Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement
Metaverse project Gamium’s native token GMM has surged by 340% to $0.0025 after it announcement collaboration deals with Meta and Telefonica. Source
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Meta
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division – Metaverse Bitcoin News
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of the company to focus on its AI (artificial intelligence)
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Meta Platforms Shares Surge 23% to Record Best Day in Over a Decade
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase. On Thursday, Meta Platforms (NASDAQ: META) shares surged by more than 23%, marking one of the stock’s best days in a decade. This positive development benefited from optimistic commentary by Meta CEO Mark Zuckerberg and
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Meta Surpasses Revenue Estimates in Q4 2022, META Stock Up 19%
At the end of this year, Meta expects its total expense to fall between $89 billion and $95 billion.Tech giant Meta Platforms Inc (NASDAQ: META) exceeded analysts’ estimation in revenue during 2022 Q4, according to its earnings report. While there was a prediction of $31.543 billion in revenue, the company
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Court Approves Meta’s Bid to Acquire VR App Within, META Shares Spike Over 20%
The Federal Trade Commission (FTC) sued Meta last July claiming the company wanted to buy its way to the top in an anti-competitive manner.Facebook owner Meta Platforms Inc (NASDAQ: META) has reportedly won a court case to acquire Within Unlimited, the maker of the virtual reality fitness app Supernatural. According
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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022.Meta’s Q4 earnings released on Feb. 1 show Reality Labs lost $13.7 billion in 2022 — the largest ever yearly losses
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Meta gets court win in metaverse acquisition plans: Report
A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company.According to a Feb. 1 report from Bloomberg, Judge Edward Davila in U.S. District Court for the Northern District of California denied an injunction by the Federal
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NBA Extends Partnership With Meta to Bring Basketball Games to the Metaverse – Metaverse Bitcoin News
The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be enjoyed using VR (virtual reality) tech, using Xtadium, a co-viewing platform. Five of these games will be presented in a
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Apple, Netflix, Meta, and Many Others Caught Up in FTX Saga
The firm’s creditors range from tech companies to hoteliers, airlines, and even government-owned entities in the US and foreign countries.As the FTX saga continues unraveling, more revelations are coming to the fore about the bankrupt exchange. In one of the latest developments, a court document has revealed the complete list
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Meta and NBA Announces Strategic Partnership to Feature VR Games, META Shares Up 2.8%
The partnership extension between Meta and NBA will allow fans to purchase NBA-licensed apparel in the Meta Avatars Store and authenticated NBA League Pass access in Xtadium.Meta Platforms Inc (NASDAQ: META) has announced a multi-year partnership extension with the National Basketball Association (NBA) to feature enhanced virtual reality (VR) games
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