metaverse

Meta Platforms Inc (NASDAQ: META) has reported a $2.8 billion loss in its Reality Labs (RL) division in the second quarter. What Happened: In an earnings release on Wednesday, the company reported a $2.8 billion loss from the RL segment while recording an income of $11.2...

Semiconductor company Qualcomm Inc (NASDAQ: QCOM) reported third-quarter results after the market close Wednesday. Here are the key highlights and exclusive comments from Chief Financial Officer Akash Palkhiwala. What Happened: Qualcomm reported third-quarter revenue of $10.9 billion, up 37% year-...

By Eran Elhanani One day you won't be able to imagine a world without the metaverse, and that day is today. There will be no "before" or "after" the metaverse. Instead, the metaverse will seep into our daily lives as an inevitable evolution of progress. The forefront of...

Dubai looks to offer 40,000 virtual jobs, endeavoring to build a leading metaverse economy. What Happened: In a recent plan revealed by Sheikh Hamdan bin Mohammed, Dubai’s crown prince, it was stated that Dubai looks to offer 40,000 virtual jobs and multiply the blockchain companies existing...

Shiba Inu (CRYPTO: SHIB) has been making numerous strategic advances to enhance its ecosystems, including its Layer 2 Shibarium and its stablecoin set to release this year. What Happened: The famous meme coin Shiba Inu has grown by over 50,000,000% in the past 2 years. Witnessing an immense bull...

Sandbox (CRYPTO: SAND) invites you to visit the Playboy (NASDAQ: PLBY) "Metamansion." What Happened: A Playboy-themed immersive gaming experience is in the works, according to Ethereum (CRYPTO: ETH) based metaverse The Sandbox. Playboy’s land parcels, dubbed the ‘...

Innovative outdoor products company YETI Holdings Inc (NYSE: YETI) looks to be gearing up for a leap into the future of the internet after the company filed a Trademark Application with the United States Patent and Trademark Office (USPTO). According to the filing, Yeti has...

Meta Platforms Inc’s (NASDAQ: META) gains in subscriber growth and optimism that it can still grow users, revenue and cash flow well-positions the company to lead the ongoing evolution into the metaverse, according to Tigress Financial Partners. The Meta Analyst: Ivan Feinseth,...

Famous for high-end shopping and being the home to celebrities in the U.S., one city could have plans to grow its presence in the metaverse soon. What Happened: The city of Beverly Hills recently filed trademark applications for its name in several areas, as reported by trademark attorney Mike...

NFT platform Hypermint and NFT art curator NFTGrails on Tuesday announced a partnership to launch "Rags to Richie," New York-based street artist Alec Monopoly's NFT collection. The Rags To Richie NFTs: HyperMint, a new self-service platform from MoonPay, will serve as the minting...

Fuad Fatullaev, Co-founder and CEO of WeWay ‒ a Web3 ecosystem for bloggers, celebrities, and media personalities The NFT and metaverse technologies are changing rapidly today, attracting more and more brands to unique projects that hold the potential to forever change the future. We have already...

The newly formed metaverse, according to Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg, could be home to billions of users. What Happened: Zuckerberg met with CNBC's Jim Cramer to discuss this.  “By the end of the decade, we hope to basically get to...

BAYZ has announced its partnership with The Sandbox (CRYPTO: SAND) to fuel the metaverse sector in Brazil. What Happened: On June 21, Web3 game publisher BAYZ announced its partnership with The Sandbox, a gaming metaverse and a subsidiary of Animoca Brands. This partnership looks to grow...

McKinsey & Company, a global consulting firm, announced that they see the metaverse growing into a $5 trillion economy by the year 2030. What Happened: In a report released June 15 named ‘Value Creation in the Metaverse,’ McKinsey predicted the valuation. The firm provides...

Diana Biggs is chief strategy officer at Valour Inc. (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and digital assets. She recently spoke with Benzinga at Crypto Valley, a Zug, Switzerland-based event that took place on June 2 and June 3. Here's what...