Meta’s Metaverse Division Reports 3rd Quarter Loss of Over $3.7B

Meta’s Facebook Reality Labs (FRL) division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday. The FRL is r...

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023

For the company as a whole, Meta reported adjusted quarterly earnings per share for the third quarter of $1.64, missing the analyst consensus estimate of $1.90, according to FactSet, while Meta’...

Meta’s Metaverse Division Loses Nearly $3.7B in Q3

Reality Labs’ Q3 numbers follow the business’s losses of $2.9 billion and $2.8 billion in the year’s first and second quarter, respectively Altimeter Capital CEO Brad Gerstner urged Meta to cut back o...

James Gunn, Peter Safran to lead DC movies, TV division at Warner Bros.

James Gunn and Peter Safran will be the next co-heads of Warner Bros. Discovery‘s DC Comics film and TV unit, the company announced Tuesday. Their appointments will be effective Nov. 1. The news...

Fidelity Ramps Up Crypto Division by 25%

Asset management firm Fidelity Investments is looking to increase its already growing digital asset division by 25%, or around 100 employees. Fidelity Investments, which currently has $4.5 trillion as...

Fidelity Investments Plans Hiring 100 Personnel For Crypto Division

Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent ...

Fidelity crypto division to offer institutional Ethereum capabilities

Join Our Telegram channel to stay up to date on breaking news coverage Fidelity Digital Assets, the cryptocurrency subsidiary firm of Fidelity Investments, is set to allow institutional clients to tra...

Vikings Have Clear Chance To Unseat Packers And Rule Division

Since the Packers are stumbling, the Vikings have an excellent chance to rule the division.(Photo by … [+] Chris Graythen/Getty Images) Getty Images Let’s face it, the NFC North lacks the compet...

Fanatics hires finance chief for sports-betting division before launch

Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming. Source: Fanatics Fanatics is getting one step closer to launching its highly anticipated sports-gambling division, nearly five yea...

Aaron Judge’s Rough Start Highlights Random And Fluky Nature Of The Division Series

New York Yankees center fielder Aaron Judge reacts after striking out against the Cleveland … [+] Guardians during the seventh inning of Game 2 of an American League Division baseball series, Fr...

Five Outstanding Moves Helped Deliver A Division Title To The Cleveland Guardians

Cleveland Guardians’ Jose Ramirez displays the 2022 Major League Players Alumni Heart & Hustle Award … [+] awarded to him before a baseball game against the Seattle Mariners in Clevela...

President of FTX U.S Brett Harrison Division Steps Down

14 seconds ago | 2 mins read Editors News Harrison detailed his plans to move into an advising position at FTX US. CEO Alex Mashinsky of Celsius resigned recently. U.S. division president of cryptocur...

Brewers Lose Division But Stay Alive In Playoff Race With Phillies’ Loss

Right-hander Adrian Houser gave up three runs and left the game with a groin injury in the fourth … [+] inning of the Brewers’ loss to the Cardinals. (Photo by Stacy Revere/Getty Images) G...

The Ukrainian Army Reportedly Destroyed Another Russian Division

A Russian howitzer near Bakhmut. Via social media Three weeks ago, the Ukrainian army’s northeastern counteroffensive dismantled one of the Russian army’s elite units: the 1st Guards Tank Army. Now th...

Spanish Soccer First Division Laliga to Be Featured in Decentraland’s Metaverse – Bitcoin News

Laliga, the Spanish soccer first division organization, has established a strategic partnership with Stadioplus and Vegas City Limited, two metaverse-related companies, to digitize part of its activit...

Snap Inc announces layoffs as it shuts down Web3 division

Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Snap Inc, Evan Spiegel, has announced that the company is reducing its workforce by around 20%. Additionally, the comp...

Snap Inc. Shutters Web3 Division Amidst Axes.

Snap Inc. is going to reduce the size of employees by approx 20%. Growing interest rates is one of the main points for the reduction. On Friday, the Chief Executive Officer of Snap Inc, Evan Speigel, ...

Snapchat Calls End to Web3 Division, Lays Off 20% Employees

The business has eliminated all Web3 employees as part of its ongoing reorganization. Jake Sheinman, head of Snap’s Web3 team, announced his departure. On Friday, Snap Inc. CEO Evan Speigel revealed i...

Snapchat’s parent company shutters Web3 division amid layoffs

Snap Inc’s CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.  The note said that this roun...

Wells Fargo Cuts 75 Jobs In Home Mortgage Division. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears

Wells Fargo made its ninth round of job cuts in its home mortgage division this year as the housing market continues to cool substantially—the latest U.S. company to announce layoffs this summer as em...

Robinhood Crypto Division Hit with $30 Million Fine

The crypto division of the popular trading app Robinhood has been slapped with a $30 million fine in New York after the company allegedly violated cybersecurity regulations and anti-money laundering l...

MLB’s Division Races To Watch In September

BALTIMORE, MD – JUNE 30: Fans cheer during the sixth inning between the Baltimore Orioles and St. … [+] Louis Cardinals at Oriole Park at Camden Yards on June 30, 2011 in Baltimore, Maryla...

Asda Steps On The Gas As It Targets Co-Op Forecourt Retail Division

Asda is in pole position to snap up the Co-op’s gas station retailing arm in a $530 million deal. … [+] (Photograph by Richard Walker for Asda) © Richard Walker / ImageNorth U.K. supermark...

Meta’s VP of a Prime Division Will No Longer Serve The Company

Meta’s Horizon platform is losing a prime player from their team. The Horizon Worlds is a metaverse game similar to Second Life. Meta changed their title from Facebook back in 2021. Horizon’s VP of So...

Japanese Division Of Animoca Brands Raises 45M USD

Animoca Brands is a metaverse and non-fungible token (NFT) investor. Its Japan division has raised 45 Million USD and reached 500M USD in valuation. Animoca Brands recently launched a DAO titled OMA3....

Cowen expands digital division with new crypto native hires

Investment bank Cowen is adding two crypto native executives as it expands its crypto division. Cowen Digital LLC has hired Blockchain.com’s former head of institutional business development and...

The Cleveland Guardians Lead Their Division In Wins And Patience

Cleveland Guardians’ third baseman Jose Ramirez, who signed a 7-year, $141 million contract … [+] extension at the start of the season, has 103 RBI and leads the American League in doubles...

Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund – Blockchain Bitcoin News

Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewar...

NY State Financial Regulator in Slaps Robinhood’s Crypto Division with a $30M Fine – crypto.news

The New York state financial watchdog has levied a $30 million fine against Robinhood’s cryptocurrency division for allegedly breaking cybersecurity and anti-money laundering laws. This is the latest ...

New York financial regulator fines Robinhood’s crypto division $30M

The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity an...

MMA League Planning To Launch Division Out Of U.A.E. In 2023 Or 2024

PFL CEO Peter Murray says the fight league has plans to expand in the U.A.E. by 2023 or 2024. Photo courtesy of PFL The Professional Fighters League is making moves. Big moves. A couple weeks ago, the...

Meta’s Metaverse Division Loses $2.8 Billion in Q2

Meta’s titular division just took another blow.  The social media giant disclosed this afternoon that its metaverse-specific division suffered losses of $2.81 billion this quarter. That puts the divis...