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Metaverse book gets boring rename in latest sign of waning enthusiasm
21.7.2024
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3
Metaverse book gets boring rename in latest sign of waning enthusiasm
21.7.2024
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs
Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
29.6.2024
The new holographic display could give NFTs the Pokemon Go treatment
Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware
25.4.2024
Each company has its own special plans for the Quest mixed-reality device
AI Tokens Up After Meta Beats Analyst Expectations
2.2.2024
Mark Zuckerberg's Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023
MultiversX eyes Metaverse scalability as CEO sheds light on spatial computing
19.10.2023
The MultiversX CEO discussed the recent interest of Meta and Apple in the metaverse domain and analyzed their respective approaches
‘Already explored’ — Apple Vision Pro unable to impress Mark Zuckerberg
9.6.2023
Zuckerberg highlighted divergent philosophies, with Meta emphasizing a social metaverse while Apple's device seemed designed for solitary use
Top Metaverse property investments suffer massive losses: Report
27.5.2023
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year from January 1, 2022, to May 24, 2023
Metaverse ETF PUNK closing after betting against Meta's vision
18.5.2023
Subversive Capital cites losses as it shuts down PUNK ETF and the company pivots to artificial intelligence
Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’
10.5.2023
Epic Games CEO Tim Sweeney made fun of a recent Business Insider article suggesting the Metaverse had run its course
China's Metaverse Geared Towards Work and Health – Is This the Future?
27.4.2023
As Meta and other Western tech giants seek to create virtual worlds for consumers in the metaverse, China is taking a different approach.
The Chinese government is backing technologies that it sees as strategic and setting rules to govern what can go on in cyberspace. Rather than creating...
Disney Closes Metaverse Division, 50 Laid Off in Company-Wide Staff Reduction
28.3.2023
Disney has pulled the plug on its metaverse division, eliminating the entire team of 50 people tasked with exploring ways to tell interactive stories in new technological formats.
According to a Monday report by the Wall Street Journal, the layoff is part of a broader restructuring plan that will...
To be or not to be: Ethics, democracy and morality in the nascent metaverse
27.3.2023
If human interactions in digital reality should mimic those of real life, this raises questions as to what and who will dictate important moral judgements and ethical standards
Metaverse brings new problems and opportunities to music licensing
22.3.2023
With the rising popularity of Web3 and the metaverse, songwriters and musicians are wondering what music licensing will look like in this new space
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
16.3.2023
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most...
Death in the metaverse: Web3 aims to offer new answers to old questions
8.3.2023
As contemporary society continues to digitize, life in the metaverse raises the same timeless questions about what happens after death
EU Commission to ensure 'healthy competition' in the Metaverse
8.3.2023
Margrethe Vestager, the executive vice president of the European Commission, stressed the need to anticipate and plan for changes in technological advancements
First Mover Americas: Liquity's Token Leaps on Binance Listing
28.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement
28.2.2023
Metaverse project Gamium’s native token GMM has surged by 340% to $0.0025 after it announcement collaboration deals with Meta and Telefonica