Search results for "meta platforms"

Australian Watchdog Sues Facebook-Owner Meta Over Scam Advertisements

Australia’s competition watchdog filed a lawsuit against Facebook owner Meta Platforms on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people. The advertisements, which endorsed investment in cryptocurrency or money-making schemes, could have misled Facebook users into believing they were promoted by famous Australians, […]

Facebook Owner Meta Will Block Access to Russia's RT, Sputnik in EU

Meta Platforms Inc, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union, the company’s head of global affairs said on Monday. Nick Clegg said in a Twitter post that the social media company received requests from a number of governments and the […]

Cooperman, Lone Pine Among Funds that Dumped Meta Before Earnings Rout

Billionaire Leon Cooperman, hedge fund Lone Pine Capital, and mutual fund manager Polen Capital were among firms that greatly reduced their positions in Facebook-parent Meta Platforms Inc in the quarter that ended Dec. 31, potentially protecting them from some losses during the company’s record one-day plunge in Feb, according to securities filings released on Monday. […]

How to Buy Land in the Metaverse

Buying virtual land is a weird concept for many, and understandably so. How can pixels on a screen be worth thousands and sometimes millions of real-world fiat currency that can be used for real-world items. Well, it’s not that different from buying any digital piece given the value is in what people believe it lies […]

Facebook’s Metaverse: How Meta will Work in the Coming Decade

Many are having a hard time envisioning something as abstract and incorporeal – in the most literal sense – as the Metaverse. Is it a visual space or a collection of them? Is it only in virtual reality, or does it include other interfaces and technologies? Facebook, now Meta, want to stake their claim on […]

Blizzard: A Thread Leading Microsoft into the Metaverse

When Microsoft unveiled its plans to acquire gaming titan Activision Blizzard on January 19, the tech scene was swift away with one newsflash. A deal, if it came to fruition, could be commemorated in Microsoft’s history as the first stone that pathed its way into the Metaverse.  The $75 billion deal’s announcement was led by a 15-minute […]

Who Really Owns the Metaverse?

Make no mistake, the Metaverse is already here. It has been here for a while. No, it doesn’t look like what movies would have you believe, and it doesn’t involve people wearing headsets or augmented reality (AR) glasses at the office – yet – but it is here. Every time you see someone doing a […]

Why Metaverse Property is such a Big Deal to Companies

Metaverse property is basically an NFT. We cover what NFTs are in greater detail here, but essentially, they are unique, blockchain verified lines of code that represent a person’s ownership of something in a given blockchain. Most commonly, the Ethereum blockchain.    Behind the inflammatory headlines, exclamation marks, and the open mouth face clutching YouTube thumbnails, what is […]

The 4 Most Promising Metaverse Crypto Coins of 2022  

Many of today’s most commonly used tools and technologies, such as mobile phones, the cloud, or the internet itself, all started off as either a science fiction concept, or something seemingly useless to the average person, dismissed as a trend. Those supposed trends are the Metaverse, cryptocurrency, NFTs, and metaverse crypto coins.   An excellent way […]