Showing news for Metaverse

There’s a Portrait of Jamie Dimon Hanging in JPMorgan’s Metaverse Lounge

3 years ago

(Bloomberg) -- JPMorgan Chase & Co. has a lounge in the metaverse: Visitors are greeted by a digital portrait of Jamie Dimon and a roaming tiger. Walk upstairs and you’ll see an executive’s presentation on the crypto economy.

Korea’s $200 Billion Wealth Fund Is Betting on the Metaverse and AI Startups

3 years ago

South Korea’s $200 billion sovereign wealth fund plans to boost investments in Silicon Valley startups as it looks to the metaverse and artificial-intelligence to accelerate its expansion in alternative assets.

Metaverse ETF Price Battle Starts Early as Roundhill Cuts Costs

3 years ago

(Bloomberg) -- A fee war is breaking out among exchange-traded funds jockeying to benefit from the push to create virtual worlds.

Facebook Has Probably Peaked. What Can Mark Zuckerberg Do Now?

3 years ago

The social network’s first ever drop in daily users is a landmark moment, and it is hard to see the company’s founder steering the company back to growth.

Zuckerberg’s Big Virtual Bet Has Yet to Give Meta Stock a Boost

3 years ago

Mark Zuckerberg isn’t winning many converts on Wall Street to his vision of his social-media company as a play on immersive digital experiences.

Meta-Backed Diem Association Confirms Asset Sale to Silvergate

3 years ago

The cryptocurrency project that Facebook founder Mark Zuckerberg took a beating from Congress on is officially over. The Diem Association has sold its intellectual property and other assets related to its payment network to Silvergate Capital Corp.

Facebook’s Crypto Failure Is a Red Flag for Its Metaverse Plans

3 years ago

Mark Zuckerberg has struggled to enter new growth areas without buying companies. That’s a problem.

Winklevoss Twins, Logan Paul Back Metaverse Startup Metaphysic

3 years ago

The Winklevoss twins’ venture capital firm and YouTube star Logan Paul are among a group investing in Metaphysic, an artificial-intelligence startup best known for fooling the world with deepfake videos of Tom Cruise.

What the Metaverse Is, Who’s In It and Why It Matters

3 years ago

The metaverse is a virtual universe that blends aspects of digital technologies including video-conferencing, games like Minecraft or Roblox, cryptocurrencies, email, virtual reality, social media and live-streaming. Quite how these pieces will fit together is a work in progress, but some tech giants already see it as the future of human communication and interaction. It’s “the next frontier,” Mark Zuckerberg said when he changed his company’s name from Facebook to Meta Platforms Inc. Commercial