THE HASH: Meta Misses Q3 Revenue Estimates for Metaverse Division; Core Scientific's Bankruptcy Warning
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 27 October 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
This episode is sponsored by ZenGo.
The most valuable crypto stories for Thursday, Oct. 27, 2022.
Meta Platforms (FB) reported third-quarter revenue of just $285 million in its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. That fell short of analyst expectations of $406 million. Plus, the world's largest bitcoin miner, Core Scientific (CORZ), warns that it may have to explore bankruptcy if it fails to improve its financial condition.
See also:
New NFT Marketplace Blur Closes in on OpenSea in 24-Hour Trade Volume
Kazakhstan to Test National Digital Currency on BNB Chain, Binance CEO Zhao Says
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Transcript
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| 0:00.0 | This episode is sponsored by Zengo. |
| 0:10.3 | This is the hash podcast. |
| 0:13.0 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with |
| 0:18.2 | stories that matter to the crypto world, all on the hash for your ears. |
| 0:23.9 | You're listening to the Coin Desk Podcast Network. |
| 0:30.7 | Hey there, happy Thursday. You're watching the hash on Coin Desk TV. We're going to talk about |
| 0:35.8 | the news of the day. And we have a special guest, Danny Nelson. Look at that guy. CoinDesk TV. We're going to talk about the news of the day. |
| 0:39.8 | And we have a special guest, Danny Nelson. |
| 0:40.8 | Look at that guy. |
| 0:44.7 | Coindex's Danny Nelson is here with us today. |
| 0:47.1 | And Will Foxley is here as well. |
| 0:52.8 | And Danny Nelson appears to maybe be dressed as Will Foxley in anticipation of Halloween, |
| 0:54.1 | but it's a bit unclear. |
| 0:55.7 | We just don't know what's going on. |
| 0:57.3 | All right, Jen is here as well. |
| 0:58.3 | She has the first story of the day. |
| 0:59.9 | I'm going to toss it to her for that. |
| 1:02.2 | I mean, it's really clear to me, Danny. |
| 1:04.4 | I think you look exactly like Will. |
| 1:05.6 | You really nailed it. |
| 1:09.9 | The stakes are pretty high for anyone who says that I don't look like the guy I say I look like. So you saw |
| 1:11.5 | my Netflix show. It's true. Oh, my God. All right. Well, let's head on over to the |
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