It’s metaverse or bust for Meta, says Big Technology’s Alex Kantrowitz

CNBC Television published this video item, entitled “It’s metaverse or bust for Meta, says Big Technology’s Alex Kantrowitz” – below is their description.

Alex Kantrowitz, Big Technology founder, joins ‘Closing Bell’ to discuss Meta’s Q4 earnings results, if social media is a zero-sum game and how the company can reinvent itself.

CNBC Television YouTube Channel

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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In This Story: metaverse

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.

The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.

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