Mark Zuckerberg says NFTs will be soon available on Instagram  

Here are the top trending news from the world of technology 

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Mark Zuckerberg says NFTs will be soon available on Instagram  

Speaking in the ongoing annual film and media function SXSW, Meta’s CEO said that NFTs will soon make debut on the photo sharing platform Instagram. Zuckerberg did not shed much light probably because the plan to bring NFTs to Instagram are still in the initial stage. Zuckerberg also added that NFTs will be soon playing key role in Meta’s Metaverse world. This is not the first time that Meta has hinted about NFTs arrival on Instagram. Few months back, Instagram’s top man Adam Mosseri had said that the platform is looking to explore the NFT technology (Read more)

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Tesla fires an employee for posting YouTube Video (Here’s why)

Electric vehicle major Tesla had fired data annotation specialist John Bernal in February this year. Tesla took this harsh step after the company found out that Bernal had posted Tesla’s Full Self Driving (FSD) Beta System review on his Youtube Channel. Tesla also said that the company has completely cut off Bernal’s access to the FSD beta system in Tesla car that latter personally owns. Tesla had hired Bernal August 2020 to work as data annotation specialist in its San Mateo office (Read more)

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China’s richest man losses $53Bn in one day

China’s massive stock market crash on Monday costed its rich man, Zhong Shanshan, whopping $53 Bn. Shanshan. Shanshan’s company stock Nongfu Spring Co tumbled as much as 9.9% in Hong Kong exchange on Monday, the biggest single day drop ever since the company went public nearly 18 months ago. On the same day, the stocks of Tencent and other big Chinese tech companies also witnessed a big drop. Shanshan is widely hailed as China’s king of bottled water and is known for keeping low profile (Read more)

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Binance secures its first Gulf Crypto License

Binance has secured crypto asset service provider license in Bahrain. This is the first time that the world’s largest crypto exchange has secured crypto license in the gulf land or in the Gulf Cooperation Council (GCC). Binance has hailed the decision of securing crypto license in Bahrain as a landmark development in its journey. Across the world, the Binance platform continues to face regulatory pressure and crackdown (Read more)

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Barcelona’s Iconic stadium will be named after ‘Spotify’ from next season

Spanish footballing giant Barcelona has struck a long-term strategic deal with streaming company Spotify. The financial details of the deal are still not known but the high profile deal is likely to help the debt ridden football club in overcoming its financial problems. More importantly, FC Barcelona’s iconic football stadium Nou Camp will now be renamed as Spotify Nou Camp from next season (Read more)