Search results for "META"

Guardians of the Virtual Cosmic: Metaverse VS Multiverse

The world as we know it is being altered in the way humanity functions in ways we could not have fathomed ten years ago, and the Covid-19 pandemic played a critical role in altering the path the world is marching on. A new technological wave emerged in the past three years, and various tech companies […]

Meta Wars, Microsoft vs Meta: Who Will Come Out on Top?

The Meta vs Microsoft debate is that of both principle and the future of Metaverse technology. No doubt the Metaverse, as vague as the word is at the moment, can be seen by tech giants as a new world ripe for the taking. Two of the largest companies building the Metaverse are Meta, formerly Facebook, […]

Virtual Worlds Need Virtual Bodies: Digital Avatar in the Metaverse

By now you probably know, at least vaguely, what the Metaverse refers to. A persistent 3D world of 3D worlds interconnected via the internet, verified and established on the blockchain. Interacting on the blockchain means your identity is singular, unique, and unchangeable, except by you. So, in this virtual world, you will, of course, need […]

Wall Street Ends Sharply Higher, Lifted by Meta and Apple

Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]

EU sets new online rules for Google, Meta to curb illegal content

Alphabet unit Google, Meta and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong […]

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, […]

Meta to Hire 2,000 Staff for Spanish Hub for Regional Expansion

Facebook owner Meta Platform said on Tuesday it will hire 2,000 people over the next five years in Spain, where it will anchor its development plans for the region. The 2,000 employees will mainly staff the company’s first ‘lab’, a flexible base for its remote workers, in Madrid, Javier Olivan, Vice President Cross-Meta Products and […]

South Africa’s MTN Group Buys Land in the Metaverse

South African mobile telecom firm MTN Group Limited announced on Monday that it will be the first company to join the metaverse league by acquiring land in Africarare, unleashing African innovation, and connecting the continent to the global digital economy. In October 2021, Africarare marked its presence in South Africa as the continent’s first Virtual […]

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 […]