In general, Meta frames many of its recent moves as a pivot away from first-party development of VR experiences to a focus on a third-party developer ecosystem, with stats like “86% of the effective ...
Ripple’s XRP Ledger has established an official digital presence within the xSPECTAR universe. According to the announcement, ...
The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. Mark Zuckerberg announced his Metaverse strategy in late ...
Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...
As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...
Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg isn’t afraid to make ‘risky’ bets. In 2021, he changed the name of the… 24/7 Wall St. : Donald Trump has floated the idea of a U.S. sovereign wealth ...
Mark Zuckerberg bet tens of billions of dollars on the “metaverse” only to be mocked for the idea of an immersive virtual-reality social network at every turn. When all is said and done, his promise ...