October 29, 2022
News

Binance Sent Half-a-Billion To Empower Elon Musk In Twitter Buyout

The news about the long-awaited Twitter, Inc purchase by Elon Musk is finally done. On top of owning Tesla, SpaceX, The BoringCompany, and Neuralink – Musk is now the owner of one of the world’s most influential social media platforms. Amidst the turmoil that was the negotiations between Musk and Twitter’s board of directors that […]

October 28, 2022
October 28, 2022
News

Meta Lost Billions According to New Report

Meta, the parent company of Facebook and Instagram, reported significant losses for the third quarter of 2022. On October 26, Meta announced that its metaverse division, Reality Labs, lost over $3.67 billion. In Q2 of this year, the company lost $2.8 billion. Dave Wehner, the tech giant’s outgoing chief financial officer, commented that Reality Labs […]