Meta Remains Committed to the Metaverse, Mark Zuckerberg Says

The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon.

196 +

FTX CEO dissects Mark Zuckerberg’s intent to pump $10B/year into Meta

Zuckerberg’s $100 billion Metaverse experiment first raised eyebrows when the CEO released the avatar for Meta’s Horizon Worlds VR platform.

126 +

Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?

Meta's Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren't happy with the company's oversized investment in metaverse technology.

268 +

Meta Reports A $3.67 Billion Loss In Its Metaverse Division, Signaling More Problems For The Company

Meta’s problems continue as it records a $3. 67 billion loss in the third quarter of 2022.   Mark Zuckerberg remains optimistic about the prospects of the company, saying it has a “strong impact on the future”.

183 +

Shareholder wants Meta to Reduce Funding on their Metaverse Projects

Brad Gerstner, the CEO of Altimeter, has written an open letter to Mark Zuckerberg proposing the reduction of the investment pumped into the metaverse reality lab projects.

178 +

Mark Zuckerberg Reiterates Meta’s Plan For An Open Interoperable Metaverse – Here’s How

Meta’s co-founder Mark Zuckerberg insists that the company will not build its metaverse alone but strike partnerships with DeFi platforms. The metaverse will integrate NFT collectibles and other digital assets built on public blockchains like Ethereum and Solana.

212 +

Цукерберг представил новое видение метавселенной и супернавороченную гарнитуру виртуальной реальности

Генеральный директор компании Meta* Platforms Марк Цукерберг (Mark Zuckerberg) в рамках мероприятия Meta Connect 2022 рассказал о нашем цифровом будущем. Компания по-прежнему сосредоточена на создании собственной метавселенной и обещает, что будет круто (но ей уже мало кто верит).

199 +

U.S. Senators Ask Zuckerberg About Crypto Scams on Meta Apps

Meta CEO Mark Zuckerberg would need to explain how the social media platforms owned by the company are fighting crypto scams after some Democratic senators raised the issue. The post U. S.

197 +

US lawmakers warn that Facebook, Instagram are ‘becoming breeding ground’ for crypto scams

United States Senators have called on Meta CEO Mark Zuckerberg to detail policies his company is using to address the rising cases of crypto scams on Facebook and Instagram, The Washington Post reported on September 9.

211 +

US Senators Press Meta Platforms CEO Mark Zuckerberg to Combat Crypto Scams

An FTC study shows 49% of crypto-related frauds originated on social media, say six members of the Senate Banking Committee.

217 +

Zuckerberg Mocked for Horizon Worlds’ Metaverse Graphics

Meta’s new Horizon Worlds metaverse game that launched in Paris and Spain this week has drawn criticism for its primitive graphics. The post Zuckerberg Mocked for Horizon Worlds’ Metaverse Graphics appeared first on BeInCrypto.

212 +

Ethereum’s Buterin Reveals Sobering Outlook For Corporate Metaverse Dreams

In somewhat startling news, Ethereum’s co-founder Vitalik Buterin has said that it is his assumption that corporate endeavors to build the metaverse will not succeed. This was aimed at companies like Mark Zuckerberg’s Meta, which has pivoted from Facebook to building the metaverse.

220 +

Meta’s NFT expansion begins with Instagram NFT integration

Mark Zuckerberg’s company, Meta, has begun its non-fungible token expansion across 100 countries in… The post Meta’s NFT expansion begins with Instagram NFT integration appeared first on CoinJournal.

276 +

Meta enables Instagram NFT integration in over 100 countries

Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.

250 +

Why Meta Will Expand NFT Support To Over 100 Countries

Meta CEO and Facebook Co-Founder Mark Zuckerberg announced the expansion of their non-fungible token (NFT) features for Instagram. Deployed on May 10, 2022, this enables users to showcase their digital collectibles on the social media.

203 +

Meta Confirms NFT Rollout Across 100 Countries Amid Coinbase Integration

Meta (META) CEO Mark Zuckerberg has confirmed the rollout of digital collectibles across 100 countries.

202 +

Zuckerberg Optimistic Metaverse Will Pick Despite $2B+ Quarterly Losses

Meta co-founder Mark Zuckerberg has expressed his confidence and defended the company’s metaverse investments despite the division recording a whopping $2. 8 billion in operating losses in the second quarter earnings reported in yesterday’s earnings conference.

195 +

META: NFT Integration Tests on Facebook Have Started!

It has been a long wait for Facebook to start NFT integration tests. Since the company’s transition to Meta, Zuckerberg is now at the forefront of NFT integration. Not too long ago, integrating NFTs on Instagram became a reality.

251 +

Meta signals closure of Novi wallet after a 10-month pilot

Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook.

274 +

Meta Initiates NFT Augmented Reality On Instagram Stories and Launches Meta Pay

Mark Zuckerberg has recently integrated NFTs into Instagram stories through Spark AR (augmented reality) allowing creators and users alike to encompass their digital NFTs into their stories bringing to life a new lease of reality within the realms of Meta.

281 +

Mark Zuckerberg sees the metaverse as a ‘massive economy’ with a billion+ people by 2030

Mark Zuckerberg, the CEO of Meta Platforms (META), says his company has its eyes on further business expansion targeting the metaverse. The company, which has billions of users across its family of social media arms – Facebook, Instagram and Whatsapp – has plans to have similar numbers explore the metaverse.

256 +

Meta will grow to billions of people spending hundreds, Zuckerberg says

Meta‘s CEO Mark Zuckerberg recently told CNBC that he hoped Meta to reach billions of people who spend hundreds of dollars each to express themselves or decorate their surroundings. The post Meta will grow to billions of people spending hundreds, Zuckerberg says appeared first on CryptoSlate.

193 +

Mark Zuckerberg Launches Meta Pay, the Digital Wallet for the Metaverse

Meta has rebranded its Facebook Pay digital wallet as Meta Pay, calling the change the "first step" toward the company creating a wallet for its version of the metaverse. The post Mark Zuckerberg Launches Meta Pay, the Digital Wallet for the Metaverse appeared first on BeInCrypto.

330 +

Metaverse will lose ‘significant’ money in the short term: Mark Zuckerberg

According to CEO Mark Zuckerberg, Meta's metaverse move will result in a "substantial" loss in the short run. During a shareholders' meeting on 26 May, he went on to say that this will be profitable iThe post Metaverse will lose ‘significant’ money in the short term: Mark Zuckerberg appeared first on AMBCrypto.

324 +

Metaverse Will Result in ‘Significant’ Loss in the Short Term: Mark Zuckerberg

Meta CEO Mark Zuckerberg said that the company is expected to lose a significant amount of money on the metaverse in the short term. The post Metaverse Will Result in ‘Significant’ Loss in the Short Term: Mark Zuckerberg appeared first on BeInCrypto.

87 +

Instagram To Begin Testing NFTs This Week

Instagram is making preparations to accept non-fungible tokens (NFTs). Meta CEO Mark Zuckerberg announced in a Facebook video that the network will begin testing the introduction of “digital collectibles” this week.

196 +

Meta Confirms Instagram Will Start Testing NFTs This Week

Mark Zuckerberg has confirmed Meta's long-rumored NFT plans

195 +

Meta will test digital collectibles on Instagram starting this week

According to Mark Zuckerberg, Meta was planning to “bring similar functionality to Facebook soon” and working on “augmented reality NFTs” for Instagram as well.

98 +

Mark Zuckerberg Says Instagram Will Test NFTs Starting This Week

Meta is also working on 3D augmented reality NFTs that will be compatible with Instagram stories.

325 +

Meta Still Bullish on Metaverse Despite Dull Q1 Financials

Meta’s Q1 20011 quarterly report shows that the company’s growth is not as bright as it would like to be. However, CEO Mark Zuckerberg had a lot to say about the metaverse and that the company is confident about its long-term goals.

241 +

Mark Zuckerberg to Investors: Expect Nothing From the Metaverse

In downplaying the near-term promise of Horizon Worlds and Oculus, the former Facebook seemed to confirm that its Meta rebrand was a strategic distraction.

198 +

Meta Is Testing A New Digital Economy In Horizon Worlds — As Company Loses $10 Billion In The VR Market

Mark Zuckerberg, chief executive of Meta, revealed that the company is experimenting monetization for the Horizon Worlds virtual reality app in order to enable developers to generate income. While the new virtual reality game is now only available to a select set of creators, it represents an essential next step in the company’s long-term strategy […]

200 +

Instagram ready to adopt NFTs

Mark Zuckerberg, CEO of Meta, confirmed during an event that Instagram has made considerable progress on its quest to make its NFTs debut. Meta: Instagram and the Metaverse Meta, the company behind Instagram and other fantastic social media platforms, is ready to help you mint in the metaverse.

275 +

Mark Zuckerberg Confirms Instagram Will Soon Open The Door To NFTs

Meta chief executive Mark Zuckerberg has confirmed that non-fungible tokens (NFTs) will soon be coming to the picture and video sharing app in the near future.

100 +

Mark Zuckerberg says NFTs will be integrated into Instagram

The CEO of Meta, Mark Zuckerberg, has confirmed that non-fungible tokens (NFTs) will soon be integrated on Instagram. However, the CEO did not confirm when this would happen but noted it would be “in the near term.

183 +

Instagram is adding NFTs soon says Mark Zuckerberg

“We’re working on bringing NFTs to Instagram in the near term,” the Meta CEO stated, adding that he hopes NFT minting will be available in the coming months.

211 +

Mark Zuckerberg Says NFTs Are Coming Soon to Instagram

The Meta CEO’s comments at South by Southwest confirmed earlier reports that Instagram was preparing to make such a move.

215 +

Mark Zuckerberg’s Sister Sings to Crypto

228 +

Meta CEO Dives Deep Into The Metaverse With AI Language Translator – Will It Attract People?

Meta CEO Mark Zuckerberg recently demonstrated another technology that he believes would be critical to the company’s ambition of creating sensory experiences: a universal language translator. Meta, which is owned by Facebook, is conducting research into artificial intelligence in order to create worlds through speech, revolutionize how people communicate with voice assistants, and translate between languages. […]

308 +

Mark Zuckerberg expresses confidence in the metaverse

Meta, Facebook’s parent company, still believes in its metaverse plan. The social media giant has reported a loss of over $10 billion during its first ventures into the metaverse. The loss was reported during Facebook’s recent earnings call.

129 +

Mark Zuckerberg’s stablecoin project Diem officially shuts down

Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.

106 +

Mark Zuckerberg And Co. Consider Selling Diem / Libra, Their Stablecoin Project

Another one bites the dust. The Diem project is dead, according to Bloomberg. The report comes from anonymous sources and does its best not to assure anything. However, considering the project’s head David Marcus left the company two months ago and Diem’s convoluted history, it’s not hard to believe.

203 +

Meta’s Stablecoin Project Diem Reportedly Looking to Sell Off All Assets

Diem, the ambitious stablecoin project launched by Meta – previously known as Facebook – is reportedly considering shuttering its business, Bloomberg reports, January 26, 2022. A Mum End to Diem? Mark Zuckerberg’s Meta is considering selling all of Diem’s assets and returning the capital to investors.

249 +

Carpe diem: Facebook’s Meta Is Selling Off Its Diem Plans

Diem may be finally packing its bags and shutting down. The Mark Zuckerberg initiative hit the rocks after the US Fed decided projects like Diem are too risky to be left without government control. A sell-off of all assets to pay back investors may follow and Zuckerberg is looking for buyers. A lofty five-year-old dream […]

248 +

Carpe diem: Facebook’s Meta Is Reportedly Selling Off Its Diem Plans

Diem may be finally packing its bags and shutting down. The Mark Zuckerberg initiative hit the rocks after the US Fed decided projects like Diem are too risky to be left without government control. A sell-off of all assets to pay back investors may follow and Zuckerberg is looking for buyers. A lofty five-year-old dream […]

122 +

Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.

246 +

Facebook Is Slowly Stepping Back Into The Cryptoverse Following Its Meta Rebranding

Facebook CEO Mark Zuckerberg recently announced the platform’s rebranding to Meta. Since then, there’s a new logo in place, and it has already been highlighted across all other Facebook-owned apps like Instagram and Whatsapp.

231 +

A letter to Zuckerberg: The Metaverse is not what you think it is

Facebook changing its name to Meta will likely have a huge repercussion on the narrative of the metaverse as a whole.

129 +

Mark Zuckerberg’s Idea Of The Metaverse Is Receiving Endless Criticism — Here’s Why

Facebook recently rebranded to “Meta”, updating its logo to an infinite loop in a move that will see the company shift focus from social media to the metaverse. Mark Zuckerberg, Meta’s CEO also disclosed that, unlike previous times which have seen users peer through small screens, Meta is focused on bringing a virtual experience parallel […]

262 +