CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
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    Microsoft and Meta join to bring Office 365 to the metaverse

    By Alara Jordan

    09:19, 14 October 2022

    Microsoft virtual reality
    Microsoft will integrate Windows 365, Teams, and Xbox Cloud Gaming as part of a broader push into the metaverse – Photo: Microsoft

    Meta and Microsoft are joining forces as the two giants look to collaborate in transforming how people work, communicate and play in the metaverse. 

    Meta’s CEO, Mark Zuckerberg, announced the partnership at the Facebook owner’s annual Connect conference, where a year ago he changed the company’s name from Facebook to Meta in a bid to underline its commitment to the metaverse. 

    Microsoft will integrate a suite of its popular products, including Windows 365 and Teams, to Meta's advanced virtual reality (VR) headset Quest Pro, as part of a broader push into the metaverse. It will also sell the new Quest Pro to businesses and enterprises. Microsoft also confirmed that it was exploring ways to integrate its Xbox Cloud Gaming platform to allow gamers to stream high-quality Xbox games.

    Meta said in a blog post, “We want Meta Quest Pro to be an enterprise-ready device that’s easy to use, deploy, and manage at scale. Our partnership with Microsoft will bring powerful new work and productivity tools.”

    The collaboration will see the two tech firms rely heavily on each other to deliver new and immersive experiences for the future of work. Microsoft also announced the partnership via a company blog post, stating that the move was a reflection of how the world of work has changed and where the future of work is heading. 

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    “People crave deeper, richer ways of collaborating and co-creating from wherever they are,” Microsoft said. 

    “We believe that in the not-so-distant future, the metaverse will play a key role in providing new ways of connecting. Today we are announcing several ways we are partnering with Meta to provide customers with more choice and security as they venture into the metaverse.”

    Meta avatars in meetingPhoto: Meta

    Zoom integration expected early 2023

    Meta said that a Zoom integration is expected in “early in 2023” in a bid to give consumers and businesses “more options” on how they choose to communicate and show up in the metaverse. 

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    The difference between trading assets and CFDs
    The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
    You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
    CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
    CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
    Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that Capital.com believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

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