European Union Commissioner Yvo Volman says any future regulation of the metaverse must prioritize user safety, data privacy and non-discrimination. He spoke as new research suggested privacy in the metaverse might be a hard thing to achieve. The European Commission,
Proper legislation is necessary to resolve legal disputes related to trademarks, patents, and intellectual property in the metaverse, according to experts. Businesses should ensure their trademarks are protected in the new virtual world and make sure unique assets are also
New York-based financial services group BlackRock has launched a thematic equity fund aimed at tech companies molding the development of the metaverse. The fund is linked to Morningstar Global Metaverse & Virtual Interaction Select Index, which selects constituents from a
MetaNews was asked to provide sensitive information including personal documentation and biometric data when signing up for the Sandbox metaverse. With the possibility of users’ every move being tracked in the virtual realm, the attachment of such personal information raises
Luxury goods company Hermes International won a U.S. lawsuit against “MetaBirkins” NFTs creator Mason Rothschild – a ruling that could have massive implications on how items are bought and sold in the fledgling metaverse economy. The 186-year old French multinational
Artificial intelligence (AI) is poised to accelerate the creation and development of the metaverse, with multiple companies including Nvidia, Google, and OpenAI creating AI-powered 3D tools. The public is already familiar with chatbots and AI-image generators, both of which can
Shiba Inu (SHIB), the popular dog-themed meme coin that started as a joke, will showcase its developing immersive metaverse experience at the upcoming Southwest Film and TV festival (SXSW) in Texas in the U.S. It comes as the creators of
Evrthn.com (pronounced everything) is a new search engine targeting the metaverse with a promise to deliver more detailed search results, particularly for non-text metaverse (XR) content. This is an area in which dominant competitor Google is considered to be lagging.
Singapore is emerging as a hub for the Metaverse as global companies are attracted to the country to establish web3 businesses, presenting a significant opportunity for local talent. Singapore, known as a finance and tech hub, is now positioning itself
Asset manager Fidelity Investments has applied to trademark financial investment services and a non-fungible token (NFT) marketplace in the metaverse, according to new filings made in the U.S. The filings show that Fidelity also intends to trademark a cryptocurrency trading
Chinese metaverse entrepreneurs are turning to overseas markets as the strict regulatory landscape back home is pushing them away. World over, metaverse and Web3 have become the buzzwords with tech companies and entrepreneurs scrambling for exciting business opportunities. Parent firm
The metaverse has become the hottest ticket in exchange traded funds (ETF), with 35 metaverse-themed vehicles launched. This is according to data released by Morningstar, who further claim that metaverse funds are the most popular sub-theme of ETFs ever. Follow
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