Meta Asks Policymakers to Set “Fair Rules” for Metaverse and Web3
In an attempt to influence digital policy, Meta has released a discussion paper asking policymakers to set “fair rules” for the metaverse.
Meta introduces Metaverse Experience in Africa
Meta, the parent company of Facebook, Instagram, and WhatsApp, has unveiled the first Metaverse experience in Africa during a mixed-reality concert in Lagos, Nigeria.
What Will the Metaverse Change?
What Will the Metaverse Change? The metaverse will change various aspects of our lives, from the way we consume content to how wo socialize …
Instagram to Add Support for NFTs
Social media platform Instagram will allow creators to mint and sell non-fungible tokens (NFTs) directly from the social media platform. In a Wednesday announcement, Meta said Instagram is developing an NFT minting and sale feature through its app. The upcoming “end-to-end toolkit” for NFTs will allow users to create and launch their own NFTs for sale through…
Meta Executives Say they Anticipate Operating Losses in 2023 to “Grow Significantly” as Zuckerberg Refuses to Cut Costs
Meta executives and the company’s CEO Mark Zuckerberg have reiterated their commitment to spending billions of dollars developing the metaverse amid investor concern about the health of his company’s online advertising business. On a call with analysts as part of Meta’s third-quarter earnings report, Zuckerberg and other Meta executives fielded a number of questions from analysts who…
Meta’s Flagship Metaverse Fails to Meet Goals Amid Dwindling User Interest
Meta’s flagship metaverse for consumers Horizon Worlds is falling short of goals, failing to meet internal performance expectations as user interest in the virtual world hits record low.