Tim Sweeney, the CEO of video game and software developer Epic Games, is a big believer in the metaverse – but thinks Apple will try to either crush it or “extract all the profit from it.” Sweeney made the comments during
A dedicated hub for metaverse-centric startups has opened in the West End of London. Huckletree’s 22,000 square-ft office, located at 213 Oxford Street and spread across two floors, is the company’s fifth hub in the UK capital and the first
Kids’ favorites Lego and Thunderbirds are set to join the metaverse, having recently signed partnership deals with Epic Games and Sandbox respectively. At the same time, collectibles game Pokémon is seeking an expert in blockchain, NFTs, and the metaverse to
Meta’s recent decision to slash the cost of its flagship VR headsets, Quest 2 and Quest Pro, has many wondering whether its ambitious metaverse vision is doomed to failure. Particularly in light of how much money the company has already
A new survey conducted by Yahoo has sought to understand consumer expectations of the fast-growing metaverse scene. The study gleaned insights from the responses of 15,000 users in the APAC region, covering Australia, New Zealand, Japan, Taiwan, Hong Kong, and
Some of Japan’s leading companies have joined forces to collaborate on a project dubbed the Metaverse Economic Zone. The venture will focus on creating an ‘open metaverse infrastructure’ through pillars such as interoperability, gamification, fintech and information communications technology (ICT).
Yesterday, the gaming world had the chance to get to grips with PlayStation VR2, the console giant’s long-anticipated follow-up to its original VR headset released in 2016. While that device reportedly sold five million units, the VR space has come
A new report by immersive media company Everyrealm has shined a spotlight on young people’s use of technology. The “Immersive Media Market Report” suggests members of Gen Alpha (born after 2010) and Gen Z (born in the mid-to-late 90s) prefer
New work by University of California Berkeley researchers suggests that privacy in the metaverse may be an impossibility. The report will come as a blow to metaverse maximalists who have long claimed the technology represents a bold new frontier for
Metaverse maximalists often remark that virtual worlds represent our collective future. Last week, that vision gained credence with the news that a Colombian court has held a judicial hearing in virtual reality. The February 15 hearing, which was presided over
Popular open-world gaming platform Roblox saw its stock pump this week, after fourth-quarter results were deemed better than expected. The VR project published Q4 results on Wednesday, revealing year-over-year growth of 21% when controlled for inflation. Even when uncontrolled, the
The Royal Navy, an organization that helps stabilize the sea which keeps the maritime trade that is the lifeblood of the United Kingdom’s economy flowing announced that it has entered the metaverse with 3D virtual reality (VR) simulators to help train
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