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Metaverse Tokens Gain Big As Zuckerberg's Bullish View Eclipses Reality Labs' $13B Loss In 2022
Wednesday, February 1, 2023 - 11:30pm | 351Despite operating losses in 2022 for the Reality Labs business, Meta Inc (NASDAQ: META) CEO Mark Zuckerberg reassured that the company is sticking to its long-term goals for Metaverse, leading to a surge in the prices of associated tokens. What Happened In the last 24 hours...
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Zuckerberg Will Continue To Pour Money Into The Metaverse — But Where's The 'Magic' In The Company's Metaverse Products Today?
Friday, November 11, 2022 - 9:29am | 1238Meta Platforms (NASDAQ: META) has seen better days. As the company steps once again into defense mode over a massive wave of layoffs, all eyes turn to CEO Mark Zuckerberg and his hopes to replicate Facebook’s Web 2 success by developing an early version of the metaverse. Several issues...
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Zuckerberg Says Facebook Parent Doing 'Leading Work' In Metaverse: 'On Right Track With These Investments'
Wednesday, October 26, 2022 - 8:49pm | 405Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg is ready to put more of his chips into the fledgling metaverse despite his company’s finance chief anticipating losses of Reality Labs growing “significantly year over year.” What Happened: ...
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Meta Platforms Investors Run From Q3 Earnings: Revenue Beat, EPS Miss, Daily Users Up, Costs Set To Climb In 2023
Wednesday, October 26, 2022 - 4:38pm | 576Social media platform and metaverse company Meta Platforms Inc (NASDAQ: META) reported third-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta Platforms reported third-quarter revenue of $27.71 billion, a 4% decline year-over-year. The...