Current track

Title

Artist

Current show

The Morning Hustle

5:00 am 9:00 am

Current show

The Morning Hustle

5:00 am 9:00 am


reportedly

Meta Platform, Inc.’s (FB) Diem stablecoin project may be shuttering. According to a Bloomberg report, the project is searching for a buyer for its intellectual property (IP). The report, which quotes anonymous sources, does not specify contents of Diem’s IP portfolio nor the price that a buyer may be willing to pay for it. The […]

The Diem Association, a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to a report from the WSJ. Meta, the company formerly known as Facebook, is one of the founding members of the association. Diem represented Facebook’s most ambitious bet on cryptocurrencies. […]

Apple has reportedly hired Meta augmented reality’s communications lead, ahead of its headset launch in 2022. In his Bloomberg newsletter, ‘Power On,’ Mark Gurman wrote that the company has brought on Andrea Schubert, the public relations head who has been working at Meta for nearly six years. “Ahead of that launch, Apple is starting to […]