metaverse News
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Meta could cut thousands of jobs in new round of layoffs, report says
Meta, the parent company of Facebook and Instagram, is planning a new round of job cuts as soon as this...
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Leading fashion brands earn over 245 million dollars in NFTs sales
Many are the brands that are foraging the Metaverse seeking for new revenue streams. Companies like Nike, Adidas or Tiffany’s...
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Stocks making the biggest moves midday: Carvana, Meta, Palantir, Viatris, Walgreens and more
Carvana shares shed 15.64%, with trading briefly halted at one point due to volatility. The sell-off comes after the used-car...
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Russia adds Meta to list of ‘terrorist and extremist’ groups
Russia’s financial monitoring agency, Rosfinmonitoring, has added US tech giant Meta Platforms Inc, the parent company of Instagram and Facebook,...
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How Google's immersive Street View offers a glimpse of the metaverse
Fifteen years after its launch, a Google Maps feature that lets people explore faraway places as though standing right there...
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Facebook parent Meta reportedly sets up new unit to plan paid features across its apps
Meta Platforms, the parent company of Facebook, is planning to add more paid features across its applications as it seeks...
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Puma makes big Web3 push as sports brands go all-in on the metaverse
Puma, up against tough competition in the metaverse from Nike and Adidas, has revealed the next stage in its Web3...
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Meta set to open first physical shop in US in metaverse push
Meta Platforms is set to open its first physical shop where people can try out and buy virtual reality headsets...
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Why the metaverse may come sooner than later
The term “metaverse” may have been coined in the author Neal Stephenson's 1992 novel Snow Crash, but it received little...
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Facebook owner Meta takes action against cyber threats in some countries
Meta Platforms, which controls the world's biggest social networking site Facebook, took action to remove accounts that violated its policies...
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Australia sues Facebook owner Meta over scam ads
Australia announced Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be...
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Metaverse will entice a quarter of people to use it at least an hour daily by 2026
The metaverse, the emerging digital space using the convergence of virtually-enhanced physical and digital reality, will be utilised by a...
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Meta moves to tackle creepy behaviour in virtual reality
Meta has announced a new feature to allow more personal space for people's avatars in virtual-reality worlds. The metaverse is...
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Meta shares plummet 20% after posting rare profit decline
Facebook rattled investors on Wednesday by posting a rare profit decline, driven by the company's heavy spending on its vision...
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Demand for metaverse-related jobs rises as digital economy thrives
The metaverse – the new digital space that allows those in it to communicate and move using three-dimensional avatars or...
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Plenty of pitfalls await Zuckerberg's 'metaverse' plan
When Mark Zuckerberg announced ambitious plans to build the "metaverse” — a virtual reality construct intended to supplant the internet,...