Ethereum

Polygon

<ul><li>According to Stephane Kasriel, the closure will enable the business to focus on other ways to support creators.</li><li>Meta is also planning layoffs in the coming months.</li></ul>Just over a year after revealing plans, big Tech firm Meta is now pausing plans to let users share digital collectibles on its Instagram and Facebook platforms. <a href="https://twitter.com/skasriel/status/1635386565487898624" rel="noopener noreferrer nofollow">Stephane Kasriel</a>, Meta’s head of commerce and financial services, declared on Twitter on Monday that the closure will allow it to focus on other ways to support creators, people, and businesses.Following Mark Zuckerberg’s statement that <a href="https://thenewscrypto.com/news/nft-news/" rel="noopener noreferrer nofollow">NFTs</a> would be heading to the photo and video-sharing app at the South by Southwest conference in Austin the previous year. And Meta invested heavily in the development of digital collectibles. Only a small number of creators were given access to the features; they were never made broadly available.Meta added cross-posting of Ethereum, Polygon, and Flow NFTs between its Facebook and Instagram products in August. To simplify the NFT sharing process. As per reports, Meta is gearing up to declare additional <a href="https://thenewscrypto.com/meta-reportedly-planning-layoffs-this-week-affecting-thousands/" rel="noopener noreferrer nofollow">layoffs</a>. That would equal approximately the same amount as the 13% reduction in its workforce last year. These layoffs would be announced in various rounds over the upcoming months.

Meta Plans to Stop Support for NFTs on Facebook and Instagram

TheNewsCrypto

Artikel lain yang dipublikasikan pada 14 Mar 2023

More Than 280 Blockchains at risk of ‘zero-day’ exploits, Warns Security Firm

HELLO pens licensing deal with Sony Music

Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole

From Panic To Profits: How A Bank Run Sparked A Crypto Market Rally

10 Promising Cryptocurrency Trends to Watch for in 2023

Is micro-tipping the future of the creator economy?

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!