Metaverse

Meta Reality Labs Celebrates 10-Year Milestone, Has Lost $50+ Billion
Meta Reality Labs Celebrates 10-Year Milestone, Has Lost $50+ Billion
April 08, 2024  |  Metaverse

Meta’s Reality Labs division is now 10 years old. And in the past five years alone, since 2019, the division — which is responsible for...

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Making Sense of Meta’s Move to Join the Fediverse 
Making Sense of Meta’s Move to Join the Fediverse 
March 22, 2024  |  Meta

Decentralization may be coming to social media’s walled gardens, and that means the future of social commerce could be more fediverse than it is metaverse....

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Roblox Expands Digital Gift Card Offerings With Blackhawk Network
Roblox Expands Digital Gift Card Offerings With Blackhawk Network
February 14, 2024  |  Gift Cards

Branded payments provider Blackhawk Network is expanding its digital gift card offerings via partnership with Roblox. The partnership will offer digital gift cards on digital gaming platform Roblox’s gift card...

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Roblox Looks to Capture Network Effects From AI, Metaverse Headsets
Roblox Looks to Capture Network Effects From AI, Metaverse Headsets
February 07, 2024  |  Earnings

The metaverse, creator economy and artificial intelligence (AI) are among the 21st century’s biggest trends. And video game developer Roblox, which enjoyed its first-ever quarter...

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Zuckerberg Dubs 2023 Meta’s ‘Year of Efficiency’ as Reality Labs Revenue Crosses $1B Mark
Zuckerberg Dubs 2023 Meta’s ‘Year of Efficiency’ as Reality Labs Revenue Crosses $1B Mark
February 01, 2024  |  Earnings

Meta CEO Mark Zuckerberg dubbed 2023 the “year of efficiency” as the social media giant’s Reality Labs division, which has been losing billions over the...

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The 216 Million Reasons Why Mango, LensCrafters and Worldline Are Betting on the Metaverse
The 216 Million Reasons Why Mango, LensCrafters and Worldline Are Betting on the Metaverse
January 31, 2024  |  Metaverse

As technology advances, the metaverse is growing, offering immersive experiences, social connectivity, and economic opportunities.  Embracing the same sentiment, Spanish retailer Mango has entered the...

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Meta Pivots AI Focus to Product-Level Progress in Latest Restructuring
Meta Pivots AI Focus to Product-Level Progress in Latest Restructuring
January 25, 2024  |  artificial intelligence

The artificial intelligence (AI) ecosystem faces two crucial bottlenecks around compute and research talent resources. And the battle for both has never been fiercer, with...

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Worldline Debuts Metaverse Shopping Hub
Worldline Debuts Metaverse Shopping Hub
December 12, 2023  |  Metaverse

Payments services provider Worldline is expanding its virtual shopping program. The French company announced Tuesday (Dec. 12) the launch of the Worldline Metaverse Shopping Hub...

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Meta’s AI Investments Ramp Up as Reality Labs Loses Billions 
Meta’s AI Investments Ramp Up as Reality Labs Loses Billions 
October 25, 2023  |  Meta

Artificial intelligence (AI) is the focal point in the year ahead for Facebook’s parent company Meta Platforms. “In terms of investment priorities,” CEO Mark Zuckerberg...

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