Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by U.S. companies […]
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Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales. Shares of the Menlo Park, California-based company were down about 4.6 percent in extended trading. The company said it expects third-quarter revenue to fall to […]
What is GTE technology, and why are tech moguls betting big on it? GTE technology stands for Global Token Exchange. If you are remotely familiar with the potential of financial freedom that the advent of blockchain-enabled finance has to offer, then those words should give you goosebumps. Billionaires do not get to their level of […]
People are eagerly jumping on the Web 3 bandwagon and joining the online revolution that promises to transform the Internet as we know it. What is on everyone’s mind, given the ubiquitous enthusiasm and the potential profits that await early adopters, is how to invest in Web 3. Both investors and customers have great prospects […]
Over the past ten years, especially over the last three, the crypto sector has expanded from a tiny group of creators to a trillion-dollar worldwide business encompassing advanced technology, a wide range of applications, and millions of users. India is at the forefront of these changes. With a sizable portion of the population eager to […]
Facebook owner Meta Platforms Inc was hit with a trademark lawsuit in Manhattan federal court on Tuesday by MetaX LLC, a company that creates immersive virtual-reality experiences, for allegedly stealing its name for its pivot to the metaverse. New York-based MetaX told the court it had been “crushed” by Facebook’s rebrand and said its “ability […]
Since the beginnings of cryptocurrencies and blockchain technology, one of the most unexpected developments has been the advent of non-fungible tokens (NFTs). Today, people are jumping at any opportunity to cash in on this expanding sector by creating, buying, and flipping NFTs, with Solana NFT marketplaces being among the most popular platforms for doing so. Solana […]
Mergers, acquisitions, and partnerships have been lately considerably increasing in numbers. The notably fast evolution in technology has pushed big technology companies (techcos) and most recently telecom companies (telcos) to look for avenues to spearhead the competition into adopting emerging concepts and practices. The scale of such events and the significantly large amounts spent in […]
The online community of today is nothing without avatars. Their popularity has increased dramatically after Twitter NFT avatars were introduced. Avatars are now often used on a variety of social networks, gaming websites, forums, and chat applications like Discord. Avatars give each user a distinct personality and help them stand out, and in a digital […]
Play-to-earn (P2E) games are a new and young phenomenon in the gaming industry, but one that will not stop growing, as it mixes the two things that all people want in their lives; fun and money. Most play-to-earn games today reward the player with their in-game token, with its worth decided by the amount of […]