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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
BMW and Porsche have both recently ramped up their own Web3 plays, while Baby Shark is dipping into the blockchain gaming sector, but just for kids. 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
As the metaverse becomes a place to hang out, more large-scale events will pop up to entice users into digital reality. Go to Source Powered by WPeMatico
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Go to Source Powered by WPeMatico
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear. Go to Source Powered by WPeMatico
Entertainment and electronics giant Sony has recently completed the acquisition of Beyond Sports, a company specializing in using real-world data to produce 3D animation. With this purchase, the company is now reportedly able to offer a full metaverse experience for sports matches, complete with tech from other companies already in its portfolio. Sony’s Beyond Sports … Read more
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms are already being used by millions.” Deloitte’s Metaverse Study A new … Read more
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech, will allow the users to enjoy a metaverse-like view of the event, and will also give Chinese companies a chance to hone their implementations of … Read more
Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies. Go to Source Powered by WPeMatico
