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Meta to sunset NFT features on Facebook and Instagram

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The company will focus on other aspects of the business

Meta has announced it won’t be going ahead with its NFT and digital collectibles features on Facebook and Instagram.

The project has only been around for a year, and the company has revealed it is shelving the NFT concept.

“We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,” Meta’s head of commerce and financial technologies Stephane Kasriel wrote in a Twitter thread.

“Let me be clear: creating opportunities for creators and businesses to connect with their fans and monetise remains a priority, and we’re going to focus on areas where we can make impact at scale, such as messaging and monetisation opps for Reels.”

Meta has been cutting costs across the company as it scrambles to make its metaverse dreams a (virtual) reality.

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Experts reveal AI’s impact on the retail experience in Australia

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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‘Rust’ will premiere at the Polish film festival, three years after fatal incident

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The controversial film ‘Rust’, plagued by tragedy since 2021’s fatal on-set shooting involving Alec Baldwin, is finally set to premiere in Europe.

The movie faced extensive delays and legal challenges following the tragic incident that resulted in the death of cinematographer Halyna Hutchins.

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Experts urge automation adoption key in transforming the fight against cybersecurity threats

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Why outdated patching methods leave companies vulnerable and how AI can fix it

Automation is crucial in reducing cybersecurity vulnerabilities, says Vivek Bhandari, VP of Product Marketing at Tanium. Poor patching methods create a backlog of security issues, or “vulnerability debt,” which can leave organisations exposed.

Bhandari urges companies to modernise their processes and use AI and automation to quickly identify and fix vulnerabilities. This proactive approach can significantly reduce risk and keep systems secure. #tickernow

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