Need To Know

Meta Platforms Inc (NASDAQ:FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022. Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ:NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE:PSTG), were involved in the two-year project, the Wall Street…

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