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Today, all employees of the FAST unit will be notified about their further status. Currently, there are 600 workers under the FAST division. It is not clear how many people will lose their jobs at Reality Labs. Meta Platforms Inc (NASDAQ: META) is reportedly planning to lay off employees in Reality
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“Essentially, what we did was we ended up building a first pass, realizing that it was not the sustainable path forward, went to the drawing board, re-envisioning the way that this system works, and then, fast forward a year and a half, and we're actually seeing the the kind of
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Planetarium Labs is a gaming company known for its immersive gaming experiences, web3 development, and mobility. One of its games, Nine Chronicles, was launched in 2020 and is the world’s first fully on-chain, open-source fantasy RPG game. Over 200,000 community members and gamers worldwide have come together to enjoy this game. As
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“With this development, Buenos Aires becomes the first city in Latin America, and one of the first in the world, to integrate and promote this new technology and set the standard for how other countries in the region should use blockchain technology for the benefit of their people,” Diego Fernandez,
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The document, filed on Wednesday in the U.S. District Court for the Southern District of New York, shows Kwon's lawyers are opposing any opportunity for the stablecoin creator to offer testimony to U.S. regulators. The lawyers argue that it would be "impossible" to bring Kwon to the U.S. because he
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Polygon Labs has suggested that the Celo blockchain community utilize its Chain Development Kit (CDK) for their upcoming Layer 2 transition on Ethereum. This proposal surfaces after Celo’s core team, cLabs, revealed an alternative idea involving a transition from Layer 1 to an Ethereum-based Layer 2 using software from OP Labs
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Binance Labs announced its selection of 12 teams to join its sixth season of the incubation program, set to launch Sept. 25. The two-month program aims to help company founders with resources from the Binance ecosystem alongside 1:1 mentorship opportunities. Supporting early-stage founders Under infrastructure-related projects, Binance Labs introduces Vistara, a one-click rollup
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Matter Labs recently announced the launch of a new ecosystem portal for zkSync, managed by DappRadar, in what both partners are calling a step towards fully decentralizing the protocol. zkSync is a layer-two blockchain for Ethereum payments. It was created by Matter Labs as a method for scaling the Ethereum blockchain
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Movement Labs has raised $3.4 million to launch a software development kit (SDK) for advancing web3 interoperability via their Movement framework used for building and deploying blockchains. Movement Labs’ pre-seed fund Funds were raised to promote the adoption of Move, a smart contract development language that includes built-in safeguards to protect projects
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Sony and Startale Labs are entering into a joint venture agreement to develop a blockchain that could become the backbone of global web3 infrastructure. The joint venture company will be established under the name “Sony Network Communications Labs Pte. Ltd.” Collaborating more deeply According to the press release shared with crypto.news, the companies
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