Tag: Facebook

[ad_1] It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021. The name change reflected the company’s growing ambitions to transcend past social media and into the world of Web3, crypto, NFTs, and the Metaverse —...

[ad_1] Silvergate Capital purchased Diem’s tech assets for $182 million earlier this year, ending the grandiose ambition of Facebook to create a blockchain payments network. The transaction demonstrated how Facebook, now Meta, is left with few regulator-approved ways to become a key participant in the blockchain ecosystem. Some ex-Meta...