Mark Zuckerberg News
27.10 / 13:57
Facebook
Progressive
WSJ
reports
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs (FRL) division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
27.10 / 05:39
business
Facebook
Metaverse
Metaverse losses top $3.6B for Meta with spending set to increase
Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs with a $3.67 billion loss posted for the third quarter of 2022, stating those losses will further deepen next year.
25.10 / 06:33
business
Facebook
Blockchain
Adoption
Meta Ceo
Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says
A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant's investment into the Metaverse as “super-sized and terrifying.”
18.10 / 02:59
Facebook
Technology
Social Media
Tech
Facebook is on a quest to destroy Web3
The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark.
17.10 / 15:09
Facebook
Technology
Adoption
virtual reality
Future
Quest Pro VR headset raises privacy concerns for Meta’s future in metaverse
Meta, the parent company of Facebook and Instagram, announced its latest virtual reality (VR) headset at the Meta Connect 2022 event on Oct. 11. The company introduced new features to enhance digital avatars, which raised privacy concerns regarding data collection.
03.10 / 20:15
Facebook
Twitter
Digital
All Facebook and Instagram Users in the U.S. Can Now Display Their NFTs
A long-awaited digital collectible feature has finally arrived on Instagram after parent company Meta announced last week that its non-fungible tokens (NFTs) would be available to millions of U.S. users. The new feature lets Facebook and Instagram users connect their cryptocurrency wallets to their accounts and show off their NFTs. Meta also announced NFT support on Instagram for 100 different countries.
28.09 / 19:19
AXY
Platform
Decentraland
Infinity
9 Best Metaverse NFT Projects to Invest in 2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
22.09 / 16:15
business
Facebook
Art
Gaming
AIM
Accessibility
NOT
Metaverse graphics aim for community and accessibility — Not realism
Some may argue that the Metaverse has been around for years, as demonstrated by early gaming platforms, yet virtual ecosystems are now being embraced by almost every industry. A recent report from consulting firm McKinsey & Company believes that the Metaverse has the potential to generate at least $5 billion in value by 2030. McKinsey also found that investments exceeding $120 billion have been put toward Metaverse platforms this year, indicating that major growth is underway.
14.09 / 22:47
Blockchain
NFT
Starbucks
Metaverse
Starbucks announces NFT experience: Nifty Newsletter, Sept. 7–13
In this week’s newsletter, read about how Sony Music Entertainment is preparing to venture into nonfungible tokens (NFTs). Check out how car manufacturer Ford is on the way to entering the Metaverse and how coffee chain Starbucks plans to launch NFT rewards through a program called Starbucks Odyssey.
13.09 / 09:39
Twitter
Indexes
NIFTY
Nifty News: Shitposters set for $DRAMA rewards, Zuck’s little league card tokenize and more…
Solana-based NFT project Outcast Academy has started dishing its newly launched $DRAMA tokens, rewarding the most popular shitposters on Twitter as nominated by the community.
11.09 / 11:37
Blockchain
FIVE
Florida govt warns against auto warranty scammers asking crypto payments
The Florida Department of Agriculture and Consumer Services (FDACS) issued a warning sharing insights into identifying robocall scam marketing auto warranties, which includes being asked to pay for the services via gift cards and cryptocurrencies.
09.09 / 20:23
Facebook
Social Media
Fraud
Meta Ceo
lawmakers
Crypto scams
US lawmakers
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud.
07.09 / 01:01
business
patents
Meta Ceo
Trademark applications for crypto, NFTs, and metaverse surge in 2022: Report
The number of U.S. trademarks filed related to cryptocurrencies, nonfungible tokens, Web3, and the metaverse since January have reportedly passed those in 2021.
01.09 / 00:19
Blockchain
Adoption
NFT
Ticketmaster selects Flow blockchain for minting NFT event tickets
According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation's subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used as proof of attendance at notable concerts.
24.08 / 17:49
Art
NFT
Artists
interview
Spatial digital art exhibitions to level up metaverse experiences
In Decentraland’s third annual Metaverse Art Week held on Aug. 24-28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art.
18.08 / 08:35
11.08 / 04:49
NFT
Metaverse
Instagram
Support
Experts thumbs up Meta's move to support NFTs on Instagram
Meta, formerly known as Facebook, has taken another step ahead towards the creation of metaverse. The company recently announced rolling out NFT support for instagram. Despite widespread mainstream skepticism toward NFTs and crypto space, the world's largest social media company intends doubling down on the technology.
10.08 / 12:11
09.08 / 01:49
business
Blockchain
Technology
MICRO
Trend Micro calls out vulnerabilities in metaverse security development
In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years.
04.08 / 21:13
markets
Instagram
Meta Ceo
Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram's nonfungible token (NFT) features.
04.08 / 20:25
business
Blockchain
Technology
Adoption
Meta enables Instagram NFT integration in over 100 countries
According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion across 100 countries in Africa, the Asia-Pacific, the Middle East and the Americas. This includes adding support for wallet connections with Coinbase Wallet and Dapper as well as the ability to post digital collectibles minted on the Flow blockchain. The initial rollout targets the popular social media app Instagram.
facts about Mark Zuckerberg
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