Meta’s metaverse business reports more than $10B in losses for 2021
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A few months after Facebook changed its corporate name to meta, the company has reported a loss of more than $10 billion after scaling its development in the metaverse sector. Such large-scale losses…
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Tech conglomerate Meta Platforms, formerly known as Facebook, posted its financial results for the first quarter of 2022. While the company revealed its quarterly revenue to be around $27.91 billion,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks. According to Hacken, this marks a significant increase from 50% in 2023, with losses…