Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...

Ripple’s XRP Ledger has established an official digital presence within the xSPECTAR universe. According to the announcement, the initiative aims to create a virtual space where the XRPL ecosystem can ...

String Metaverse Ltd. (BSE: META), a blockchain infrastructure and artificial intelligence-driven financial technology ...

In general, Meta frames many of its recent moves as a pivot away from first-party development of VR experiences to a focus on ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

String Metaverse appoints Venkata as Technical Advisor to enhance AI deployment and infrastructure for its financial ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...