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Nalezeno "meta platforms": 12

Facebook Has Lost $1 Billion Every Month On VR Since June 2022


Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

Mark Zuckerberg's Avatar Legs Saga Ends With A Whimper, Not A Bang


Last year, Facebook (now known as Meta) announced that it was adding legs to its ugly virtual reality avatars. Some people were excited. Now a year later, after Meta promised the legs were coming soon, they are finally (sort of) working inside the company’s depressing digital “metaverse”. Should...

Meta’s NFTease and AI’s Impact on Web3


Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into...

Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram


Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...

Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok


Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...

I Traveled To Facebook's Soulless (But Popular) Metaverse So You Don't Have To


The metaverse is supposed to be the future, so it’s got the world buzzing with excitement. Hilariously, though, the prominence of the “futuristic” buzzword has caused old footage of digital worlds to explode on social media, largely driven by the fact that nobody really understands what the hell...

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature


Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...

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