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Top news of the week: 07.07.2022.

Dustin Moskovitz
Virtual reality
Mark Zuckerberg
Metaverse
Christopher Cox
Facebook

@alexeheath shared
On Jun 30, 2022
Here’s the full memo Meta CPO Chris Cox sent employees yesterday listing the company’s key product bets, including avatars and feed changes to compete with TikTok Cox: “I have to underscore that we are in serious times here and the headwinds are fierce” https://t.co/F1WpCEurKh
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@TechCrunch shared
On Jul 6, 2022
AI chipmaker Rebellions gets $22.8M Series A extension from Korean telco company KT  https://t.co/IhCxmOOIUm by @kateparknews
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AI chipmaker Rebellions gets $22.8M Series A extension from Korean telco company KT

AI chipmaker Rebellions gets $22.8M Series A extension from Korean telco company KT

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT, one of the largest telecom companies ...

@Recode shared
On Jul 1, 2022
Why should we trust Facebook to build the metaverse? https://t.co/bKHuzFrIUh
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@Techmeme shared
On Jul 7, 2022
Planetarium Labs, which is building a Web3 gaming ecosystem based on Libplanet blockchain, has raised a $32M Series A led by Animoca Brands (@skrattybones / VentureBeat) https://t.co/TQE8HuT3Ph https://t.co/hqofnHufdR
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Planetarium Labs raises $32M in Series A funding

Planetarium Labs raises $32M in Series A funding

Planetarium Labs raised $32M in Series A funding to develop Web3 gaming frameworks, which was led by Animoca Brands.

@ballmatthew shared
On Jul 6, 2022
@jonzormann Yep! https://t.co/DmnPSXUWdZ
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The Metaverse: And How It Will Revolutionize Everything

The Metaverse: And How It Will Revolutionize Everything

Amazon.com: The Metaverse: And How It Will Revolutionize Everything (Audible Audio Edition): Matthew Ball, Recorded Books: Audible Books & Originals

@BusinessInsider shared
On Jul 6, 2022
The future of NFTs, according to top crypto VCs and Web3 founders. Presented by @realMatrixport. https://t.co/uq11MffoE7
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The future of NFTs, according to top crypto VCs and Web3 founders

The future of NFTs, according to top crypto VCs and Web3 founders

Industry experts told Insider what NFT use cases they predict will lead to mainstream adoption and their 10-year outlook on the nascent space.

@engadget shared
On Jul 1, 2022
Meta cuts hiring plans as it prepares for 'serious times' https://t.co/z03nzyAgQX https://t.co/9KC0kKnhvs
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Meta cuts hiring plans as it prepares for 'serious times'

Meta cuts hiring plans as it prepares for 'serious times'

The company has revealed that it's focusing on Reels and select products in the second half of 2022..

@9to5mac shared
On Jul 4, 2022
Meta to discontinue 'Novi' cryptocurrency digital wallet https://t.co/7MJNeYfVoQ by @filipeesposito
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Meta to discontinue ‘Novi’ cryptocurrency digital wallet

Meta to discontinue ‘Novi’ cryptocurrency digital wallet

Mark Zuckerberg’s company Meta last year launched “Novi,” a new digital wallet with support for cryptocurrencies. However, it seems that the project didn’t work out so well as Meta has now ...