The Shiba Inu team released a trailer for its much-awaited Rocket Pond, a new destination in the protocol’s upcoming metaverse. The video provides a sneak peek at the hub’s design and features, and encapsulate “the feel of a hidden resort
Employees working on Meta’s metaverse project are reportedly not as enthusiastic about using the company’s virtual reality (VR) headsets for work meetings, or anything else, Bloomberg reports, citing 11 current and former employees. The workers, who refused to be named,
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
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
The Chinese metaverse is no fun. Under the strict supervision of government officials, the virtual world is relentlessly focused on industry and healthcare. In fact, the Chinese Communist Party (CCP) has even gone as far as to issue a state-backed
The metaverse either represents the next frontier of technology – or it’s already dead in the water. There is no between. At least, that’s what we’re led to believe if we read op-eds about the metaverse, which generally leave no
Meta, the parent company of Facebook and Instagram, has once again reiterated its belief in the potential of the metaverse as the next big thing in computing. In a virtual press conference held on Wednesday, Nick Clegg, the ex-Liberal Democrat
This past weekend Yuga Labs, the owner of popular NFT collection Bored Ape Yacht Club, hosted the ‘Second Trip’ to its Otherside metaverse, with thousands of users taking part. The maiden journey to the Otherside metaverse took place last July
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
Chinese technology giant Tencent Holdings is reportedly culling staff at its extended reality (XR) unit and folding plans for virtual reality (VR) hardware. It joins a host of Big Tech to have cut, or abandoned, spending on the metaverse as
Interest in the metaverse exploded when Facebook founder Mark Zuckerberg changed the name of the social media company to “Meta” in 2021, a rebrand that focused on building the metaverse. Since then, a lot has happened in the space. MetaNews
The International Criminal Police Organization, or Interpol, is looking at ways to police crime in the metaverse, according to secretary general Jurgen Stock. However, the agency may find that to be hard in the absence of a universally agreed definition
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