Search results for "META"

Payment Card Technology Revenue to Exceed $11.7 Billion Globally in 2026, with Metal & Biometric Cards Driving Change

Hampshire, UK – 28th February 2022: A new study from Juniper Research has found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20 percent increase reflects new innovations emerging in the payment cards space while the contactless cards roll-out is reaching its latter stages. The […]

Meta to Develop ‘AI-driven Universal Speech Translator’

Meta Properties chief executive officer (CEO) Mark Zuckerberg held on Wednesday a comprehensive presentation with the company’s Artificial Intelligence (AI) team to address its future endeavors in “Building the Metaverse with AI.” Presented on the company’s official Facebook page, Meta’s AI Lab proposition highlighted how “through the power of artificial intelligence, we will enable a […]

Hexagon is Building the Immersal Metaverse - Spatial Mapping

Hexagon has approximately 22,000 employees in 50 countries and net sales of approximately 4.3B EUR. Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications. Back in 2021, Hexagon AB has acquired Immersal Oy, an innovator […]

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. […]

Brooklyn Nets to Become the First NBA Team to Join the Metaverse

NBA franchise, the Brooklyn Nets, filled three distinctive applications with the United States Patent and Trademark Office for the trademark “Netaverse” to deliver an emerging viewing experience for sports enthusiasts. “We had an idea of a roadmap that we wanted to incorporate and build on over the first 12, 18 months,” said senior director of […]

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 […]

How the Metaverse will Alter the World’s Direction 

Let’s picture a scene. You wake up, go through your morning routine, and get ready for work. You are not dressing up for show, but for comfort, and when the meeting or class has started, you slip on some glasses and noise-canceling headphones and dive in.   Billions are being thrown into creating the Metaverse. Tech giants […]

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 […]

How to Invest in the Metaverse

In previous articles, we covered what the metaverse is. It is the future of the digital world – a blockchain-based internet owned by everyone in a sense. Still, some will inevitably find wealth while others will let the opportunity slip or end up taking the short stick, and so many are wondering how to invest […]

Meta's Shock Share Price Drop Shakes World Tech

Shares in Facebook owner Meta fell 20 percent in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast, blaming Apple’s privacy changes and increased competition. The shock drop, which comes before Amazon earnings later in the day, spilled over to Europe where technology led sectoral fallers with a decline of […]