![Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings](https://crypto.news/app/uploads/2023/11/crypto-news-electrical-coins-on-the-metal-table-dark-neon-color-galaxy-on-the-background-cyberpunk-880x525.jpg)
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Latest meta News
![Judge: Meta must face lawsuit over Facebook crypto ads](https://crypto.news/app/uploads/2024/02/crypto-news-St.-Valentine-article-about-the-rise-of-dating-apps-scams01-880x525.webp)
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A U.S. judge rejected Meta Platform’s bid to dismiss a lawsuit by billionaire Australian mining tycoon Andrew Forrest. The lawsuit revolves around a series of deceptive Facebook ads featuring Forrest endorsing fake crypto projects and other fraudulent investments. Forrest is…
![Ark Invest sells $31m in Coinbase, buys Meta amid Bitcoin rally](https://crypto.news/app/uploads/2023/12/crypto-news-Cathie-Wood-option01-880x525.webp)
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Ark Invest, led by Cathie Wood, has sold nearly $31 million worth of Coinbase shares as Bitcoin approached a new all-time high, nearly reaching the $69,000 mark on March 4. The investment manager executed the sale of 134,749 Coinbase shares…
![Meta’s metaverse developer reports all-time high net loss in Q4, 2023](https://crypto.news/app/uploads/2024/02/crypto-news-Mark-Zuckerberg-wearing-a-Metaverse-AR-headset01-880x525.webp)
News
Reality Labs, Meta’s subsidiary focused on developing the metaverse, recorded an operating loss of $4.65 billion in the last quarter of 2023. Meta keeps doubling down on its bet on the metaverse as its expenses to develop virtual reality hit…
![Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings](https://crypto.news/app/uploads/2023/11/crypto-news-electrical-coins-on-the-metal-table-dark-neon-color-galaxy-on-the-background-cyberpunk-880x525.jpg)
News
Congresswoman Maxine Waters raised concerns over Meta’s recent trademark filings related to crypto, seeking clarification on the company’s plans in web3. Rep. Maxine Waters (D-Calif.) sent a letter to Meta executives, seeking answers about Meta’s apparent intention to expand its…
![‘Metaverse technology is still immature, but in 30 years, everyone will use it’](https://crypto.news/app/uploads/2023/09/crypto-news-change-of-virtual-reality-bright-neon-colors-cyberpunk-style-v5.2-880x525.png)
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Crypto.news spoke with David Shrier, the author of the book 'Basic Metaverse,' about the future of the virtual world.
![Xbox crypto wallet rumors raise hopes: How other tech giants navigate cryptocurrency](https://crypto.news/app/uploads/2023/06/crypto-news-gamepad-xbox-galaxy-background-bright-tones-low-poly-style-880x525.jpg)
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Uncover how major tech companies are exploring the cryptocurrency frontier. From patents to partnerships, delve into the unique approaches and initiatives leading the tech-crypto integration narrative.
![Meta’s Zuckerberg reveals new photorealistic avatars for metaverse](https://crypto.news/app/uploads/2023/05/crypto-news-asian-man-is-wearing-a-virtual-reality-glasses-side-view-city-background-bright-neon-color-cyberpunk-880x525.jpeg)
News
Meta CEO Mark Zuckerberg gave his first interview in the metaverse using high-quality Codec Avatars
![Meta brings Horizon Worlds to mobile devices and web](https://crypto.news/app/uploads/2023/09/crypto-news-change-of-virtual-reality-bright-neon-colors-cyberpunk-styl-v5.2-1-880x525.png)
News
Meta is bringing Horizon Worlds beyond virtual reality headsets after more than a year and a half in development. In a blog post on Sept. 14, Meta announced that Horizon Worlds, a collaborative virtual reality (VR) platform built by Meta,…
![Meta announces new metaverse program with US universities](https://crypto.news/app/uploads/2023/09/crypto-news-people-texting-front-side-view-modern-city-background-day-light-low-poly-sty-v5.2-880x525.png)
News
The social media giant launches a new teaching program in the US, anticipating growing momentum for VR education tools in Europe. Meta, the parent company of Facebook and Instagram, is launching a new program for teachers in the US to…
![Thailand threatens Facebook shutdown over crypto scams](https://crypto.news/app/uploads/2023/06/FinTech-Festival-Thailand03-880x525.jpg)
News
Thailand has warned Facebook of a potential shutdown due to the rise in crypto scams and misleading ads on the platform. The Minister of Digital Economy and Society (DES), Mr. Chaiwut Thanakmanusorn, is taking action against fraudulent activities on Facebook.…
![Meta committed to metaverse despite $3.7b Q2 loss](https://crypto.news/app/uploads/2023/02/meta-metaverse-helmet--880x525.jpeg)
News
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.
![Scammers exploit Threads launch, impersonating crypto Twitter users](https://crypto.news/app/uploads/2023/06/crypto-news-twitter-logo-front-side-view-blockchain-blurry-background-bright-neon-colors-cyberpunk-style-v5-880x525.jpg)
News
Threads, Meta's newly launched microblogging app, has become a target for scammers who are wasting no time in their attempts to deceive users. The platform has already drawn the attention of several influential Crypto Twitter users, who are sounding the alarm about imposter accounts lurking on Threads.
![Former Meta, PayPal executive building payment solution on Bitcoin Lightning Network](https://crypto.news/app/uploads/2023/02/cryptonews-coins-flying-lightning-in-the-background-blurry-background-low-poly-880x525.jpg)
News
David Marcus, an executive whose past stints include working at Meta and PayPal is now building a payment solution that leverages the Bitcoin Lightning Network (LN)
![Lens Protocol raises $15m to foster decentralized social networking](https://crypto.news/app/uploads/2023/05/InQubeta12-880x525.jpg)
News
Aave's Lens Protocol, aspiring to decentralize the social media landscape, has successfully secured $15 million in funding.
![European authorities investigate social media platforms over misleading crypto ads](https://crypto.news/app/uploads/2023/05/MetaZone-secures-funding03-880x525.jpg)
News
Meta Platforms' Instagram, Alphabet's YouTube, TikTok, and Elon Musk’s Twitter may face regulatory action as the European consumer group BEUC has lodged a complaint with the European Commission.
![Meta to cut 10k jobs, pivoting to metaverse and AI](https://crypto.news/app/uploads/2023/03/cryto-news-a-man-with-a-box-in-his-hands-comes-out-of-the-office-blurry-background-dark-tones-sixties-retro-futuristic-illustration-880x525.jpg)
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Social media giant Meta is aiming to boost its business model by reducing staff and increasing efficiency while shifting its focus towards investing in the metaverse and artificial intelligence (AI).