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Finance

Goldman Says Apple, Meta Lead in Developing Metaverse Technology

Virtual reality platforms are set to evolve rapidly into 2023, the bank’s analysts said.

Apple and Meta lead the competition for virtual reality, Goldman Sachs says. (Shutterstock)

Finance

Meta Starts Building a Digital Economy for Creators in Horizon Worlds

Fees could soar as high as 47.5% in the Meta-owned virtual reality game.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Finance

Meta Exploring Non-Blockchain-Based Virtual Currency: Report

The company’s plans for NFT features on Facebook and Instagram also continue to advance.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Finance

NFTs Could Go Mainstream With Instagram’s Planned Support, Deutsche Bank Says

Instagram could lower the barrier for entry to the NFT market, the report said.

Deutsche Bank logo (Shutterstock)

Videos

What Has the Russia-Ukraine War Meant for Crypto Social Media?

Lunarcrush Founder & CEO Joe Vezzani discusses the impact of a Russian court's decision to ban Facebook and Instagram for “extremist activity” as the war in Ukraine continues. Plus, a conversation on why the Ukrainian government accepting cryptocurrency donations resonates deeply with the online crypto community. 

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Finance

Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads

The Australian Competition and Consumer Commission says Facebook and Instagram linked fake media articles linking crypto deals to unknowing celebrities.

(Getty Images)

Finance

Mark Zuckerberg Says NFTs Are Coming Soon to Instagram

The Meta CEO’s comments at South by Southwest confirmed earlier reports that Instagram was preparing to make such a move.

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Finance

Team Bringing Diem Blockchain to Life Confirms $200M Raise, Says Coinbase and More Are Building on Devnet

Aptos announced the funding round Tuesday and said major crypto brands were already contributing code.

(Shutterstock, modified by CoinDesk)

Markets

Forget Data – Privacy Is the New 'New Oil'

When even Mark Zuckerberg says there’s a “clear trend” away from data collection, you know the pendulum is swinging.

(Zbynek Burival/Unsplash)