Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Produ...

Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Produ...

Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue Bonds to Finance New Investments Meta, one of the first companies that pivoted to the metaverse as part of its main business model, is set to issue debt in order to continue to fund part of its operations and to maintain a healthy free cash flow. According to....


Related News

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse. Facebook Pay Rebrands to Meta Pay Meta is trying to solve the problem of transaction and value interactions in the metaverse. The company announced the launch of a new digital wallet that will support the....

Telefonica to Invest in Metaverse Through Gamium

Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also collaborating with Meta in the creation of a metaverse innovation hub for startups. Telefonica To Invest In Spanish Metaverse Gamium Metaverse initiatives have become popular for companies and VCs to invest in during this market downturn. Telefonica, one of the biggest communication companies in....

Meta Opens 1st-Ever Metaverse-Themed Brick-And-Mortar Shop In San Francisco

Metaverse has now traversed the mainstream. On May 9, Meta Platforms Inc. will be opening its first-ever physical metaverse-themed retail store in the San Francisco Bay Area. Samsung has opened up their first physical Meta store – and Meta is following through.  Suggested Reading | Samsung Throws In $25 Million In South Korean Startup DoubleMe […]

The Metaverse: Will it be a decentralized haven or a centralized tyranny?

Corporate-owned social media giant Facebook is getting ready to track you to the ends of the Metaverse and back — if you let them. Last week, Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain.Whether we like it or not, major corporations will likely play a major role in how the Metaverse develops and evolves. But will it be plagued by....

Dvision Network’s Boburjon Muydinov Talks Metaverse, Investing in Digital Rea...

Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in the metaverse in order to build their preferred content that will be integrated as an essential part of the Meta-City. The user-created content has no limitations and can be presented in the form of gaming, academic, commercial, or even entertainment pieces of in-game content. Dvision has recently....