metaverse

One of the most-followed football (soccer) clubs around the world is launching its first non-fungible tokens. Here are the early details on the upcoming launch. What Happened: Soccer powerhouse Manchester United (NYSE: MANU) is launching non-fungible tokens, joining the number of sports teams and...

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to cut costs. Even after Wednesday's rally, Meta shares are down 69.7% overall year-to-date, and some employees have begun questioning CEO Mark...

Mark Zuckerberg, the CEO of Meta Platforms Inc (NASDAQ:META), said he was accountable for missteps at the social media giant as the company announced the mass firing of thousands of employees on Wednesday. What Happened: Zuckerberg interacted with hundreds of Meta employees on Tuesday and was...

Meta Platforms Inc. (NASDAQ: META) rumored job cuts will be publicly disclosed on Wednesday, and Loup Funds’ Gene Munster offered his take on how effective the eliminations will be in helping the company get back on track. What Happened: Meta is likely to reduce 10% of its headcount,...

Palantir Technologies Inc (NYSE:PLTR) CEO Alexander Karp said at the company's third-quarter earnings call that the Peter Thiel-founded firm has been forecasting an even more challenging macro environment than the one prevailing for the last two decades. Why It Matters: Karp said, "We’ve...

NBA superstar Steph Curry has been one of the top players in the National Basketball Association since being drafted in 2009. Curry has landed key sponsorship and endorsement deals and also launched his own SC30 company that has investments and key partnerships. Here’s a look at what could be...

The blockchain gaming industry has exploded tremendously. According to a special CoinDesk report, the emerging space has experienced a 2,000% surge in valuation and users since the first quarter of 2021. While we've witnessed unprecedented growth, the market is relatively problem-plagued, with...

Facebook and Instagram parent company Meta Platforms Inc (NASDAQ: META) plummeted 24% on Thursday to its lowest price since 2016. Investors weren't impressed by Meta's third-quarter earnings miss and weak fourth-quarter guidance — but Meta has been a home run trade for short...

Meta Platforms Inc. (NASDAQ: META) shares ended Thursday’s session down about 24.6% after the social media giant reported mixed quarterly results and issued weak guidance. More importantly, the company’s determined move to increase investments in the still-hazy metaverse was met with...

Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...

Nvidia Corporation (NASDAQ: NVDA) was popping almost 5% in the premarket Thursday after Meta Platforms, Inc (NASDAQ: META) increased its capital expenditures outlook for 2023. In its third-quarter earnings report, Meta guided next years’ capex to come in between $34 billion and $39 billion as...

Meta 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: ...

Social 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...

Sign up for this week’s All Access giveaway here!  Batis Samadian, Founder & CEO, and Felix Mago, Co-Founder & Head of Crypto of SPACE Metaverse, were guests on Benzinga’s All Access on October 21, 2022. SPACE is a 3d digital platform that connects merchants with...

Meta Platforms Inc.'s (NASDAQ: META) ex-employee and Oculus founder Palmer Luckey has compared Mark Zuckerberg's Metaverse to a "project car."  What Happened: On Monday, during The Wall Street Journal conference Tech Live, Luckey made some explosive remarks about Horizon...