Mark Zuckerberg – Page 2

Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg

Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.

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New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX […]

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‘Metaverse’ a top 3 contender for Oxford’s Word of the Year

Oxford University has opened public voting for the first time with polls set to close on Dec. 2.

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Crypto Biz: Crypto’s day of reckoning has arrived

After lecturing us about crypto regulation, Sam Bankman-Fried’s house of cards collapsed this week as FTX declared bankruptcy.

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Facebook became Meta one year ago: Here’s what it’s achieved

The company changed its name on Oct. 28, 2021, reflecting growing ambitions to transcend beyond social media and into Web3 and the Metaverse.

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Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?

Meta’s Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren’t happy with the company’s oversized investment in metaverse technology.

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Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges

Mad Money's Jim Cramer Apologizes to Investors for Being Wrong About Facebook Parent Meta After Stock Plunges to Record Low

The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously that Meta was a good investment. “I failed to help people. And I own […]

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Metaverse losses top $3.6B for Meta with spending set to increase

The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year.

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Facebook is on a quest to destroy Web3

Mark Zuckerberg’s tech empire has a long history of using centralized systems to hurt users. Now it’s trying to join Web3.

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Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives

Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much, and hints at the establishment of time quotas […]

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