metaverse

Needham upgraded Meta Platforms, Inc. (NASDAQ:META) from Underperform to Hold on Thursday, but the analyst maintained a cautious stance on the stock as it trades near all-time highs.  What To Know: Needham analyst Laura Martin said the upgrade was based on the firm's improved expectations for...

Virtual worlds like Decentraland (CRYPTO: MANA) could be the key to mainstream adoption of Web3 technologies by offering accessible entry points and practical applications, according to Ignacio Palomera, CEO and co-founder of Bondex, a Web3 hiring platform. Speaking with Benzinga, Palomera...

NetVRk has launched a new web application for SilkAI, offering browser-based access to interactive non-player characters (NPCs) designed for use across metaverse platforms and robotics applications. The web app, now live at silkai.com, allows users to create, customize and interact with AI-driven...

In a recent public statement, Grimes, a renowned Canadian musician and former partner of Elon Musk, has expressed skepticism about the ability of Meta Platforms Inc’s CEO, Mark Zuckerberg, to effectively lead the metaverse. What Happened: Grimes, whose legal name is Claire Boucher, took to X...

Meta Platforms Inc (NASDAQ: META) shares came under pressure in 2022 due to cost concerns after the company rebranded from Facebook and laid out a new vision for the future focused on the metaverse. The stock has regained momentum over the past couple of years, surging to new highs as the company...

The Trump Organization, which is privately owned by President Donald Trump, recently filed a new trademark for several cryptocurrency and NFT-related items. Here's a look at what the move means and how Trump could be betting on the future growth of the metaverse. What Happened: Trump is not new to...

At the recent Benzinga Future of Digital Assets event, discussions centered on how blockchain technology is shaping new economic models. Alex Salnikov, co-founder and chief strategy officer of Rarible, explored how wallets and digital identities redefine participation in the metaverse. In a panel...

The term "metaverse" was one of the top trends in 2021 with companies and cryptocurrencies related to the term seeing soaring valuations. While interest in the metaverse has fallen off in recent years, two cryptocurrencies with ties to the metaverse were among the top gainers of the past week. What...

The Benzinga Future of Digital Assets event featured a panel on NFTs and the metaverse, sparking discussions about their long-term potential despite current skepticism. Post panel, Ian Horne, head of content for Money20/20 Amsterdam, shared his perspective on how these technologies may evolve and...

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE:BABA) recently made cuts to its metaverse division, Yuanjing, as part of a broader trend of tech companies scaling back their investments in the once-hyped sector.  The Details: Alibaba has laid off dozens of employees in its metaverse...

Meta Platforms, Inc. (NASDAQ:META) reported its third-quarter results after Wednesday's closing bell, beating analysts' expectations on the top and bottom lines while indicating higher capital spend to come. Analyst reactions are pouring in.  The Meta Analysts: Bank of America Securities analyst...

NetVRk, a cross-platform metaverse focused on AI and GameFi, on Tuesday announced the launch of the alpha version of its AI-powered metaverse. This release integrates advanced language models and emotional intelligence, allowing users to interact with non-playable characters (NPCs) that possess...

The recent Meta Connect 2024 event, which highlighted a mix of new products and technology advancements from Meta Platforms (NASDAQ:META), may prove to be justification that the company's bets on the metaverse will soon pay off. What Happened: At the 2024 Meta Connect, Meta CEO Mark Zuckerberg...

Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg's shirt may have stolen part of the show during Wednesday's Meta Connect event, which highlighted new products and the growth of artificial intelligence, augmented reality, and metaverse ambitions. What Happened: Zuckerberg has become known for his...

Meta Platforms Inc (NASDAQ:META)’s annual developer conference kicked off Wednesday with a slew of new product announcements from the Facebook parent’s California headquarters. What To Know: The Meta Connect 2024 event got started with a keynote address from CEO Mark Zuckerberg, who...