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The Latest Breaking News from metaverse

Improved Costs, Reels Growth, Attractive Multiples: What 6 Analysts Are Saying About Meta Platforms Post Earnings

Shares of social media and metaverse company Meta Platforms Inc (NASDAQ: FB) traded higher Wednesday after market close. The move came after the company reported first-quarter financial results. Here are the key takeaways from the earnings report from analysts.

Disney ‘metaverse’ begins to take shape

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Los Angeles Times

Facebook Parent Meta Calms Investors with Strong Profit

Facebook Parent Meta Calms Investors with Strong Profit

Facebook parent Meta on Wednesday reported better profit than expected in the recently ended quarter, calming investors worried about the toll of competition from TikTok and eased pandemic restrictions. Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this…

Asharq Al-Awsat

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Meta expanding massive $1 billion Illinois data center, set to power everything from Facebook to Instagram beginning next year

Meta, the social media giant formerly known as Facebook, is expanding its massive $1 billion data center under construction in DeKalb to nearly 2.4 million square feet, putting the college town west of Chicago at the center of its metaverse.

Chicago Tribune

Meta Platforms Q1 Earnings Highlights: EPS Beat, Revenue Miss, User Metrics Up And More

Social media platform and metaverse company Meta Platforms (NASDAQ: FB) announced first quarter earnings after market close Wednesday. Here are the highlights.

This Plot Of Digital Land Just Sold For $74,000 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $74,000, which is 11.70x the current floor price of 2.2 Ethereum (CRYPTO: ETH) ($74,000 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $6,615, which is 1.37x the current floor price of 1.675 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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Metaverse Land Just Sold For $7,190 (2 ETH) In The SandBox

Metaverse Land Just Sold For $7,190 (2 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,190, which is 1.50x the current floor price of 1.67 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $6,831 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $6,831 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $6,831, which is 1.43x the current floor price of 1.67 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $27,900 In MANA In Decentraland

This Plot Of Digital Land Just Sold For $27,900 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $27,900, which is 4.30x the current floor price of 2.26 Ethereum (CRYPTO: ETH) ($27,900 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Metaverse Land Just Sold For $40,920 (22,000 MANA) In Decentraland

Metaverse Land Just Sold For $40,920 (22,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $40,920, which is 6.31x the current floor price of 2.26 Ethereum (CRYPTO: ETH) ($40,920 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Virtual Land Just Sold For 28,888 MANA In Decentraland

Virtual Land Just Sold For 28,888 MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $53,731, which is 8.28x the current floor price of 2.26 Ethereum (CRYPTO: ETH) ($53,731 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

This Plot Of Digital Land Just Sold For $7,662 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $7,662 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,662, which is 1.58x the current floor price of 1.69 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 3 ETH In The SandBox

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $8,593, which is 1.78x the current floor price of 1.69 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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Virtual Land Just Sold For 4 WETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,013, which is 2.49x the current floor price of 1.69 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Guardian - UK

The Guardian view on online dangers: the internet needs a retrofit

Editorial: European governments are acting on the dangers of big tech. An alarming dispatch from the metaverse shows why they must hurry up

Chalice Brands Launched Chalice Metaverse Cannabis Platform On 4/20, Record-Setting Sales Follow

Chalice Brands Ltd. (OTCQB: CHALF) (CSE:CHAL) launched Chalice Metaverse on 4/20 resulting in a 25% increase in recorded daily revenue over the previous year and a 40.6% increase in vertical sales at Chalice Farms and Homegrown retail store

Facebook Parent To Open Interactive Metaverse Store In California Amid Criticism Over Virtual Creator Tax

Meta Platforms Inc (NASDAQ: FB) will open a metaverse-themed interactive store in Burlingame, California.

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Metaverse Land Just Sold For $7,333 (2 WETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,333, which is 1.51x the current floor price of 1.66 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $8,787 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $8,787, which is 1.81x the current floor price of 1.66 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $9,051 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $9,051, which is 1.86x the current floor price of 1.66 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Asharq Al-Awsat

Facebook-Owner Meta to Open First Physical Store in Metaverse Bet

Meta Platforms Inc is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company plots a course to take its highly touted metaverse mainstream. The 1,550-square feet Meta Store at the company's Burlingame campus in California opens…

Nike and RTFKT Studio's first digital sneakers remix the Dunk

The “Cryptokicks” feature "Skin Vials" that change the sneakers’ look.

France's President Macron Dubs NFT, Web3, And Metaverse 'Opportunity Not To Be Missed' For Europe

The re-election of French President Emmanuel Macron may come as a key milestone for the adoption of cryptocurrencies in Europe as the leader painted a rosy picture for the asset class in an interview.

Millions In Funding Is Flowing To Fashionverse Companies

First Metaverse Fashion Week's success indicates fashion of the digital age is here to stay.

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