Why brands should go beyond a metaverse cameo
NEW YORK — Metaverse activations and game-like experiences continue to be on the rise this year as marketers look to reach digitally driven consumers, but until such plays are seen…
MTN is holding Africa’s first metaverse music concert
South Africa’s mobile network operator MTN Group wants to tap into its wide network of 34.5 million subscribers in Africa to lead the way in popularizing the metaverse in the…
Value of Facebook and Instagram owner drops $65bn in value as profits halve
More than $65bn has been wiped off the market value of Facebook and Instagram’s owner, Meta, after it reported profits had halved during the third quarter of the year as…
Mark Zuckerberg urged to spend less on metaverse after suffering ‘supersized and terrifying losses’
Facebook’s parent company is under pressure to focus less on the metaverse – as investors say it is an experimental bet causing “supersized and terrifying losses”. The tech giant changed…
Investors punish Zuckerberg as costly metaverse pitch falls flat
Oct 26 (Reuters) – Wall Street is losing patience over Meta (META.O) boss Mark Zuckerberg’s enormous and experimental bets on his metaverse project that helped drive up the company’s overall…
Putting metaverse concerns into perspective
The metaverse has set the commercial landscape ablaze. Expectations are through the roof, and not even the sky seems to be the limit. August institutions such as CB Insights and…
Norway Steps Into the Metaverse With Decentraland Tax Office
The Norwegian government is taking steps to embrace Web3 with the establishment of a metaverse tax office. At the Nokios conference on Wednesday, the Brønnøysund, Norway’s central register, and Skatteetaten,…
Meta plans to lose even more money building the metaverse while its ads business shrinks
Meta CEO Mark Zuckerberg reiterated his 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…
Metaverse Fashion Summit
DAO MFC is excited to announce the launch of the Metaverse Fashion Summit and MFC 100 rating Metaverse Fashion Summit will bring together the biggest names in the fashion&technology industry…
Most Metaverse business projects will be dead by 2025
The metaverse is a solution looking for a B2B problem – that problem being how to help Meta CEO Mark Zuckerberg drum up billions of dollars in revenues – and…