Category: Uncategorized
Facebook parent Meta Platforms Inc. FB, -3.67% has ceased development of a new VR/AR software operating system that employed more than 300 after four years, The Information reported Wednesday. The move could greatly impact Meta’s ability to pivot to becoming a major metaverse player. Meta quickly issued a statement via Gabriel Aul, its vice president […]
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. 20000 Total views 69 Total shares Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December […]
Major U.S. stock benchmarks ended sharply lower Wednesday, with the tech-heavy Nasdaq Composite index suffering the steepest decline, after the Federal Reserve released minutes of its December meeting that showed officials eyeing potentially faster and earlier rate hikes amid high inflation. The Nasdaq COMP, -3.34% dropped about 3.3%, the S&P 500 SPX, -1.94% fell about […]
Hasbro Inc. HAS, -0.58% said late Wednesday its board appointed Chris Cocks as chief executive and named him as a board member effective Feb. 25. Cocks currently serves as president and chief operating officer Hasbro’s Wizards of the Coast and Digital Gaming division, and replaces Brian Goldner, who died in October. Cocks has served in […]
Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse. 6403 Total views 126 Total shares Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is […]
Oil prices finished with a gain on Wednesday after the Energy Information Administration reported a sixth straight weekly decline in U.S. crude inventories. The EIA report, however, highlighted a sharp decline in oil exports and refined product demand in the U.S., “as the normal seasonal decline in demand during the holiday week was exacerbated by […]
OpenSea’s market value has now surpassed $13.3 billion following the new cash injection. 2801 Total views 53 Total shares The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse. To accelerate this vision, OpenSea announced on Tuesday that it has secured $300 million in a Series C funding […]
Wells Fargo & Co. WFC, +0.09% Chief Risk Officer Amanda Norton will retire from the bank in June after about four years in the post, according to reports on Tuesday. Norton, 55, joined Wells Fargo in 2018. Wells Fargo plans to name a replacement in the next few weeks, according to reports by The Wall […]
WonderFi, backed by Canadian billionaire Kevin O’Leary, is looking to increase its footprint in Canada with the acquisition of crypto exchange Bitbuy. 2031 Total views 68 Total shares Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country. WonderFi agreed to […]
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 2.1 million barrels for the week ended Dec. 31. On average, analysts had forecast a fall of 4.4 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 6.4 million-barrel decline, according to […]
