Tag: Metaverse

American tech giant Meta Platforms Inc has slashed its metaverse innovation budget by 20% in view of important Earnings Call

Google recently downsized its AR/ER teams, while Magic Leap is often remembered for the underwhelming performance of its initial AR headset.

A WEF report reveals that an overwhelming 92% of US manufacturing executives are actively exploring various applications of the metaverse.

USDC issuer Circle has inked a partnership with Overdare to boost the metaverse industry, aligning with the mission to drive Web3 growth

Singapore Bank DBS has unveiled a metaverse strategy to help in tackling global food wastage in a first of its kind move

Meta Platforms Inc have recorded a very massive loss of $3.7 billion in its metaverse division in Q2, still plans to double down efforts

The Hong Kong Police Force has embraced the Web3.0 technology in its fight against crimes as it launched the CyberDefender Metaverse

Animoca Brands CEO has denied a recent report that it is cutting back on Metaverse funding by 20% ($200 million)

The adult industry is an excellent proof of concept for the benefits of blockchain technology, which is centered on security, empowerment, protection, and eliminating bias. With blockchain, transactions in a decentralized peer-to-peer marketplace can be executed securely and confidentially under a pseudonym, instilling user trust. These unique features are essential for every market, especially as […]

Chinese tech giant Tencent is pulling back its metaverse plans to roll out its virtual reality (VR) hardware per harsh economic conditions

Nokia best known for its mobile phones has established Metaverse Labs to investigate the possible applications of the Metaverse

The Sandbox, a metaverse gaming platform has inked a partnership deal with Saudi Arabia to promote metaverse-related projects

Paris Hilton, an American socialite and media personality has discussed the Metaverse and Non-Fungible Tokens (NFTs)

BMW is on track to take the metaverse world by storm as it has partnered with Coinweb and BNB Chain to push renewed customer loyalty program

Fidelity has filed trademarks for an NFT marketplace, financial investing services, and cryptocurrency trading in the metaverse.

The Argentina Football Association has partnered with Upland as it looks to make its move into the metaverse

Mercedes-Benz Group AG has filed five trademark applications related to the metaverse and NFT with the US Patent and Trademark Office.

Meta's Reality Labs’ CTO Andrew Bosworth stated that the company might allocate 20% of its 2023 budget toward its metaverse business.

July 21, 2024

Having being in search of a name for the forthcoming Chang..

Kraken Institutional has announced the expansion of its Kraken Custody services..

WazirX has responded to its recent breach by launching a bounty..

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