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Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3
Meta Platforms (FB) reported lower-than-expected third quarter revenue of just $285 million for its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. "The Hash" panel discusses what this means for Meta and its metaverse ambitions.
Instagram’s Move into NFTs: What We Know About Mark Zuckerberg’s Test
Meta (FB) CEO Mark Zuckerberg said that Instagram will begin testing non-fungible token (NFT) integrations this week, with an initial focus on Ethereum-based assets. “The Hash” panel discusses Meta’s plans for augmented reality NFTs with their Spark AR software and potential clashes between Web 2 and Web 3 cultures.
Facebook Takes on New Name ‘Meta’ as Company Expands Into Metaverse
Facebook’s metaverse will support NFTs in a possible boost to the Ethereum protocol. After teasing its NFT tie-up, Facebook also changed its name to "Meta," further hinting at the company’s commitment to building out its version of the metaverse. "The Hash" hosts unpack the implications for Facebook's latest metaverse ambitions.
