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The Latest Breaking News from metaverse

As Meta’s revenue decline accelerates, shares sink 14 percent

A weak holiday quarter forecast knocked about $40bn from Meta’s stock market value in extended trade.

Al Jazeera

Meta Platforms Investors Run From Q3 Earnings: Revenue Beat, EPS Miss, Daily Users Up, Costs Set To Climb In 2023

Social media platform and metaverse company Meta Platforms Inc (NASDAQ: META) reported third-quarter financial results after the market close Wednesday.

Benzinga

Meta Stock Tumbles After Q3 Earnings Miss; Sees 'Significantly' More Metaverse Losses

"While we face near-term challenges on revenue, the fundamentals are there for a return to stronger revenue growth," said CEO Mark Zuckerberg.

The Street

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Mark Zuckerberg Who? Meet Facebook's Competing Metaverse

Zuckerberg's version of the metaverse may be in a coma, but another metaverse continues to build quietly.

The Street

Mark Zuckerberg's Metaverse 'Doomed,' Says a Big Rival

Facebook has already lost $16 billion related to the metaverse, which is bad for the whole industry.

The Street

Buckle Up: What Alphabet Earnings Tell Us About Meta

After ad-revenue reversals from Snap and Alphabet, Meta is up to bat. If history repeats , this could be a powerful bearish trading opportunity.

The Street

Will GameStop Pull Out Its NFT Games? Are NFTs A Buy Now?

Is it possible to create uniqueness in the digital world?

Investors Business Daily

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Parmy Olson: Zuckerberg should focus on the midterms, not the metaverse

You have to hand it to Mark Zuckerberg. In the face of criticism about the radical strategic shift he has chosen for Facebook, he is stubbornly focused on turning it into a metaverse company. Other tech billionaires may lash out at dissent, but Zuckerberg remains stoic, tuning out the noise…

Tribune News Service

Off-grid breaks, VR holidays and retro trips - what travel will look like in 2023

24,000 travellers across 32 countries and territories have explained what type of holidays they will take next year

Wales Online

Is the metaverse really the future of work?

According to Mark Zuckerberg, the “metaverse” – which the Meta founder describes as “an embodied internet, where instead of just viewing content – you are in it” – will radically change our lives.

The Conversation

Cryptocurrency News And Price Weekly Wrap-Up For Oct. 21, 2022

Crypto News Weekly Wrap-Up: Jack Dorsey's decentralized social protocol; Tesla Bitcoin holdings; young investors turning to crypto; and more

Investors Business Daily

Lost in Roblox’s Fifa World – everything wrong with the metaverse in one place

This football-themed game is a ludicrous fantasy: a dystopian hyper-capitalist holiday park that illustrates how the virtual universe will really work

The Guardian - UK

TVS Motor Launches 2022 Raider In New Metaverse Domain

TVS launches its Motoverse Metaverse platform and rolls out the 2022 Raider 125 commuter with a new TFT display and Bluetooth connectivity.

RideApart

Don’t just replicate your business in the metaverse, build a world

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

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Tribune News Service

Nokia’s vision of the future is a world where the metaverse replaces smartphones

It’s hard to imagine a world untethered from your cellphone. Unless you work for Nokia.

Investors Business Daily

Crypto Will Be A Major Disrupter, Walmart CTO Says

Walmart's CTO says crypto will be a major disrupter for buying, finding products. The retail giant is expanding into the metaverse, NFTs.

Benzinga

Here's What Walmart's CTO Thinks About The Future Of Crypto

A lot of disruption is going to start happening in terms of different payment methods and options with cryptocurrencies playing an important role in how customers transact, according to Suresh Kumar, global chief technology officer at retail gi

Investors Business Daily

Adobe Adds AI, Collaboration, Metaverse Tools To Digital Media Products

Adobe on Tuesday announced new collaboration and artificial intelligence-powered features for its Creative Cloud applications.

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The Street

Nobody Has Ever Been Where This Conference is Being Held

An event takes shape to help bridge the digital and physical worlds.

Benzinga

Oscar Mayer Wienermobile Heads To The Metaverse Along With NFTs: Here Are The Details

“I wish I were an Oscar Mayer wiener, that is what I truly like to be.” If you’re one of the millions of people who grew up with this jingle or are aware of what the Wienermobile is, this news may excite you.

The Street

Big Short Michael Burry Says Facebook Is In Big Trouble

Legendary investor attacks social media giant's strategy.

The Street

"Big Short" Michael Burry Says Facebook Has a Big Problem

The list of critics and detractors of Mark Zuckerberg is growing day by day. There is, of course, the financial community, analysts and investors, who are merciless about Meta Platforms META, the entrepreneur's empire of social networks. Meta shares are down 62.3% since January, ...

The Conversation

Companies are increasingly tracking eye movements — but is it ethical?

When Facebook reinvented itself into Meta in October 2021, it was widely reported that Meta would be focusing on virtual reality (VR) by being at the forefront of the metaverse.

The Street

Zuckerberg Bet Big (and Maybe Got the Metaverse Very Wrong)

The Facebook founder put billions into a strategy that may not be what people want and he opened the door for an unlikely competitor.

Asharq Al-Awsat

Meta Working to Speed Up Metaverse, but Success Far from Certain

A year after rebranding itself from Facebook into Meta, the social network titan is striving to make the metaverse a routine part of daily life, offering users new features and promoting new virtual reality gear. But analysts say the company has toned down the hype a bit as it struggles…

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