Midas Investments is shutting down as a decentralized finance platform and pivoting to so-called CeDeFi, a hybrid type of structure that combines centralized finance (CeFi) and DeFi. The decision is significant. It could indicate the direction that the decentralized finance
Amazon Inc has agreed to a deal with European Union (EU) antitrust authorities to address concerns over of how non-public data undermines rivals and pledged to treat all sellers equally. Also read : Video Gamers file lawsut against Microsoft Activision
Spain’s Ministry of Culture and Sports will direct EU grant money to invest €8 million ($8.5 million) in developing video games and the metaverse. Spain’s “Recovery, Transformation, and Resilience Plan” is a program of investments designed to incubate and accelerate
Honda has announced that it is using advanced virtual reality (VR) technology to develop future products, including the full-electric 2024 Honda Prologue and the 2023 Honda Pilot. The automaker says that VR has become a critical tool for its designers
The Line is a $725 billion futuristic self-contained city which will house nine million residents – about three times Namibia’s population. The Line is perhaps one of the most excitingly outrageous architectural ideas to be born through experiments by an
One of the main arguments against the JPCA bill is that it would establish a “cartel-like entity” among publishers, giving them control over the distribution of news. This, in turn, could lead to partisan media coverage, as companies might be
Satya Nadella, CEO of Microsoft, revealed his vision for the metaverse at the company’s Q2 2022 earnings call. Overall, the company’s Q2 2022 filing showed a significant increase in cloud-based services. Microsoft reported $51.7 billion in revenue, a 20% increase
Style.me, the industry-leading 3D fashion technology company, has launched a new innovative offering that enables designers to become metaverse-capable creators. In addition this latest step extends the company’s solutions into the world of digital fashion and NFTs. Moreover building on
At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. Along with the NFT TVs, Samsung debuted a virtual reality experience within
As “metaverse” became the buzzword of 2021, Chinese tech giants are also looking for opportunities in what might be the next phase in the Internet’s evolution. The company’s annual developers’ conference, Baidu Create 2021, took place last month in Xirang,
Many big techs start to see this revolutionary concept as their next direction of development. Meta’s new ‘Metaverse’ depicts the latest development in that segment. Through the inclusion of virtual reality content in real life, so called augmented reality, both
ESE Entertainment Inc. has signed a framework agreement with Skinwallet S.A. to develop technological and marketing solutions connected to Skinwallet’s gaming, esports, blockchain, NFT and related services and events. MetaNews. Skinwallet is a technology company that focuses on blockchain, NFT
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