VR – DIGIT INFO

Metaverse tech gets US greenlight to use speedier 6GHz frequency

DIGIT — Fri, 20 Oct 2023 01:43:12 +0000

The United States Federal Communications Commission made the decision amid a flurry of mixed reality devices that are hitting the market.

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Meta Q2 earnings: Reality Labs losses top $7.7B year to date

DIGIT — Wed, 26 Jul 2023 23:30:04 +0000

Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022.

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‘Extended reality’ to create 860K jobs by 2025: EU Commission

DIGIT — Wed, 12 Jul 2023 02:56:54 +0000

The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse.

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Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm

DIGIT — Sat, 04 Feb 2023 08:30:01 +0000

Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built in partnership with Google and Qualcomm. […]

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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

DIGIT — Thu, 02 Feb 2023 01:12:27 +0000

During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy.

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NBA Extends Partnership With Meta to Bring Basketball Games to the Metaverse

DIGIT — Thu, 26 Jan 2023 21:30:14 +0000

The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be enjoyed using VR (virtual reality) tech, using Xtadium, a co-viewing platform. Five of these games will be presented in a more immersive way for Horizon […]

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Nifty News: Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more

DIGIT — Wed, 25 Jan 2023 07:09:47 +0000

Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community.

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Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more

DIGIT — Fri, 20 Jan 2023 05:57:23 +0000

Donald Trump’s NFT collection started out strong but then started looking lifeless up until a few days ago.

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Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India

DIGIT — Tue, 03 Jan 2023 09:30:45 +0000

Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti Suzuki Cars online or via authorized […]

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Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs

DIGIT — Tue, 20 Dec 2022 11:00:25 +0000

Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company is still committed to its metaverse pivot. […]

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