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PortuguêsSamsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset…
Continue ReadingMeta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared…
Continue ReadingDuring a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy. Meta founder and CEO Mark Zuckerberg says the…
Continue ReadingShould the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services. A federal judge in the United States…
Continue ReadingThe crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited…
Continue ReadingThe NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be…
Continue ReadingApple’s rumored VR headset launch appeared to fuel a sharp rally in metaverse tokens, but data suggests that the momentum is not sustainable. The metaverse hype that began in 2021…
Continue ReadingA new survey from CoinWire revealed that the majority of users believe the metaverse will reshape their social life and interactions. Last year the crypto and Web3 saw a dichotomy…
Continue ReadingThe World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage…
Continue ReadingThe World Economic Forum (WEF) has published an article predicting how metaverse tech will evolve and how it will be introduced in different sectors. For the organization, the biggest impact…
Continue ReadingBitcoin’s yearly losses are similar to high-profile stocks like Tesla and Meta, with BTC investors down 70% in 2022. Gold and stocks have underperformed in 2022, but the year has…
Continue ReadingMeta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While…
Continue ReadingJohn Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals…
Continue ReadingMicrosoft CEO and chairman Satya Nadella had previously stated that the acquisition of Activision Blizzard would “play a key role in the development of metaverse platforms.” Microsoft’s attempt to acquire…
Continue ReadingBillions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. Meta CEO Mark Zuckerberg is still…
Continue ReadingDespite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision. In changing the name of its parent company to Meta, Facebook put…
Continue ReadingBlockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way. The…
Continue ReadingOxford University has opened public voting for the first time with polls set to close on Dec. 2. The word “Metaverse” is one of three in the running to be…
Continue ReadingTech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the…
Continue ReadingAfter lecturing us about crypto regulation, Sam Bankman-Fried’s house of cards collapsed this week as FTX declared bankruptcy. Who would’ve thought that the implosion of Terra, the collapse of Three…
Continue ReadingMeta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company.…
Continue ReadingThe Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history. The Facebook parent company Meta…
Continue ReadingFacebook’s parent company Meta has announced today that the firm is cutting down 11,000 workers, in what could be the biggest layoff in the US this year. Meta Fires 11,000…
Continue ReadingThe world is upside down. Is bitcoin stable now? Or is everything else extremely volatile all of a sudden? As the planet descends into chaos, bitcoin remains in a weird…
Continue ReadingMeta, the parent company of social media giant Facebook, continues to decline requests for comments after its plans for a massive workforce reduction set to be announced next week leaked…
Continue ReadingThe Polygon network is now lit like Christmas lights following a number of positive MATIC news that involve some of the biggest names in social media and finance industry. For…
Continue ReadingThe Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates…
Continue ReadingCentralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution. Since the introduction of ICQ — the progenitor of online…
Continue ReadingPolygon (MATIC) is one of the biggest winners in the crypto market today, with a 15% price increase over the last 24 hours. As NewsBTC reported yesterday, MATIC gave a…
Continue ReadingBig tech company Meta, formerly known as Facebook, will extend its non-fungible token (NFT) features to the social network Instagram. According to an official announcement, the company partnered with the…
Continue ReadingPolygon’s list of high-profile partners is getting longer, with Disney, Starbucks and Robinhood already boarding its blockchain. Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov.…
Continue ReadingAn “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram. Social media platform Instagram is set to introduce a number…
Continue ReadingThe company changed its name on Oct. 28, 2021, reflecting growing ambitions to transcend beyond social media and into Web3 and the Metaverse. It’s been just over a year since…
Continue ReadingToda 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…
Continue ReadingMeta’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. Not everyone is convinced that Mark Zuckerberg’s…
Continue ReadingHuge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness. Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail…
Continue ReadingThe 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…
Continue ReadingMeta (formerly Facebook) officially declared its entry into the metaverse space last year with the Reality Labs division. Its announcement had understandably triggered the popularity of metaverse projects and their…
Continue ReadingNo one said the shift to web3 would be easy. That’s certainly the sentiment at Meta, which saw drops in sales and profits in their quarterly earnings announcement this week.…
Continue ReadingThe 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…
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