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META

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet
Meta

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet

OMA3 has established working groups to start developing standards between metaverse platforms

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
Meta

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.

Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta

Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B

Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.

Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook
Meta

Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook

Meta, the parent company of Facebook and Instagram, announced that everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectables.

Meta Users Can Now Post Digital Collectables on Instagram and Facebook
Meta

Meta Users Can Now Post Digital Collectables on Instagram and Facebook

Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps - Instagram and Facebook.

Alchemy Snaps Up ChainShot as its First Acquisition
Meta

Alchemy Snaps Up ChainShot as its First Acquisition

Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings.

Meta Hires Keke Palmer to Help Demystify Metaverse
Meta

Meta Hires Keke Palmer to Help Demystify Metaverse

American tech giant Meta Platforms Inc hired Hollywood actress Keke Palmer to help drive the metaverse concept to the general public.

Meta Partners with Digital Brand DressX for New Avatar Store
Meta

Meta Partners with Digital Brand DressX for New Avatar Store

Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.

Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Meta

Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B

Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion. Reportedly, the company is seeking at least $200 million in funding.

ByteDance Taking a Deep Dive into the Metaverse
Meta

ByteDance Taking a Deep Dive into the Metaverse

TikTok’s parent company, ByteDance is making moves to escalate its influence on this nascent ecosystem - metaverse - in the East.

Meta Plans to Introduce Virtual Tokens: FT
Meta

Meta Plans to Introduce Virtual Tokens: FT

Meta is planning to introduce virtual tokens and cryptocurrencies, aiming to use these digital assets for rewarding creators and other financial services, the Financial Times reported.

ACC Sues Meta Alleging Scam Crypto Ads
Meta

ACC Sues Meta Alleging Scam Crypto Ads

Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.

Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms
Meta

Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms

Meta CEO Mark Zuckerberg said Meta will add NFTs to its video and photo social app Instagram in the coming months.

Tencent to Offer Metaverse Business Support in Japan before Feb
Meta

Tencent to Offer Metaverse Business Support in Japan before Feb

Tencent reportedly will launch services for supporting the virtual space "Metaverse" business to Japanese companies before February.

Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms
Meta

Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms

Meta is reported to be building the world's fastest artificial intelligence supercomputer as part of the plans to build a virtual metaverse.

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