Metaverse

News

Mumbai Launches Metaverse Initiative to Showcase Infrastructure Projects

The Mumbai Metropolis Metaverse platform allows all the local citizens and other interested people to explore both newly launched and upcoming infrastructure projects in 3D or virtual reality (VR).

News

EU Lawmakers Call For Metaverse Strategy

The European Parliament Committee wants the EU to lead metaverse development and reduce the bloc’s technological dependency.

News

Meta Focuses on AI Investments

Meta Platforms CEO Mark Zuckerberg, during a telephone conversation with analysts about the company’s earnings for the third quarter of 2023 last Wednesday, October 25, stated that financial injections into artificial intelligence would be a priority for the technology giant as part of its investment activities, noting that in the relevant aspect, the main issues […]

News

Walmart Launches Virtual Experience in Roblox

Walmart Discovered is a new Roblox-based virtual experience with a new monetization system for community creators

Blockchain & Crypto

China Aims to Expand Government Control To Metaverse

China is reportedly looking to implement a system with digital IDs and real-world punishments for actions in the Metaverse

News

Futureverse Raises $54 Million

Futureverse company, which is a business structure consisting of 11 startups of various specializations, including blockchain, metaverse, games, and artificial intelligence, has raised $54 million in investment funds.

News

Meta Launches Subscription Service on Games for Virtual Reality Headsets

Meta has announced the launch of a new game subscription service for virtual reality (VR) headsets.

Science & Technology

Meta Introduces AI Model With Speech Generation Capabilities

Meta Platforms has presented a new model of generative artificial intelligence, which is capable of generating speech.

News

Mark Zuckerberg Shares AI Products to Reassure Workers of Strategy

The chief executive officer of Meta Platforms, Mark Zuckerberg, tried to reassure the company’s employees about the prospects for implementing the current development strategy of the technology giant, which provides for the concentration of significant forces and resources on activities related to the introduction of artificial intelligence.

Science & Technology

Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira

Apple aims to expand a range of virtual reality products, such as its new Vision Pro VR headset that supports Optic ID, with the acquisition of AR startup Mira, which provides hands-free, smartphone-powered headsets purpose-built for industrial applications

Science & Technology

Cybersecurity Trends for 2023: From Zero Trust to Cyber Insurance

It’s time to prepare for what’s to come in the world of cybersecurity. Last year has been marked by an alarming increase in phishing scams, cyberattacks, data breaches, and crypto heists. Additionally, we’ve witnessed a surge in hacktivism cases involving state-sponsored cyber groups disrupting critical infrastructure, defacing websites, launching DDoS attacks, and stealing sensitive information. […]

Science & Technology

Meta Says Generative AI and Metaverse to Evolve Together

The Reality Labs division is still not close to leaving the category of unprofitable enterprises, but for Meta, this state of affairs is not a reason to abandon the implementation of the Metaverse concept, even taking into account the fact that all efforts, according to experts, in this case, are concentrated on not too far-sighted […]

Blockchain & Crypto

Hugo Boss Adds NFC Tags to Headwear for Digital Twins Creation

Hugo Boss added equipped a selection of baseball caps with an NFC tag that enables purchasers to create NFT digital twins and dress their metaverse avatars

News

JPMorgan Funds Metaverse Payments Platform Tilia

A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments

Blockchain & Crypto

Nissan Tries New Sales Avenues With Four Web3 Trademarks

Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse

Blockchain & Crypto

South Korea Launches Metaverse Fund

The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country