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Meta Has Rebounded But The Metaverse Is Still Far From Reality
Thursday, July 27, 2023 - 9:48am | 514On Wednesday after the bell, Meta Platforms (NASDAQ: META) reported double-digit revenue growth for the first time 2021’s fourth quarter while also guiding for better than expected third quarter guidance. Unlike Snap Inc (NASDAQ: SNAP), Meta showed it has rebounded after being...
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Meta Platforms Q2 Earnings Highlights: Revenue And EPS Beat, Guidance Update, Lower Costs, 'Compelling' AI Opportunity
Wednesday, July 26, 2023 - 4:25pm | 487Technology company Meta Platforms (NASDAQ: META) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta Platforms reported second quarter revenue of $32 billion, which was up 11% year-over-year. The revenue total came...
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Bitcoin's Q2 Supremacy: Altcoins Like Uniswap, Chainlink, Lido Shiver As BTC Holds The Reins
Wednesday, July 19, 2023 - 1:04pm | 647In the second quarter of 2023, Bitcoin (CRYPTO: BTC) demonstrated a strong performance, gaining market dominance over altcoins, according to a report. Despite the crypto market experiencing a downturn, Bitcoin and Ethereum (CRYPTO: ETH) continued to build on their gains from the first...
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ZTX Launches On Arbitrum To Develop 3D Open-World Ecosystem
Thursday, July 13, 2023 - 6:32pm | 559ZTX, a blockchain initiative backed by Jump Crypto and ZEPETO, is set to launch on Arbitrum (CRYPTO: ARB), a Layer-2 (L2) scaling solution for Ethereum (CRYPTO: ETH) ZEPETO dubs itself to be Asia's largest avatar social network, with more than 400 million lifetime users. ZTX is...
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Metaverse Could Be Used To Brainwash Youth And Train Recruits For Terrorism, Says India's Home Minister
Thursday, July 13, 2023 - 10:37am | 480Expressing grave concerns about the potential misuse of the metaverse and cryptocurrencies by terrorist organizations, Indian Home Minister Amit Shah on Thursday asserted that the virtual world is likely to become a breeding ground for terrorists to brainwash youth, employ and train new...
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Ethereum Towers Announces Final Mint Of Luxury Metaverse Apartments
Wednesday, July 12, 2023 - 12:36pm | 359Ethereum Worlds, the creators of Ethereum Towers, have set aside July 13 at noon EST for the final mint of their luxury metaverse apartments. The three different types of apartments include standard, luxury and penthouse. Each one is customizable, allowing users to design, build, and furnish their...
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Selecting A Reliable Crypto Custodian: Investors Urged To Prioritize Security Amid Increased Risk
Tuesday, July 11, 2023 - 3:16pm | 467In November 2021, the digital asset industry soared to a record high of $3 trillion, while the custodial segment of the market maintained a more conservative figure of $447.9 billion in 2022, according to a report. Consulting firm PricewaterhouseCoopers (PwC) and Aspen Digital, a wealth tech...
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Meta Goes After Twitter Users, EU Regulators Go After Meta
Thursday, July 6, 2023 - 11:58am | 585As Meta Platforms (NASDAQ: META) continues on its identity quest that began when it repositioned itself away from being a social media company Facebook to a metaverse platform creator, it went back to social media by launching a Twitter copycat that became the most popular alternative to Twitter in...
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Zuckerberg Enters The Ring With Apple Vision: Annual Salary Of Meta VR Developer More Than Average American Makes In A Decade
Saturday, July 1, 2023 - 2:02pm | 730Costs were a major concern for investors when Facebook rebranded to Meta Platforms Inc (NASDAQ: META) and laid out a new vision for the future of the company focused on the metaverse. Although 2023 has been dubbed the "year of efficiency" for the Facebook parent, ...
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Slim Jim Enters The 'Meataverse': How You Can Get A Free NFT From The Dogecoin-Supporting Meat Snack Company
Wednesday, June 21, 2023 - 2:53pm | 662Fans of cryptocurrency likely know that meat stick and meat snacks company Slim Jim has been a supporter of the meme coin Dogecoin (CRYPTO: DOGE) for years. Now, Slim Jim has set its sights on the metaverse with a new virtual world and non-fungible token collection. What Happened: Slim Jim...
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Meta Is All About AI These Days But The Metaverse Is Still In The Air
Thursday, June 15, 2023 - 2:06pm | 859While AI has long been on the activity schedule of Meta Platforms Inc (NASDAQ: META), the social technology and online ad company was often left outside the AI conversation compared to Microsoft Corporation (NASDAQ: MSFT) who is not only talking about AI, but betting everything on it. On...
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Metaverse On Blockchain Creates New Reality For Modern Commerce
Wednesday, June 14, 2023 - 9:28am | 1029Although the pandemic is officially declared over and most restrictions have been lifted, it cannot be said that life has gone back exactly to the way it was before COVID-19 wreaked havoc on the world. The most obvious change would be how people are now relying more on the Internet, especially when...
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The Metaverse And Immersive Technologies Show Promise In Industrial Applications
Tuesday, June 13, 2023 - 1:49pm | 1897Some of the greatest potential for early adoption of the Metaverse and immersive technologies lies within the core industries that underpin our economies, including manufacturing, engineering services, construction, and transportation design. Collectively grouped as the Industrial Metaverse, we...
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Metaverse Tokens Soar 6% Amid Rumors Of Apple's AR/VR Headset Debut
Monday, June 5, 2023 - 4:47am | 400Metaverse tokens, including The Sandbox (SAND) and Decentraland (MANA), rose as much as 6% in the past 24 hours, amid rumors of Apple Inc‘s (NASDAQ:AAPL) possible entry into the world of virtual and augmented reality headsets. What Happened: This development follows reports indicating that...
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Step into the Future With Ethereum Worlds' Metaverse: Luxury Apartments And Celebrities Await
Thursday, June 1, 2023 - 1:16am | 448Luxury metaverse builders Ethereum Worlds have unveiled the release of their Minimum Viable Product (MVP) for their community-focused Metaverse platform. The MVP represents the first phase of Ethereum Worlds' larger ecosystem and features premium assets, including luxury...