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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...

HBAR falls 32% as BlackRock denies any business ties to Hedera


The recent debunking of the BlackRock-Hedera collaboration speculations, after the misunderstanding caused the brief rise of Hedera’s digital currency value, has fixed the latest updates to the truth.  In an official statement, BlackRock, a well-known multinational finance corporation...

Crypto for Advisors: The Professionalization of Crypto


The professionalization of crypto is here, whether it’s tokenized securities, crypto-forward financial products from the world’s largest asset managers or platforms that help financial advisors access this new market directly

Embracer CEO Is Full Of Excuses


The past year or so has been a slow-moving trainwreck for Embracer Group, following the large company’s unprecedented studio acquisition spree. And, after announcing on April 22 that the company was planning to split itself up into three different companies, the CEO of Embracer is only filled with...

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