Mark Zuckerberg envisions 1 billion people in the metaverse

Mark Zuckerberg envisions 1 billion folks within the metaverse

Meta Platforms CEO Mark Zuckerberg instructed CNBC’s Jim Cramer on Wednesday that the metaverse could possibly be a substantial a part of the social-network operator’s enterprise within the second half of the last decade. “We hope to principally get to round a billion folks within the metaverse doing lots of of {dollars} of commerce, every […]

The fight against stolen products on Amazon and Facebook Marketplace

The struggle in opposition to stolen merchandise on Amazon and Fb Market

Over the previous yr, large-scale robberies have swept by shops like Louis Vuitton in San Francisco’s Union Sq. and a close-by Nordstrom, which was robbed by 80 people. Regulation enforcement and retailers have warned the general public that this is not conventional shoplifting. Relatively, what they’re seeing is theft organized by prison networks. And there […]

We're an entertainment app, not a social network like Facebook

We’re an leisure app, not a social community like Fb

ByteDance Ltd.’s TikTok app is displayed within the App Retailer on a smartphone in an organized {photograph} taken in Arlington, Virginia. Andrew Harrer | Bloomberg | Getty Pictures TikTok is absolutely conscious that Meta CEO Mark Zuckerberg is retooling the Fb and Instagram apps to be extra like its personal in style quick video service. […]

Meta (FB) Q1 2022 earnings

Meta (FB) Q1 2022 earnings

Shares of Fb father or mother Meta jumped 18% in prolonged buying and selling on Wednesday after the corporate reported earnings that topped estimates whilst income was disappointing. Listed here are the outcomes. Earnings per share: $2.72 vs $2.56 anticipated, in accordance with a Refinitiv survey of analysts Income: $27.91 billion vs $28.2 billion anticipated, […]

Facebook is opening its first showroom to sell VR headsets

Fb is opening its first showroom to promote VR headsets

Meta, previously referred to as Fb, is opening its first retail location in an effort to promote individuals its Oculus digital actuality headsets and its concept of the “metaverse,” the company announced Monday. Nevertheless it’s not an enormous step into retail. In contrast to Apple and different tech corporations which have shops in heavy foot-traffic […]

Meta plans to take 47.5% cut on virtual asset sales in its...

Meta plans to take 47.5% minimize on digital asset gross sales in its…

Fb on Thursday introduced that it’s opening up Horizon World, its digital actuality world of avatars, to anybody 18 and older within the U.S. and Canada. Courtesy of Meta Fb-parent Meta is planning to take a minimize of as much as 47.5% on the sale of digital belongings on its digital actuality platform Horizon Worlds, […]

The metaverse stole the show at Mobile World Congress

The metaverse stole the present at Cellular World Congress

SK Telecom’s “4D Metaverse” trip at Cellular World Congress 2022 in Barcelona, Spain. Ryan Browne | CNBC BARCELONA — Cellular World Congress made an enormous comeback this yr — however the time period on everybody’s lips wasn’t “smartphones” or “5G.” As a substitute, it was the “metaverse,” a obscure idea used to explain huge digital […]

Facebook-parent Meta (FB) Q4 2021 earnings

Fb-parent Meta (FB) This fall 2021 earnings

Fb shares tumbled greater than 20% in prolonged buying and selling on Wednesday after the corporate reported disappointing earnings, gave weak steerage and mentioned person progress has stagnated. Listed here are the outcomes: Earnings per share: $3.67 vs $3.84 anticipated, in response to a Refinitiv survey of analysts Income: $33.67 billion vs $33.4 billion anticipated, in response […]

Hawaii's ultra-luxe real estate is smashing records. Here's what's selling

Hawaii’s ultra-luxe real estate is smashing records. Here’s what’s selling

This $23.5 million mansion in Kauai lately bought to guitarist Carlos Santana. PanaViz Hawaii’s luxurious actual property market is hovering to all-time highs fueled by a number of components together with pent-up demand from the coronavirus pandemic, report low rates of interest and rising fairness markets. Within the first three quarters of this 12 months, […]