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FTX CEO dissects Mark Zuckerberg's intent to pump $10B/year into Meta
30.10.2022
Zuckerberg’s $100 billion Metaverse experiment first raised eyebrows when the CEO released the avatar for Meta’s Horizon Worlds VR platform
Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism
29.10.2022
Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular...
Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?
28.10.2022
Meta's Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren't happy with the company's oversized investment in metaverse technology
Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
28.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
Bitcoin weak hands 'mostly gone' as BTC ignores Amazon, Meta stock dip
28.10.2022
Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness
Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges
28.10.2022
The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously that Meta was a good investment. “I...
Meta ztrácí na metaversu desítky miliard a bude hůř. Koncept nechápe ani zakladatel Oculusu
27.10.2022
Mark Zuckerberg se netají tím, že virtuální svět metaverse považuje za největší technologickou revoluci budoucnosti, neváhá do vývoje vkládat velké peníze, jenže… Meta na jeho snu krvácí, a to dramaticky. Poslední hospodářské výsledky společnosti odhalily, že ztráty divize Reality Labs, která za
Meta’s Metaverse Business Loses Over $3.5 Billion in Q3 2022
27.10.2022
Facebook-owner Meta recorded a loss of over $3.5bn in the third quarter of this year, as the company continues to burn cash on its new metaverse-related initiative.
Overall, Meta saw its revenue fall 4% in the third quarter, while expenses rose by 19% year-over-year to $22.1bn. Compared to...
Meta’s Reality Lab division suffers $3.7B loss in Q3
27.10.2022
Meta’s concerns have been surging for a while as the company notes another big blow. Reality Lab, Meta’s metaverse branch, recently disclosed facing 3.7 billion dollars in losses during 2022 Q3. The VR and AR operations department has experienced losses while trying to elevate...
Metaverse losses top $3.6B for Meta with spending set to increase
27.10.2022
The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
26.10.2022
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter
Meta Partners with Fashion Company L’Oréal to Launch Web3 Accelerator Program
26.10.2022
Web3 is gaining momentum as an innovative wave for many businesses, brands, and individuals. This wave has increased the adoption of the Metaverse through different applications and virtual possibilities.
Meta recently revealed its partnership with French business school HEC Paris and L’Oréal....
Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says
25.10.2022
In an open letter, Altimeter Capital's CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion
Nokia Believes the Metaverse Will Replace Smartphones in the Future
25.10.2022
Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses, and will allow users...
Bank of America rebaja calificación de Meta a neutral en medio de su incursión en el metaverso
24.10.2022
La inversión en el metaverso seguirá siendo una sobrecarga en la acción, dijo el informe
Meta Downgraded by BofA to Neutral From Buy Partly on Metaverse Concerns
24.10.2022
Investment in the metaverse will remain an overhang on the stock, the report said
Instant Articles, Proprietary Syndication, and a Web Built on User Fidelity Preferences
20.10.2022
I love it when there’s a sense of synergy in the blogosphere. First, I caught Nick Heer’s coverage of Meta ending support for Instant Articles, its proprietary format for stripped-down performant news articles. He also compares it to the similar …
Instant Articles, Proprietary...
Aptos (APT), a famous public chain with Meta background, is now first listed on MEXC
20.10.2022
The latest news from Aptos indicates that it will launch the mainnet in the near future. At the same time, its mainnet token APT was announced by major mainstream exchanges before it was in circulation. The cryptocurrency trading platform MEXC listed the Aptos mainnet token APT at 00:45 on October...
Meta Follows Blockchain Firms in Joining Cryptographic Privacy Group MPC Alliance
18.10.2022
Facebook owner Meta has joined the MPC Alliance, a non-profit group focused on cryptographic privacy and security, according to a press release
'Performing as expected' — Aptos Labs defends day 1 criticism
18.10.2022
Aptos’ blockchain claims to handle three times the amount of transactions per second than Solana but day one of its launch saw the network transacting a much lower amount