Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.
Start Regulating the Metaverse Now, Researchers Tell French Leaders
A team of researchers commissioned by the French government said leaders should avoid previous mistakes made with the EU’s crypto rules when regulating the metaverse.
Bank of America rebaja calificación de Meta a neutral en medio de su incursión en el metaverso
La inversión en el metaverso seguirá siendo una sobrecarga en la acción, dijo el informe.
Meta Downgraded by BofA to Neutral From Buy Partly on Metaverse Concerns
Investment in the metaverse will remain an overhang on the stock, the report said.
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 Platforms Follows Blockchain Firms in Joining Cryptographic Privacy Group MPC Alliance
The Facebook parent joins the likes of Bolt Labs, Ciphermode Labs and Partisia Blockchain in becoming a member of the group.
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.
First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging
Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.
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."