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John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing regarding its VR (virtual reality) and metaverse … Read more
Microsoft CEO and chairman Satya Nadella had previously stated that the acquisition of Activision Blizzard would “play a key role in the development of metaverse platforms.” Go to Source Powered by WPeMatico
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. Go to Source Powered by WPeMatico
Despite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision. Go to Source Powered by WPeMatico
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way. Go to Source Powered by WPeMatico
Oxford University has opened public voting for the first time with polls set to close on Dec. 2. Go to Source Powered by WPeMatico
Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality world,” for the Technology Development Group, the virtual reality division of … Read more
After lecturing us about crypto regulation, Sam Bankman-Fried’s house of cards collapsed this week as FTX declared bankruptcy. Go to Source Powered by WPeMatico
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital efficient,” and described the next steps … Read more
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history. Go to Source Powered by WPeMatico