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The Metaverse Tax Conundrum: How It Could Become The Ultimate Tax Haven
Thursday, October 5, 2023 - 1:52pm | 810Most companies are doubling down on their efforts to integrate metaverse into their business models as the world is digitized, but the long-term ramifications of the budding technology are yet to be determined. "For [tech, media and telecom] companies, this poses the classic investment...
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Zuckerberg: You Can Talk To The Dead In The Metaverse, But It May Be 'Unhealthy'
Wednesday, October 4, 2023 - 10:29am | 536Meta Platforms Inc (NASDAQ: META) has unveiled new realistic metaverse avatars that are nearly indistinguishable from the real life version of the person they represent. Those avatars could someday be used to speak with deceased loved ones, according to Meta CEO Mark Zuckerberg...
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Mark Zuckerberg's Meta Reportedly Set To Lay Off Employees In Metaverse Silicon Unit on Wednesday
Tuesday, October 3, 2023 - 10:14pm | 593Meta Platforms Inc. (NASDAQ:META), led by Mark Zuckerberg, has reportedly been preparing to lay off employees in its metaverse-oriented silicon unit, Reality Labs, with the announcement expected on Wednesday. What Happened: On Tuesday, employees at Meta’s Reality...
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Hot Investment Trends in 2023 And Ways To Position Yourself For Potential Success
Friday, September 29, 2023 - 12:27pm | 605The financial world never stands still, and 2023 is no exception. As investors look to the future, several investment trends are catching the eye and shaping opportunities for those who know where to look. Let's dive into 3 hot investment trends of the year and discuss ways you can position...
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Fortnite Creator Epic Games Announces Layoffs Of 830 Staff Members
Thursday, September 28, 2023 - 5:43pm | 413Epic Games, the company behind "Fortnite" and Unreal Engine, is laying off 830 employees, which accounts for approximately 16% of its workforce. CEO Tim Sweeney shared the news in a memo, citing financial difficulties resulting from overspending in pursuit of expanding Fortnite...
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Shanghai Aims To Become Global Blockchain Hub By 2025
Wednesday, September 27, 2023 - 12:30pm | 554Shanghai unveiled a comprehensive strategy to advance its blockchain technology capabilities through 2025. The city's initiative encompasses a range of areas, including blockchain system security, cryptographic techniques, smart contracts and more. The local government believes these...
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Meta's Quest 3 Launch, AI Agents And More: Get Ready For Connect Developer Conference
Tuesday, September 26, 2023 - 11:37am | 714Meta Platforms, Inc. (NASDAQ:META) is set to unveil groundbreaking advancements at its annual Connect developer conference, scheduled for Sept. 27-28. Among the anticipated highlights is the official launch of Quest 3, a virtual reality headset promising to redefine the VR experience. Beyond Quest...
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Mark Zuckerberg's Confidential 2010 Email Demanded A Facebook Employee 'Resign Immediately' After 'An Act Of Betrayal' Against Company; Worker Was Warned To Leave Or 'We Will Almost Certainly Find Out Who You Are Anyway'
Monday, September 25, 2023 - 4:52pm | 733A potential return-to-work mandate from Meta Platforms (NASDAQ: META) is signaling the possibility of further employee exits from the social media giant, as major tech companies grapple with finding the equilibrium between remote and in-office work arrangements. This potential backlash against the...
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Tesla CEO Elon Musk Mocks Mark Zuckerberg's $36B Metaverse Gamble: 'Genius Move'
Thursday, September 21, 2023 - 7:59am | 823Elon Musk, the tech billionaire known for his eccentric remarks and leading ventures like Tesla and SpaceX, has once again targeted his tech counterpart, Mark Zuckerberg. This time, it’s about Meta Platforms Inc.’s (NASDAQ:META) reported $36 billion...
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30 People to Watch in Web3: Darcy Donavan — Crypto Queen & Web3's Hollywood Ambassador
Monday, September 11, 2023 - 8:55am | 829If you aren't aware of the waves Darcy Donavan, the "Queen of Crypto," is making in the Web3 world, you would probably still know her face. Donavan has appeared in hit movies and television shows including, "Anchorman," "Modern Family," "Parks and Recreation,...
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EXCLUSIVE: Shiba Inu's Lead Developer Highlights Fusion Of Virtual, Physical Realms
Friday, September 8, 2023 - 2:58pm | 756In the evolving intersection of virtual communities and real-world businesses, Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), has highlighted the transformative potential of their platform, Shibarium, presenting a clearer picture of the synergy between virtual communities and real...
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30 People To Watch In Web3: David Palmer - At The Nexus Of IoT & Blockchain
Monday, August 28, 2023 - 12:30pm | 579David Palmer is squarely in the nexus of blockchain and IoT as the chief product officer of Vodafone’s Digital Asset Broker (DAB). Working with the largest pan-European and African telecommunications company gives Palmer the opportunity to reach a global audience with Web3 technology, through...
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Julian Assange's Metaverse Rally: What You Need To Know About Upcoming Political Event
Thursday, August 24, 2023 - 9:45am | 517The “Don’t Extradite Assange Campaign” is taking its advocacy to the digital realm. The first-ever virtual political rally in the Wistaverse metaverse is happening on Saturday, Aug. 26. This initiative aims to galvanize global support against the potential extradition of WikiLeaks...
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FC Barcelona Secures $132M War Chest For Web3 Initiative
Friday, August 11, 2023 - 2:41pm | 611Spanish soccer giant, FC Barcelona, has secured a significant 120-million-euro ($132 million) investment for its digital initiative, Barça Vision. The investment comes from LIBERO football finance AG and private investors, both of which have acquired a 29.5% stake in Bridgeburg Invest,...
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Bitcoin, Ether Focus Of New ETF Proposals By ProShares And Bitwise To SEC
Friday, August 4, 2023 - 12:01pm | 422ProShares and Bitwise have submitted proposals to the U.S. Securities and Exchange Commission (SEC) for the establishment of an exchange-traded fund (ETF) that would concentrate on Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH). As per the application from ProShares, the Bitcoin and Ether Equal...