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Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses, delivery times, and the carbon footprint of … Read more
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan Asset Management and Kiwoom Securities. Microsoft Backs Korea-Based Gaming … Read more
EY, one of the “big four” accounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences, allowing customers to interact in VR environments. EY Steps Into the Creative Metaverse EY, … Read more
Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. … Read more
Disney’s CEO said the company doesn’t tend to use the word metaverse, as it believes it’s a very broad term. Go to Source Powered by WPeMatico
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications. … Read more
Decentralized systems are slowly putting power back in the hands of developers and users — and taking it away from Big Tech companies. Go to Source Powered by WPeMatico
A suite of Microsoft products will feature in Meta’s new Virtual Reality headset, with Meta CEO Mark Zuckerberg calling it the “virtual office of the future.” Go to Source Powered by WPeMatico
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin. Go to Source Powered by WPeMatico
From ubiquitous surveillance to negative interest rates, crypto is giving dictators and global corporate leaders new ways to intimidate, oppress and subjugate humanity. Go to Source Powered by WPeMatico
