212, 2024
Meta To Build Subsea Network
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is embarking on an ambitious project to construct a 40,000-kilometer subsea fiber-optic cable network, with an estimated investment exceeding $10 billion.
2403, 2022
Facebook-Backed Diem Project Quits Stablecoin Bid
The Facebook/Meta backed Diem Association has decided to wind up as regulatory opposition to its stablecoin project proves too great.
2801, 2022
Building Web3 – Why a Meta team left to found Mysten Labs
Evan Cheng is co-founder at Mysten Labs. Mysten is building the foundational infrastructure to accelerate Web 3.0 adoption. The founding team recently left their positions at Facebook (Meta), where they developed Diem, Novi – Facebook's digital wallet, as well as highly composable blockchain language, Move.
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