metaverse

Meta Platforms, Inc. (NASDAQ:META) reported its third-quarter results after Wednesday's closing bell, beating analysts' expectations on the top and bottom lines while indicating higher capital spend to come. Analyst reactions are pouring in.  The Meta Analysts: Bank of America Securities analyst...

NetVRk, a cross-platform metaverse focused on AI and GameFi, on Tuesday announced the launch of the alpha version of its AI-powered metaverse. This release integrates advanced language models and emotional intelligence, allowing users to interact with non-playable characters (NPCs) that possess...

The recent Meta Connect 2024 event, which highlighted a mix of new products and technology advancements from Meta Platforms (NASDAQ:META), may prove to be justification that the company's bets on the metaverse will soon pay off. What Happened: At the 2024 Meta Connect, Meta CEO Mark Zuckerberg...

Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg's shirt may have stolen part of the show during Wednesday's Meta Connect event, which highlighted new products and the growth of artificial intelligence, augmented reality, and metaverse ambitions. What Happened: Zuckerberg has become known for his...

Meta Platforms Inc (NASDAQ:META)’s annual developer conference kicked off Wednesday with a slew of new product announcements from the Facebook parent’s California headquarters. What To Know: The Meta Connect 2024 event got started with a keynote address from CEO Mark Zuckerberg, who...

A letter from Mark Zuckerberg to the House Judiciary Committee has gone viral with the social media company founder and executive admitting to pressure from the government to censor certain content on Facebook. While the latest news could spell trouble for the role that social media platforms like...

One of the most anticipated speakers at Benzinga’s 2024 Future of Digital Assets event is Kim Currier, head of marketing and partnerships at the Decentraland Foundation. Through her leadership at Decentraland, a pioneering platform in the Metaverse, Currier has made momentous contributions...

Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in...

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin shed light on the misconceived notion of the Metaverse during his appearance at the BUIDL Asia conference in Seoul.  What Happened: He said that the current understanding of the Metaverse, as a vast virtual space with immersive experiences...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has reaffirmed his commitment to the metaverse despite the current AI hype. What Happened: In an interview with the Morning Brew Daily podcast last week, Zuckerberg addressed the apparent overshadowing of the metaverse by AI. The podcaster...

CEO of Meta Platforms Inc (NASDAQ:META), Mark Zuckerberg, instigated changes in his PR team following widespread ridicule of his metaverse avatar, reveals a recent report. What Happened: Zuckerberg took offense when his metaverse avatar, derided for its low-quality design, was mocked...

In a significant move in the gaming industry, SoftBank-backed Improbable, a British metaverse company, has divested its gaming subsidiary, The Multiplayer Group (MPG), to the Ireland-based video game developer, Keywords Studios, for $97 million. The deal was sealed on Sunday, as reported by CNBC....

Bim Afolami has been assigned as the new economic secretary to the Treasury in the United Kingdom, a position that involves overseeing policies related to cryptocurrencies and central bank digital currencies (CBDCs). This appointment was part of a recent cabinet reshuffle by Prime Minister Rishi...

SC Ventures, the venture capital arm of Standard Chartered, is partnering with Japanese conglomerate SBI Holdings to establish a digital asset joint venture investment company in the United Arab Emirates (UAE). The joint venture, which will be capitalized with $100 million, aims to invest in...

The year 2023 has had its share of themes and innovations, but perhaps none have been as impactful as the rise of artificial intelligence. The choice of “AI” as the word of the year by a leading dictionary is unsurprising to many, given its enduring relevance. What Happened: Much like...