13 / 13 Relevant items tagged with #Metaverse

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Apple Could Be Developing Its Own Metaverse Platform

[Nov 17, 2022 3:00 PM] 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…

Island nation turns to metaverse to preserve its disappearing heritage

[Nov 16, 2022 5:45 AM] The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.

Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration

[Nov 15, 2022 3:15 PM] Once the acquisition is completed, the company said that Beeple will be hired as an advisor for Yuga Labs.

Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025

[Nov 15, 2022 6:30 AM] 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…

Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says

[Nov 15, 2022 4:30 AM] A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states…

Ownership is the future of digital entertainment, says blockchain exec

[Nov 14, 2022 7:54 AM] Web3 technologies are changing the way we engage with various forms of entertainment and ownership is at the heart of it.

Worldwide Webb founder explains the role interoperability will play in Web3

[Nov 11, 2022 6:18 PM] NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.

State-Run Chinese Newspaper Economic Daily Warns Against ‘Betting Big’ on the Metaverse

[Nov 10, 2022 6:30 AM] Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing…

Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’

[Nov 9, 2022 10:30 AM] 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…

Meta joins big tech layoffs, lets go of 11,000 employees

[Nov 9, 2022 7:15 AM] 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.