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Home Technology

What’s next for tech’s big bet on the metaverse?

CNBC Television by CNBC Television
August 12, 2022
in Technology
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What’s next for tech’s big bet on the metaverse?
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It has been nine months since Facebook renamed itself Meta and since then, the entire economy has suffered a pullback. What does that mean for tech giants spending big on the metaverse? CNBC’s Julia Boorstin joins ‘Squawk Box’ with the details. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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Comments 18

  1. Mitchell Friend says:
    3 years ago

    420

  2. Red Pill Renaissance says:
    3 years ago

    It is a joke that people are already hoping and begging the Fed to drop interest rates back to 0% and to print trillions upon trillions MORE of QE money printing to infinity for 14 MORE years! Since the 2008 economic collapse, the Fed enacted EMERGENCY monetary policy of dropping interest rates to 0% and printing trillions upon trillions of QE money printing to infinity FOR 14 years! Do these fools really believe the Fed can artificially manipulate rates to 0% and print trillions of QE to infinity FOREVER!! These guys have guzzled the Fed Koolaid!

  3. ryan belandres says:
    3 years ago

    the problem is no one trust facebook

  4. Mid-Class VS Sup-Rich says:
    3 years ago

    SPIKE's COMING! SHORT SELLERS WILL LOSE LOTS OF $$!! Not about the MARKET. It's long squeeze, SHORT SQUEEZE against retail investors so rich get richer. TV's CLOWNS promote fear while buying. "Only dead fish go with the flow".

  5. Kyle Smith says:
    3 years ago

    My guess: The "metaverse" world will probably be winner-take-all or end in a collaborative approach between the big players because you don't want to split the market amongst a bunch of different worlds (software-side), but the hardware side will be open to competition and will have small players actively competing.

  6. brown Eric says:
    3 years ago

    Its natural< to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested, expert-suggested investment strategies that can help you weather the current crypto storm. In 3 weeks of shorting and trading with signals directly from Stacy Huth, I have been able to accumulate 15 btc despite the state of the market.

  7. John Giver says:
    3 years ago

    In spite of the economic fluctuation, I’m so excited I’ve been earning $45,000 from my $10,000 investment everyday 10days.

  8. thisguy73 says:
    3 years ago

    Julia does not get the respect she deserves but seems … well staid.

  9. Gail Eickhoff says:
    3 years ago

    I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein…

  10. Edward Scott says:
    3 years ago

    I think not everyone see the goodness of metaverse. I’m pretty sure that this will level up every industry who will make use of it. Gaming, advertising or music, like here in Metaversus. Excited to try it once they launch it.

  11. Kurtis Richmond says:
    3 years ago

    Im excited for #LUNAONE #XLN #Web3 #Metaverse, they have their own #Blockchain called LunaOne-Chain. All up and coming hyper-realistic Metaverses can build on it with features of #Interoperability and much more.

  12. Mooria Devil says:
    3 years ago

    do they even know what they are talking about?

  13. mnmartin73 says:
    3 years ago

    Meta seems to be investing a lot on advertisement as I see it now showcased in the Today show. All about having people investing money on your avatar in the metaverse. I wonder what kind of people will buy into that garbage. Maybe social outcasts and freaks I guess are going to be best costumers. I couldn't believe the push, like buying a virtual gucci, like if it is real, it's absolutely ridiculous, not cool to me! Amazing what these kids at Meta want to convince people to make themselves rich. Good luck to you fools! I for one will never enter the metaverse, let alone spend a dollar into that garbage.

  14. Oscar bp says:
    3 years ago

    Hallo everybody 😂😂😀😀❤️❤️

  15. susan lanez says:
    3 years ago

    _Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Kennet Gibbs last year, his confidence and skills is on a maximum level….

  16. Eye See You says:
    3 years ago

    Any money put into meta (any virtual e.g. NFT) will be lost when it's hacked…over and over…by the chinese hacking army.
    Money well spent I guess if you love giving it to communist countries.

  17. Anthony Milner says:
    3 years ago

    Making money from stocks look deceptively easy. The reality is that stock market is one of the toughest mental games in the world

  18. Sulaiman Mutiyat says:
    3 years ago

    MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below

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