Tag: Meta

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Metaverse

Meta Concludes Transformative Year in Court

Last week, the CEO and Founder of Meta, Mark Zuckerberg, entered a Californian court following a long-standing investigation by the federal trade commission...
Metaverse

Big XR News from EndeavorXR, Meta, IGS 2022, and Conquest VR

As 2022 rounds off, the extended reality (XR) sector continues to grow. Despite stocks of major immersive firms such as Meta and Snap...
Blockchain

Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO – Blockchain News, Opinion, TV and Jobs

Metaverse

Meta plans mass layoff to affect many thousands: report

Meta Platforms Inc., the parent company of Facebook, plans its first mass layoff this week that could see thousands of employees losing their...
Blockchain

Meta reportedly plans ‘large-scale layoffs,’ however what of its metaverse division?

As of the end of Sep, Meta had quite 87,000 staff — an oversized proportion of that is alleged to figure within the...
Polygon Chain

Polygon (MATIC/USD) clears resistance on Meta news

Blockchain

Metaverse losses top $3.6B for Meta with spending set to increase

The tech giant is simply over $500 million off from topping its quite $10 billion metaverse department losses in 2021, however its aforementioned...
Metaverse

Meta Pay Joins JP Morgan Network of Digital Vendors

This Tuesday, the Leader of Commerce, FinTech, and Web3 at Meta, Stephane Kasriel, took to their Twitter account, to announce JP Morgan is...
Bitcoin

Meta Stock Falls As Metaverse-Driven ‘Reality Labs’ Posts $3.7B Loss

Metaverse

Meta AR/VR arm adds to mounting losses for Facebook parent company

Facebook’s parent company Meta reported its metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year, bringing its accumulated...
Metaverse

Meta Quest Pro Hits Store Shelves

Storefronts and stockrooms opened sales of the Meta Quest Pro on Tuesday for immediate purchase, offering customers a firsthand experience with the novel...
Metaverse

Meta, metaverse dreams must come down to earth

Meta Platforms Inc. shareholder Altimeter Capital chair and chief executive officer Brad Gerstner wrote an open letter to Facebook cofounder and CEO Mark...
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