social media platforms
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Facebook is winding down plan to take cryptocurrency to the masses
The Diem Association, the consortium Facebook founded in 2019 to build a futuristic payments network, is winding down and selling…
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WSJ News Exclusive | Facebook’s Cryptocurrency Venture to Wind Down, Sell Assets
Facebook’s ambitious effort to bring cryptocurrency to the masses has failed. The Diem Association, the consortium Facebook founded in 2019…
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Meta Unveils New AI Supercomputer
Meta Platforms Inc. said Monday that its research team built a new artificial intelligence supercomputer that the company maintains will…
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Twitter’s new NFT profile feature ruffles feathers in crypto community, including those of Elon Musk
Reaction in the crypto community has been mixed to Twitter’s move to start allowing some users to use their non-fungible…
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Amazon, Facebook set Washington lobbying spending records
Amazon.com with its subsidiaries and Facebook’s parent company set records in their spending on Washington lobbying last year with outlays…
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TikTok Owner ByteDance’s Revenue Growth Slowed Last Year Amid China Clampdowns
Revenue at Chinese social-media giant ByteDance Ltd. rose by about 70% last year to roughly $58 billion, slowing from a…
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Twitter Embraces NFTs With New Profile-Picture Feature
Twitter Inc. TWTR -0.19% will start allowing some users to use nonfungible tokens as their profile pictures, jumping into a…
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Microsoft deal shows that Meta doesn’t own the metaverse
Facebook didn’t invent the metaverse or even coin the term, though it has managed to trademark it. The company now known as…
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What the Metaverse Has to Do With Microsoft’s Deal for Activision
During a roughly 15-minute investor and media call shortly after the Tuesday announcement, executives from Microsoft and Activision mentioned the…
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Instagram Creators Can Charge for Subscriptions Under New Test Service
Instagram creators will be able to offer paid subscriptions to users who want exclusive content, under a service the platform…
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