Meta has been spending so much money on the virtual reality (VR) worlds it is now named after, that it’s cut into not just profits but the stock price in a very significant way — it dropped 20% after quarterly earnings results that would have...
Korean internet company Naver Z has chosen Payoneer to serve as the global payment provider for ZEPETO, its 320 million-member metaverse platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With his metaverse dreams some seven to 10 years off, Meta CEO Mark Zuckerberg had to know that shareholders were in for a long, bumpy ride as the company pours billions into what he believes will be the next generation of social media, an immersive...
Restaurants’ presence in the metaverse is still too new to say for sure which strategies (if any) will be key to securing customers’ virtual reality (VR) loyalty, but quick-service restaurant (QSR) giant Wendy’s argued in an interview with PYMNTS that the key to success in...
Restaurants looking to reach consumers in the metaverse would do well to offer them quick and convenient off-premise options rather than trying to woo diners for on-premise experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ethereum Founder Vitalik Buterin is more responsible than anyone for turning blockchain and cryptocurrency from an obscure way to make peer-to-peer payments into a technology embraced by companies ranging from Amazon and Walmart to Bank of America and the Banque de France. Get the Full...
Meta Platforms has reported its first quarterly sales drop, and Facebook and Google are slowing the pace of hiring for jobs in the metaverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The future direction of the metaverse might come down to Meta and Apple competing head to head in a race to sell hardware for the augmented reality (AR) and virtual reality (VR) space, The Verge reported on Wednesday (July 27). Get the Full Story Complete the form...
Meta’s metaverse will be so inclusive that it will offer more than 1 quintillion ways to differentiate your Meta Avatar’s look. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
