Mark Zuckerberg says his metaverse will lose significant money in the near term

Mark Zuckerberg says his metaverse will lose significant money in the near term

Mark Zuckerberg’s metaverse will lose money soon. Mark Zuckerberg told shareholders that building the metaverse will be a three- to five-year financial drain. Some goods won’t be ready for 15 years, according to the Meta CEO, who spoke at the company’s annual meeting. In 2021, the Facebook founder spent $10 …

TIM EDITORIAL
Sony and Lego Tamily Bet Big on the “Metaverse” with $2 Billion in Investment in Epic.

Sony and Lego Tamily Bet Big on the “Metaverse” with $2 Billion in Investment in Epic.

Fortnite maker Epic Games has brought $2 billion up in subsidies from Sony and the Lego family in an enormous arrangement featuring the delight of large organizations about the purported “metaverse.” Sony will be infusing about $1 billion in the firm, Epic presented Monday, though KIRKBI, the family-owned venture company …

TIM EDITORIAL
Inspire by the Metaverse, Jacob & Co. Introduces the NFT Collection

Inspire by the Metaverse, Jacob & Co. Introduces the NFT Collection

Yes, It’s true! Jacob and Co. are sending off an NFT assortment of computerized and physical watches motivated by the Metaverse. The “Astronomia Metaverso,” was made in organization with UNXD, an NFT commercial center for extravagance and culture. Fittingly, the assortment expands upon Jacob and Co. ‘s celebrated Astronomia line, …

TIM EDITORIAL