Metaverse

Report: New Meta Layoffs Could Rival Last Year’s Job Cuts

Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
March 12, 2023  |  Facebook / Meta

Meta is reportedly planning multiple rounds of job cuts that could match last year’s layoffs. The cuts could come over the next few months and...

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Worldline’s New Virtual Mall Helps Merchants Try Metaverse
Worldline’s New Virtual Mall Helps Merchants Try Metaverse
March 09, 2023  |  Metaverse

Payments firm Worldline plans to help companies do business in the metaverse. The French company announced in a Thursday (March 9) press release it has...

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Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
February 28, 2023  |  Cryptocurrency

It may be the equivalent of a digital fire sale. Non-fungible tokens (NFTs) have seen volatility similar to that in bitcoin and other digital holdings....

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Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
February 24, 2023  |  Big Tech

While Meta takes a monthly billion-dollar haircut on its metaverse strategy, Microsoft is also struggling. At least as it relates to the here-by-tomorrow potential of metaverse virtual...

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Airswift CEO Says 3 Features Are Key to Crypto’s Future
Airswift CEO Says 3 Features Are Key to Crypto’s Future
February 22, 2023  |  Cryptocurrency

In tough times, embattled industries tend to transform themselves around new realities. Dr. Yan Zhang, CEO of full-stack cryptocurrency payments provider Airswift, told PYMNTS’ CEO Karen...

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‘Creative Flywheel’ Breaks Daily Active User Count for Roblox Metaverse in Q4
‘Creative Flywheel’ Breaks Daily Active User Count for Roblox Metaverse in Q4
February 15, 2023  |  Metaverse

Roblox’s daily active users (DAUs) jumped 19% year over year, and 2023 is already seeing strong growth tailwinds. That’s per the company’s fourth-quarter 2022 earnings...

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Advances in Metaverse Mapping Promise Trickle-Down Improvements IRL
Advances in Metaverse Mapping Promise Trickle-Down Improvements IRL
February 13, 2023  |  Metaverse

Companies are betting, and losing, billions that the world of tomorrow will include the metaverse. That’s as the concept of virtual world platforms, historically associated...

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‘Mess’ Reported at Meta as Company Plans New Layoffs
‘Mess’ Reported at Meta as Company Plans New Layoffs
February 12, 2023  |  Facebook / Meta

Meta CEO Mark Zuckerberg’s “year of efficiency” is reportedly off to a rocky start. The company has delayed the budgets for several of its teams...

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