After betting heavily on the metaverse—and spending billions building it—Meta recently pivoted. Here are leadership lessons ...
This batch also introduces several trending tokens, including HYPE and PUMP, now available for futures trading. The new crypto futures come with 100–150x maximum leverage across most pairs, while ...
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One UAE International Business Awards honours Riazul Islam Fihan for Real Estate & Fintech Innovation
The digital transformation of Dubai’s real estate sector reached a new milestone as Riazul Islam Fihan, founder and CEO of Desert Rise and Rover Cyber, was conferred with the Visionary Excellence in ...
As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...
Bitcoin casinos and blockchain gaming platforms are no longer niche corners of the internet—they’re becoming a mainstream way to play, ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...
At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...
According to CoinMarketCap, blue-chip gaming tokens led the bounce with RENDER up 51.4%, GALA up 13.6%, and MANA up 9%, signaling sector outperformance within altcoins, source: CoinMarketCap, Jan 11, ...
The Met Gala has lined up a star-studded set of hosts for 2026. Beyoncé, Nicole Kidman and Venus Williams are set to serve as co-chairs for next year's Met Gala alongside Anna Wintour, Vogue announced ...
According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...
View post: Winter Storm Warnings Linger for 10 States Expecting 12 Inches of Snow Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from metaverse to AI, ...
Bottom line: After burning tens of billions and stubbornly insisting the metaverse would eventually justify the cost, Mark Zuckerberg appears to be backing away from his most ambitious project. Once ...
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