Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’
Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, initiated by Animoca and Darewise. Go to Source
metaverse
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Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind … Read more
Europe needs ‘Airbus for the metaverse’ to become global Web4 leader
Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4. Go to Source
This 360 treadmill could make Disney’s metaverse a physical playground
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force. Go to Source
EU touts health benefits for children in the metaverse despite risks
The European Union’s in-house think tanks says the metaverse can help children heal from diseases. Go to Source
Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware
Each company has its own special plans for the Quest mixed-reality device. Go to Source
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion and $99 billion for the fiscal year, attributing the increase to higher … Read more
Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products. Go to Source
Manchester City to release digital collectibles through multi-year partnership with Quidd
The collectibles will include “money can’t buy” experiences such as pitch-side seats for exclusive team training events. Go to Source
Tarantino reportedly wanted to create a metaverse for ‘The Movie Critic’
It was supposed to be his last film but the project has been scrapped. Go to Source