metaverse

Meta is the new name for social media platform company Facebook Inc (NASDAQ: FB). The name change comes as the company bets on the growth of the metaverse and augmented and virtual reality becoming more mainstream in the future. An analyst is calling out a name to watch as a winner in the space on...

In a highly anticipated move, Facebook, Inc. (NASDAQ: FB) announced its new name and a new stock symbol Thursday at its Facebook Connect event. The new stock ticker and name could change one of the most well-known investing acronyms of big tech stocks. What Happened: The acronym FAANG was coined by...

Social media giant Facebook Inc.’s (NASDAQ: FB) name change to Meta is a clear strategic shift and a “big deal,” according to Loup Ventures' Gene Munster.  What Happened: “I think it is strategic. It surprised me that they’re going this hard after it...

Augmented reality and virtual reality are terms that have been around for years and several publicly traded companies have built entire business lines around the growth concepts. Facebook Inc (NASDAQ: FB) announced a rebrand to Meta as it bets fully on the growth of the metaverse. AR and VR stocks...

Facebook Inc (NASDAQ: FB) announced recently it would be getting a new name to better coincide with the company’s vision of betting big on the metaverse. On Thursday, the company shared its new name and announced plans to change its stock symbol. What Happened: Facebook Inc will change its...

GameStop Corp. (NYSE: GME) is betting on cryptocurrency even more, as revealed by a recent job listing suggesting that the firm is looking to join Facebook Inc. (NASDAQ: FB) in developing the metaverse. What Happened: GameStop recently filed a LinkedIn job listing that says the firm is looking...

Facebook Inc (NASDAQ: FB) is planning a rebrand, which could be announced as early as Oct. 28, The Verge reported Tuesday. What Happened: The company’s new name would be centered around its focus on building the metaverse, people familiar with the matter told the Verge. Facebook CEO Mark...

Social media giant Facebook Inc. (NASDAQ: FB) made an announcement about two projects, one of which many had thought been put on hold indefinitely. What Happened: According to a Tuesday Cointelegraph report, a Facebook spokesperson confirmed the company has not...

Facebook Inc (NASDAQ: FB) said on Sunday it would be creating 10,000 new jobs in the European Union over the next five years. What Happened: The social media company said the new hirings are aimed at building "the metaverse," — a reference to shared online experiences...

Online gaming platform Roblox Corp (NYSE: RBLX) is expanding its reach as not just a gaming company but as a large entertainment ecosystem with a push into the music space. What Happened: Roblox announced Roblox Listening Party, a new initiative to expand music into the metaverse. “With...

Fox has been no stranger to testing reality shows or singing competitions. The latest from the broadcast network could bridge the metaverse to a reality competition and offers a unique opportunity for singers looking to hit it big. What Happened: A new reality show from Fox Corp (NASDAQ: FOX)...

Interest in Ethereum (CRYPTO: ETH) has increased thanks to the rise of NFTs and the lower price compared to Bitcoin (CRYPTO: BTC), TradeStation’s James Putra told Benzinga. Growing Interest: After a January that was “out of this world,” TradeStation is still seeing continued...

Facebook has been rumored to be working on smart glasses since 2019. The company announced updated plans on the long-rumored growth item during its earnings call this week. What Happened: Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg confirmed on its earnings call its next product release will be...

Earlier this month, Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg told employees the company would put new emphasis on growing the metaverse. "In the coming years, I expect people will transition from seeing us primarily as a social media company to seeing us as a metaverse company,”...

While the pandemic accelerated awareness and adoption of Roblox Corp.’s (NYSE: RBLX) online game platform, the company could face challenges ahead, according to Benchmark. The Roblox Analyst: Mike Hickey initiated coverage of Roblox with a Sell rating and a price target of $75. The Roblox...