Sony Group Corp on Wednesday teased details of its next-generation virtual reality headset for its PlayStation 5 console, as the Japanese conglomerate seeks to secure a lead in the nascent sector amid growing attention from tech giants.
Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing, analysts' estimates showed.
Hyundai Motor Co envisions an interactive and partly virtual future it calls "metamobility," where a variety of robotic devices interact with humans to provide a broad range of mobility services, from automated individual transportation to remote control of robots in "smart" factories.
What happened
Shares of Unity Software (NYSE: U) plunged 17.1% in December, according to data provided by S&P Global Market Intelligence. A large portion of this drop occurred immediately after the company announced the completion of its acquisition of Weta Digital. But the b
In what might be a sign of enduring strength in the crypto industry, executives from established tech giants are quitting their companies and joining cryptocurrency start-ups.
Meta Platforms (NASDAQ: FB), the company formerly known as Facebook, is planning to spend well over $20 billion on its business in 2022, with a large chunk of that cash going toward its push into building a metaverse platform.
The beginning of 2022 might feel like a great opportunity to shuffle your portfolio, but it's important you only purchase stocks that you're prepared to hold for the next five years (or longer). While everyone is focused on getting a fresh start in the new year, as investors we s
The Dow and the S&P 500 hit record highs on Tuesday as worries about the Omicron variant of the coronavirus subsided and financial stocks gained, while Ford jumped on an upbeat forecast for electric pickup production.
NEW YORK (Reuters Breakingviews) - Microsoft is the oldest of the current crop of technology Goliaths. Yet despite roots in the bell-bottom days of 1975, the $2.5 trillion software maker has been a recent Big Tech standout in terms of share-pric
The Dow and the S&P 500 were set for a record open on Tuesday as worries about the Omicron variant of the coronavirus subsided and travel stocks bounced, while Ford gained on upbeat electric pickup production forecast.
Following in the footsteps of Meta Platforms (the company formerly known as Facebook), Square recently changed its name to Block (NYSE: SQ) to shine light on the company's new strategic focus.
Nvidia (NASDAQ: NVDA) and Roblox (NYSE: RBLX) play essential roles in the metaverse. Nvidia dominates the graphics processing unit (GPU) market, a component critical to power virtual worlds. Roblox provides a creative platform that draws creators and users who will drive the meta
U.S. stock index futures rose on Tuesday, extending a strong start to the year after worries about the Omicron variant of the coronavirus subsided and travel stocks bounced.
The metaverse has emerged as one of the hottest new growth opportunities in the technology sector. In addition to offering a new medium for socialization and entertainment, virtual worlds could also be a major new avenue for digital commerce and services.
ZURICH (Reuters Breakingviews) - The dictionary defines transition as a “change from one state or condition to another.” That sums up the world as 2022 arrives. Whether it is the move away from an economic system reliant upon hydroca
Indian billioniare Mukesh Ambani-owned Reliance Jio Infocomm Ltd [RELIB.UL], the country's top telecom operator, is planning its largest ever rupee bond sale for up to 50 billion rupees ($670.65 million) of notes, Bloomberg News reported on Tuesday.
A new year means new investment possibilities. It's going to be hard to top last year's returns in 2022, but finding stocks that are leaning hard into the hottest trends could help supercharge your portfolio in the coming year.
Now that 2021's come to a close, it's time to look back at the best-performing fintech stocks to see if they have what it takes to keep climbing. Global-E Online (NASDAQ: GLBE), Upstart Holdings (NASDAQ: UPST), and Shopify (NASDAQ: SHOP) aren't necessarily the best-performing fin
The metaverse has created quite a buzz as companies and investors scramble to stake a claim in this digital gold rush. Yet this conceptual reality remains largely in the ether, not yet grounded in reality. So what exactly is the metaverse?