The metaverse is probably overvalued. We’ve seen funding in metaverse companies balloon to $12.1 billion in 2021 from $5.9 billion in 2020, according to Crunchbase. It’s hard to say if valuations are ...
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
I am the VP of Engineering at Apriorit, a software development company that provides engineering services globally to tech companies. The metaverse is expected to make businesses rethink what ...
The Daily Overview on MSNOpinion
Why Zuckerberg is finally ditching the $70B metaverse
Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...
The Daily Overview on MSNOpinion
Meta shares spike after Metaverse cuts, is $1,000 next in 2026?
Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Many international companies have already explored virtual worlds as a new channel of ...
There is no telling when the current crypto winter will end and with market conditions, marked by an extreme cryptocurrency price plunge, billions of dollars in crypto gains have been wiped. This does ...
Given the recent prevalence of metaverse chatter, you’d think the new online space has a long, healthy road ahead. According to one analyst, this might not be the case. Matthew Ball, chief analyst at ...
Metaverse projects have raised $115 billion in venture funding since 2010, per a PitchBook report. Coinbase Venture and Andreessen Horowitz are some of the top backers of metaverse projects. Despite ...
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