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Meta
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3
Meta Platforms (FB) reported lower-than-expected third quarter revenue of just $285 million for its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. "The Hash" panel discusses what this means for Meta and its metaverse ambitions.
Meta Misses Q3 Revenue Estimate for Metaverse Divison
Facebook's parent company Meta misses revenue estimate for its metaverse division in Q3. Eaglebrook Advisors' Joe Orsini says "it's company specific" and isn't a real headwind to the metaverse in general. Plus, his take on real applications of the metaverse.
Deepak Chopra on Meta's Metaverse: 'The Giants May Not Survive'
Seva.Love co-founder and wellness expert Deepak Chopra comments on Meta's metaverse following the company's latest earnings report. "The big guys become the dinosaurs," he says. He's joined by Seva.Love Co-Founder and CEO Poonacha Machaiah.
Bitcoin Above $20K as GDP Increased at 2.6% Annual Rate in Q3
Bitcoin (BTC) is holding its ground above $20,000 as U.S. GDP accelerated at an annual rate of 2.6% in the third quarter. Eaglebrook Advisors Vice President of Research Joe Orsini joins “First Mover” to discuss his crypto outlook as the economy sees positive growth. Plus, insights on Meta's loss in revenue.
Deepak Chopra on Mindfulness in the Metaverse
Seva.Love co-founder and wellness expert Deepak Chopra, along with Seva.Love Co-Founder and CEO Poonacha Machaiah, shares insights into launching "Chopraverse," a new platform that encourages a culture of wellbeing in the virtual world. Plus, reactions to Facebook parent Meta and celebrity crypto endorsements.
Blockchain Established by Former Meta Employees Off to a Slow Start
Aptos, a new layer 1 blockchain established by former Meta (META) employees that promised extremely fast transaction speeds, isn't living up to those brisk expectations on its first day. "The Hash" panel discusses the launch of Aptos and the outlook for base layers during a bear market.
Meta’s Horizon Worlds Falling Short of Internal User Goals: WSJ
Facebook's parent company Meta is failing to keep users and internal performance goals on its flagship virtual reality (VR) "Horizon Worlds" platform, according to The Wall Street Journal. "The Hash" hosts discuss the key takeaways and the outlook for Meta's metaverse efforts.
Meta's Instagram, Facebook Launches NFT Sharing to All US Users
Non-fungible token (NFT) sharing is now open to all Instagram and Facebook users in the U.S., parent company Meta announced Thursday. This comes as CEO Mark Zuckerberg says Meta will reduce staff and pause hiring to cut costs. "The Hash" hosts discuss the significance and industry implications of the tech giant's latest announcements.
Rep Himes: ‘Notable Momentum’ in Washington on Crypto Regulation
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from his recent interview with Rep. Jim Himes (D-Conn.) about his reaction to the White House's framework for digital assets. Plus, why Meta CEO Mark Zuckerberg's introduction of his Libra crypto project to Congress was "catastrophic."
Zuckerberg’s Horizon Worlds Teaser Lacks Creativity: Sandbox Co-Founder
Sandbox Co-Founder Sebastien Borget reacts to Mark Zuckerberg’s announcement of a new Horizon Worlds release in France and Spain, where the Meta CEO was mocked online for posting a screenshot of his digital avatar standing in front of the Eiffel Tower. Borget adds, “it seems he doesn’t make anyone dream about possibilities” for the metaverse.