Apple is entering the metaverse market with its Vision Pro mixed-reality headset. Apple CEO Tim Cook unveiled the product at the Worldwide Developer Community on Monday. Previous Apple products such as the iPhone and Apple Watch have proved to be
The success of the metaverse depends on the ability of developers to build quality experiences that “millions or billions” want to have. To do that the sector must attract, find, and financially incentivize the very top talent from related industries.
Sandbox founder Sebastian Borget has described the metaverse race as a ‘marathon of many sprints,’ as the industry moves beyond the hype cycle to build real value. Borget remains bullish on the sector and sees opportunities for AI to play
Major brands including American Eagle and Gucci are considering how a Chief Metaverse Officer can strengthen their company as the sector matures beyond FOMO and into creating real value. Some companies are re-examining how they define the role while others
Nevada man Bryan Lee has been charged with crimes involving CoinDeal, a so-called metaverse cryptocurrency that was actually an investment fraud scheme. The company is said to have defrauded investors of $45 million between 2018 and 2022. CoinDeal Scam The
A metaverse ETF that bet big against Meta is closing down after recording a 30% loss in just 15 months. Meanwhile, Meta stock is up 96.7% on the year. No wonder Mark Zuckerberg’s personal wealth is rocketing. Punk is dead
The media savaging of Meta CEO Mark Zuckerberg seems to never end. But in the haste to fire shots at Zuckerberg, the metaverse has taken more than a few stray bullets. Here are some of the most recent examples. Death
Reality singing competition and TV show ‘The Voice’ is throwing open the virtual door and inviting fans to enter. From May 12, fans of the show will be able to enter the competition through VR. The latest event follows a successful
Team members at NFT lending protocol ParaSpace have accused project founder Yubo Ruan of withholding corporate funds worth millions of dollars. In March, ParaSpace recovered $5 million from a platform hack – but the team now claims Ruan kept the
Chinese multinational Alibaba is partnering with layer-1 blockchain provider Avalanche to help third-party businesses launch in the metaverse. The announcement came on Thursday last week as part of the Avalanche II summit. The event took place over three days in
Job cuts at Meta are proving successful for shareholders, with Meta’s share price having doubled since the start of the year. Mark Zuckerberg, who owns 13.4% of the company, is one of the major beneficiaries of this policy. Thanks to
High-profile industry veterans are quitting their posts in gaming to join Yuga Labs and build the Bored Apes metaverse Otherside. Mike Seavers is Yuga Labs’ latest recruit, leaving Epic Games to take on the role of CTO on May 22.
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