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You Searched For "meta metaverse" and got 20 results


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Zuck's GPU flex will cost Meta as much as $18 billion by the end of 2024

Mark Zuckerberg revealed Meta's AI goals, with an expected 600,000 GPUs, predominantly Nvidia's, to…

Kali Hays   


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3 mins read

Meta stock skyrockets 20% after earnings. Here's what Wall Street is saying.

"With a large capex budget, internal AI supercomputer, inhouse LLM and custom AI chips, we think Me…

Matthew Fox   


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Global Web 3 platforms launch Open Metaverse Alliance

Global Web 3 platforms have launched the Open Metaverse Alliance for Web 3 (OMA3) to solve the inte…

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Meta's CTO was asked whether the term 'metaverse' did more harm than good. He chuckled and compared it to the early confusion over the word 'internet.'

Meta's CTO, Andrew Bosworth, hosted a Q&A session on Instagram on Monday where he said the term "me…

Lakshmi Varanasi   


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4 mins read

Making sense of metaverse – a primer

We can go to the science fiction novel Snow Crash, which is commonly accepted as the origin of t…

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A company called Meta is suing Meta, accusing the tech giant of stealing its name for its metaverse rebrand

VR company MetaX — which goes by Meta in its branding — says confusion caused by Facebo…

Isobel Asher Hamilton   


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Mark Zuckerberg's Meta wants to burst Apple's blue bubbles: WhatsApp is coming for iMessage in the US

Mark Zuckerberg is coming for Apple's iMessage. Despite being used by billions, the Meta-owned mess…

Hasan Chowdhury   


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Meta spent billions to close offices and lay people off. Now we know why.

Mark Zuckerberg lost $16 billion on the Metaverse last year, but Meta investors are elated because …

Peter Kafka   


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Facebook is turning 20. Now Mark Zuckerberg is figuring out what comes next for Meta.

Mark Zuckerberg has been talking up his artificial general intelligence ambitions for Meta as Face…

Jyoti Mann   


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4 mins read

Meta employees are bracing for possible layoffs as growth slows and spending on the metaverse soars

Meta burned $4 billion on the metaverse this quarter and Mark Zuckerberg vowed Wednesday to spend b…

Avery Hartmans   


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Why Meta's shiny new dividend and whopping $50 billion buyback plan may divide investors

Mark Zuckerberg's Meta aims to please investors with dividends and buybacks, but the likes of Warre…

Theron Mohamed   


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Not even Mark Zuckerberg's beloved metaverse projects are safe from Meta's sweeping layoffs

Meta has pumped billions into Reality Labs, leading to huge losses. The division had 10,000-plus pe…

Grace Dean   


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Meta adds new features to Instagram for better parental controls along with supervision in the Metaverse

Currently, new parental control will be rolled out in the US and will arrive in other countrie…

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Democratic Senators urge Meta to halt launch of Metaverse app for teens, citing company's 'failure to protect' young users

Senators Ed Markey and Richard Blumenthal wrote a letter to Meta CEO Mark Zuckerberg calling him to…

Aidan Pollard   


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1 min read

Meta's metaverse division leaders are reportedly gathering for a summit that includes a meeting called 'Must Go Faster'

Leaders from Meta's metaverse division are reportedly scheduled to gather for a multi-day summit ne…

Lakshmi Varanasi   


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1 min read

Meta CEO Mark Zuckerberg says the metaverse is 'not the majority of what we're doing'

Zuckerberg said less than 20% of Meta's investments go toward its metaverse division, saying people…

Samantha Delouya,Britney Nguy…   


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Facebook’s revenue drops for the first time ever and may fall further in the future

Facebook has reported loss in revenue in the June quarter for the first time since going public in …

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3 mins read

Wall Street is pumped about the metaverse. But critics say it's massively overhyped and will be a regulatory minefield.

Holding work meetings in the metaverse is "the sort of thing only a computer scientist could love,"…

Harry Robertson   


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Meta starts testing NFTs as Facebook posts as part of Mark Zuckerberg's metaverse quest

Meta is trialing NFTs as Facebook posts with a small group of US creators despite NFT sales plungin…

Jyoti Mann   


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See inside Facebook's first ever physical retail location. Dubbed the Meta Store, it's designed to drum up interest in VR headsets and the metaverse.

Potential customers will get the chance to test out Facebook's hardware in person and in an environ…

Kali Hays