Meta invests $900M in Cred, appoints founder Kunal Shah to lead WhatsApp

Meta's Arena app could reshape digital prediction markets, influencing regulatory landscapes and expanding Meta's tech and financial ventures. The post Meta develops prediction markets app Arena, directed by Zuckerberg appeared first on Crypto Briefing.

Meta's strategic move could redefine WhatsApp's role in global digital payments, leveraging Shah's fintech expertise to unlock new growth avenues. The post Meta Platforms invests $900M in CRED, appoints Kunal Shah as WhatsApp CEO appeared first on Crypto Briefing.

The investigation could lead to significant regulatory changes, impacting Meta's revenue model and setting a precedent for tech accountability. The post European Commission escalates probe into Meta’s addictive design for children appeared first on Crypto Briefing.

For the past three years, "Meta" and "Ray-Ban" have been synonymous in the smart glasses space. Not anymore. Yesterday, I slipped on several pairs of Meta Glasses - no Ray-Bans - in three different styles and seven colors. One style, I was told several times by various enthusiastic Meta spokespeople, is a collaboration with socialite and reality TV star Kylie Jenner. Meta could've struck out on its own from the get-go, but teaming up with EssilorLuxottica and the Ray-Ban brand was a savvy move in entering the smart glasses space. Previous smart glasses looked straight out of a sci-fi flick, or were just dorky enough to be unappealing. Ray-B … Read the full story at The Verge.

The EU's intensified probe into Meta could set a precedent for stricter global regulations on tech companies' design practices targeting minors. The post EU escalates investigation into Meta over addictive design targeting children appeared first on Crypto Briefing.

Meta's pause highlights the tension between AI data needs and employee privacy, underscoring the complexities of ethical data sourcing in tech. The post Meta pauses internal mouse-tracking program amid data security review appeared first on Crypto Briefing.

The move comes after the company left potentially sensitive data from the initiative exposed internally.

Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models.