Showing news for Metaverse

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

February 15, 2022

(Bloomberg) -- JPMorgan Chase & Co. has a lounge in the metaverse: Visitors are greeted by a digital portrait of Jamie D...

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

February 10, 2022

South Korea’s $200 billion sovereign wealth fund plans to boost investments in Silicon Valley startups as it looks to th...

Metaverse ETF Price Battle Starts Early as Roundhill Cuts Costs

February 7, 2022

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

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

February 3, 2022

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

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

February 2, 2022

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

Meta-Backed Diem Association Confirms Asset Sale to Silvergate

January 31, 2022

The cryptocurrency project that Facebook founder Mark Zuckerberg took a beating from Congress on is officially over. The...

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

January 28, 2022

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

Winklevoss Twins, Logan Paul Back Metaverse Startup Metaphysic

January 25, 2022

The Winklevoss twins’ venture capital firm and YouTube star Logan Paul are among a group investing in Metaphysic, an art...

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

January 20, 2022

The metaverse is a virtual universe that blends aspects of digital technologies including video-conferencing, games like...