Meta’s ambitions to transform itself into a metaverse powerhouse on the scale of Facebook was met with another round of doubt as Needham analysts downgraded the social media giant from “hold” to “underperform.” Get the Full Story Complete the form to unlock this article and...
As restaurants make forays into the metaverse, chain restaurants may have better luck than their independent counterparts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Meta is pushing Facebook out its door into the metaverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
There are some mighty big numbers thrown around when analysts and pundits talk about the potential size of the metaverse economy. Bloomberg says in-game transactions and micropurchases could reach $800 billion in 2024, while Citi says $8 trillion to $13 trillion by 2030. Get the...
Meta CEO Mark Zuckerberg has poured billions into making the company formerly known as Facebook into a metaverse-first social media experience. This month, players of Meta’s Oculus Quest 3D virtual reality (VR) headset’s games got a taste of what it might eventually look like. Get...
German engineering and technology firm Siemens has teamed up with chip maker Nvidia to launch a metaverse where companies can reduce the cost of running their plants and accelerate new production designs. Get the Full Story Complete the form to unlock this article and enjoy...
China’s Tencent Holdings has formed an “extended reality” (XR) division to tap into the burgeoning metaverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
There’s a huge amount of hype, and increasingly, money, being poured into “the metaverse” by some of the largest companies in the world as well as small tech firms that hope to join their ranks by building an immersive virtual reality in which people can...
Lowe’s is getting into the metaverse, CNBC reported Tuesday (June 21), and the home improvement retailer will make virtual products available through its own hub and for free. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
