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Facebook Has Lost $1 Billion Every Month On VR Since June 2022


Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

Meta introduces VR to classrooms in Metaverse expansion effort


Meta, the innovative leader in virtual reality (VR) technology, is planning to launch its product, which uses VR technology to enhance educational settings. This choice is consistent with Meta’s vision to introduce the interactions of the metaverse into our daily activities despite...

Twitch Bans Using ‘Intimate’ Body Parts As Green Screens


Amazon-owned livestreaming platform Twitch has disciplined content creators again. Just as a new meta began dominating the site earlier this month, in which streamers started playing games like Fortnite on green-screened boobs and butts, Twitch has updated its Terms of Service to strictly prohibit...

Netmarble and The Sandbox launch Meta World: My City NFT collection


Netmarble, the preeminent mobile gaming company in South Korea, has just unveiled the <Meta World: My City> NFT collection, its latest foray into the realm of digital collectibles. This innovative partnership with The Sandbox, which was officially published on The Sandbox Marketplace...

DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam


Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...

Twitch Streamers Are Playing Games On Boobs And Butts


There’s a new way to watch broadcasts on Twitch, and it’s not just pulling up a livestream on your monitor or TV and calling it a day. No, actually it’s a sort of Inception situation, where you’re now watching something like Fortnite projected onto a green screen of either boobs or butts. If that...

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