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Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech
3.12.2022
Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with tech supplied by Touchcast and Microsoft, aims to make the virtual process of reviewing a car more...
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...
Metaverse is a new frontier for earning passive income
28.11.2022
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear
'Metaverse’ a top 3 contender for Oxford’s Word of the Year
23.11.2022
Oxford University has opened public voting for the first time with polls set to close on Dec. 2
Chinese Platforms to Test Metaverse Tech During Qatar World Cup 2022 Broadcasts
21.11.2022
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech, will allow the users to enjoy a metaverse-like view of the event, and will also give Chinese...
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
21.11.2022
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products
Apple Could Be Developing Its Own Metaverse Platform
17.11.2022
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 in the development of a “3D mixed-reality...
Bob’s Burgers Nails How Virtual Reality Can Be Terrible, Sometimes
16.11.2022
In 2022, virtual reality can be an amazing experience. It can transport you to brand-new worlds or let you meet and socialize with thousands of people from around the globe. However, even after years of improvements, VR can still be a very messy, hard-to-explain, and often annoying experience, too....
Apple job listings and patents hint at foray into ‘3D mixed-reality world’
15.11.2022
A “mixed-reality world” by Apple could be fast approaching as recent job openings show the tech giant is hiring a number of engineers with AR and VR experience
Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation
4.11.2022
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens...
ZoidPay Announces the Launch of ZETA, the First on-Demand Metaverse
1.11.2022
PRESS RELEASE. 1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. What is ZETA? Integrating Augmented Reality (AR), Virtual Reality (VR)...
Metaverse losses top $3.6B for Meta with spending set to increase
27.10.2022
The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year
Nokia Believes the Metaverse Will Replace Smartphones in the Future
25.10.2022
Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses, and will allow users...
Mark Zuckerberg reveals legs coming to virtual reality metaverse
12.10.2022
Mark Zuckerberg sparked numerous discussions after revealing the release of feet for Meta’s virtual reality metaverse. The announcement was made at the 2022 annual Meta Connect developer event. The feature was shared a year ago when Zuckerberg talked about the future of Meta (earlier Facebook.)...
Microsoft and Meta partnership brings Office 365 apps to the Metaverse
12.10.2022
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.”
Can the Metaverse exist without blockchain?
20.9.2022
Read this article to understand why a metaverse can thrive and scale better on blockchain rails
The metaverse is the future — but are current platforms failing users?
7.9.2022
As things stand, many big brands and A-list celebrities are scrambling to get involved with the metaverse — but the platforms in the market are failing to meet the moment
Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets
6.9.2022
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual reality tasks, to design and manufacture silicon to be put in the next...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
6.9.2022
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with...
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...