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  • Market Cap: $2,403,967,641,718.38
  • 24h Vol: $55,942,941,773.29
  • BTC Dominance: 56.52%

Mark Zuckerberg

disney-reportedly-axing-metaverse-division-amidst-company-restructuring

Disney Reportedly Axing Metaverse Division Amidst Company Restructuring

Leave a Comment / ai, Bitcoin, Bob Chapek, bob iger, Crypto Hacked, Cryptocurrency, Disney, Ethereum, layoffs, Mark Zuckerberg, Meta, Metaverse / / / , , , , , , ,

The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs the […]

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meta-calls-2023-a-‘year-of-efficiency;’-anticipates-more-losses-in-its-metaverse-division

Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division

Leave a Comment / ai, Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Facebook, Instagram, Mark Zuckerberg, Meta, Metaverse, Reality Labs, susan li, WhatsApp / / / , , , , , , , ,

Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of the company to focus on its AI (artificial intelligence) and metaverse projects in the

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