The company says focus is on payments, not launching anything new.
Meta Platforms, Inc. continues to deliver strong core business growth, with Family of Apps revenue up 26% and daily active users exceeding 3.5 billion. META's aggressive CapEx, especially in AI and VR ...
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Meta plans to launch its stablecoin by second half of 2026
Meta Platforms is reportedly getting ready to bring dollar-backed tokens to over 3 billion users by working with an outside company. The move comes four years after the tech giant’s Libra project fell ...
Meta plans a stablecoin comeback in 2026 through a third-party partner, aiming to integrate dollar-pegged payments across its platforms.
(Bloomberg/Ryan Vlastelica) — The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that ...
According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...
A Meta smartwatch is planned, having previously been shelved several years ago. But it makes sense amid a shift away from VR, ...
Meta is set to release its first smartwatch this year featuring health-tracking and built-in Meta AI, reports The Information. The smartwatch, which would compete directly with Apple Watch and other ...
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