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The Latest Breaking News from metaverse

The end of the pandemic brought about a reversal in consumer behavior and preference, which became a bane for Meta Platforms, Inc. (META) but a boon for trivago N.V. (TRVG). Continue reading….

StockNews.com

Disney CEO axes metaverse unit and almost everyone in it, with another 6,950 cuts to go

Bob Iger once said the tech would democratise the internet, but apparently it's not right for Disney.

PC Gamer

5 Years Ago, Steven Spielberg Made His Most Misunderstood Sci-Fi Movie Ever

'Ready Player One' is no deep thinker, but it's not our glorious Metaverse future either.

Inverse

From analysis to the latest developments in health,
read the most diverse news in one place.

Disney Dumps Metaverse Aspirations. That Was an Easy Decision

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

Barchart

Bob Chapek’s Metaverse Unit Gets Whacked Amid Disney’s Mega-Cuts

The ‘Next Generation Storytelling and Consumer Experiences’ division was one of the former Disney CEO’s pet projects

Broadcasting & Cable

This could be the most pointless Microsoft Teams meeting update yet

“Metaverse” avatars in video conferences still look terrible and are ultimately embarrassing, please stop developing them, everyone.

TechRadar

Disney joins Microsoft and Snapchat as latest big-name company to slink away from metaverse ambitions

Companies are moving away from the nascent industry as regulators increasingly scrutinize crypto and the buzz around A.I. rises.

Fortune

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Comic Relief launches metaverse fundraiser to fight poverty

Can playing more Roblox make your kids more philanthropic

The Independent UK

SMFG takes plunge into metaverse with gaming

Sumitomo Mitsui Financial Group, Inc. (SMFG) is venturing into the metaverse by leveraging gaming into its business strategy.

The Japan News/Yomiuri

Here's the week's top metaverse and NFT news

The IRS said it's considering whether to tax non-fungible tokens as it does gems or artwork.

Fortune

Apple VR is a huge threat to the metaverse, claims Epic Games CEO Tim Sweeney

Epic Games CEO Tim Sweeney claims that Apple "Apple "will either try to crush the metaverse or extract all the profit from it" in a new interview.

iMore

Epic unveils Fortnite Creative 2.0 using new Unreal editor

Epic revealed Fortnite Creative 2.0 during its GDC 2023 presentation, alongside a new Unreal editor to further its metaverse ambitions

USA Today Sports Media Group

The Apprentice 2023 winner announced after gripping all-female final

In the final episode of the 2023 series, Marnie and Rochelle were tasked with creating a new brand for their company, producing a digital billboard, directing and editing a television advert and designing a metaverse

Daily Mirror

TMX picks Bangkok for metaverse base

TMX Global, an Australia-based supply chain transformation consultancy, has selected Thailand for the global launch of its "TMX Metaverse", an industry-first solution in terms of distribution centre design and virtual technology.

Bangkok Post

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TV Tech

Summit Preview: Explore the Metaverse with Chris Pfaff

Veteran media technology expert Chris Pfaff will talk with TV Tech Editor in Chief Tom Butts about our virtual future

StockNews.com

2 Tech Stocks You Should Buy and Never Sell

While macroeconomic challenges have marred the technology sector’s performance, its long-term prospects look promising, with rising demand for advanced technologies. So, popular technology stocks Cisco Systems (CSCO) and Nokia (NOK) could be worth buying for the long term. Keep reading.

Bangkok Post

Tencent Cloud introduces ‘Metaverse Solutions Suite’

The rapid evolution of digital technology has resulted in a stronger connection between the virtual and real worlds. Many organisations have begun to seek opportunities by developing platforms connected to the metaverse, allowing businesses to create unique user experiences.

IT Pro

Accenture bolsters industrial AI services with Flutura acquisition

Professional services giant Accenture has announced the acquisition of Flutura, an industrial artificial intelligence (AI) company based in Bangalore, India. The acquisition strengthens Accenture’s own industrial AI services, as it looks to boost the performance of plants, refineries, and supply chains, as well as help clients hit their net zero…

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Evening Standard

OPINION - The metaverse might be unpopular, but haptics might change that

Many believe the future will be about haptics

Inverse

HTC’s New Vive Tracker Is an Easier Way to Track Legs in the Metaverse

HTC's new Vive Tracker for VR uses cameras and inside-out tracking instead of a separate base station to bring your legs into VR and the metaverse. Will Meta copy with its own leg trackers for the Quest headsets?

Insider UK

Metaverse museums to chemical robot farms - full list of 11 Glasgow innovation projects sharing £100m Levelling Up funding

Project 'will support key economic aims of increasing productivity, delivering inclusive growth and achieving net zero'

GamesRadar

Virtua Fighter NFTs combine "blockchain-based NFTs with three titles from the Virtua Fighter series"

And they will "will serve as a base for future Metaverse avatars"

Inverse

Second Life’s Mobile Metaverse Should be Everything Horizon Worlds Isn’t

Both Second Life and Horizon Worlds are trying to reach new users on mobile, but only one platform has legs.

Fortune

This week in the metaverse: Yuga Labs adds to NFT game, The Sandbox opens a virtual Irish pub, and Silicon Valley Bank spooks Web3 traders

Yuga Labs builds upon Dookey Dash with a new collection, a virtual Irish pub opens in The Sandbox, and Silicon Valley Bank takes a toll on NFT traders.

Axios

Meta's metaverse is on the back burner

The company formerly known as Facebook is talking more about AI than the metaverse these days.

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People

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