Meta invests $900M in Indian fintech CRED to turn WhatsApp into a super app

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Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight

Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone prediction market app inte

Jun 24, 3:30 PM

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Morning Minute: Meta Is Building a Prediction Market

Arthur Hayes put out a bull case for the CARDS token, and the Clarity Act is facing some surprising opposition from a new group.

Jun 24, 12:25 PM

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Meta pauses employee tracker for AI training amid privacy concerns

Workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen content Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash. The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer screens in order to collect data for training its AI models. Continue reading...

Jun 24, 11:38 AM

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Meta and Microsoft commit tens of billions each to data center leases as industry tops $850B

The massive data center investments by tech giants could lead to significant financial risks if AI demand doesn't meet expectations. The post Meta and Microsoft commit tens of billions each to data center leases as industry tops $850B appeared first on Crypto Briefing.

Jun 24, 11:16 AM

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Meta Bets on Prediction Markets as It Hunts for Next-Growth Engine (Report)

Arena revives Meta's earlier attempt at prediction markets after the shutdown of its Forecast app in 2022.

Jun 24, 10:40 AM

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Zuckerberg’s Meta Makes a Move Into Prediction Markets With Arena

Prediction markets are one of the fastest-growing sectors of the digital economy, and Meta is apparently getting ready to enter it. An internal team has been assigned by CEO Mark Zuckerberg to create a stand-alone platform called Arena. It will function independently of Meta’s core products, such as Facebook, Instagram,

Jun 24, 7:12 AM

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Mark Zuckerberg’s Meta is working on a points-based prediction market app: report

Meta chief executive Mark Zuckerberg has directed employees to develop a prediction markets app called Arena that would operate separately from the company’s existing social media products, The New York Times reported on Tuesday, citing two employees familiar with the…

Jun 24, 7:11 AM

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Meta appoints Kunal Shah as WhatsApp leader after cold email turned job offer

Shah's leadership at WhatsApp could redefine monetization strategies, leveraging his fintech expertise to unlock new revenue streams for Meta. The post Meta appoints Kunal Shah as WhatsApp leader after cold email turned job offer appeared first on Crypto Briefing.

Jun 24, 5:01 AM