Facebook to Stop Hiring New Employees
Facebook, the Meta-owned social media platform, announced that it is pausing on hiring, according to an internal memo that was first seen by the Business Insider on Wednesday. According to Business Insider, CFO David Wehner said that this implementation is part of the company’s “reprioritisation” as it tackles challenges that caused it to miss revenue…
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Meta is Getting its First-Ever Physical Retail Store
Meta, the social media and tech mega-corp, is getting its first-ever physical retail store, along with an online shop. The Meta Store will be selling headsets and offering demos to help people “connect” to the metaverse. According to Business Insider, the tech company will open the new in-person shop on 9 May 2022 in California….
Meta Rumoured to be Working on New Virtual Currency: ‘Zuck Bucks’
Meta reportedly plans to introduce a virtual currency “Zuck Bucks” to its apps to reward content creators and run other financial services like lending. Mark Zuckerberg, founder and CEO of Meta, recently gave up on another digital currency he was working on “Diem” after regulators blocked it. After the recurring pressure from regulators, the project…
The Metaverse is Coming, Will SA’s Networks By Ready in Time?
Heralded as the next frontier of the Internet, the metaverse is the vision of a persistent 3D virtual world where we can explore and interact with others as avatars, whether for work or entertainment, using virtual reality (VR) and augmented reality (AR) headsets. While this may seem like a futuristic concept to some, many big…