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The Latest Breaking News from metaverse

Bank Of England Warns On Metaverse Growth: Could Cause 'Financial Instability'

The growth of an open and decentralized metaverse may scale up the existing risks from crypto assets and could cause financial instability in the real world, according to the Bank of England.

Benzinga

Online marketplace The Edit Ldn is opening a metaverse sneaker store

The store will launch in Bloktopia with an NFT and IRL sneaker.

Input

2 Rock-Solid Gaming Stocks to Buy and Hold

During the pandemic, the video gaming industry witnessed an upsurge in consumer demand for online games and consoles. Despite the reviving interest in outdoor games, new offerings and emerging technologies in this space will likely help maintain the industry’s momentum. Therefore, it could be wise to buy and hold quality…

StockNews.com

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Immortality in the Metaverse

The metaverse platform Somnium Space plans to let its users' personas live on.

Reason

'We Met In Virtual Reality': HBO documentary offers a flawed vision of the metaverse

HBO's groundbreaking documentary on life in virtual reality is a great introduction to newcomers but ignores the active issues facing VR platforms.

Inverse

Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks

Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also had a lot to say on other topics such as cryptocurrency and recession.

Benzinga

Partnership unveils education metaverse

Tech startup Creative Digital Living is joining forces with 17 Thai universities and other partners to build a metaverse education community to revolutionise the country's education industry by leveraging the power of the virtual technology.

Bangkok Post

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Ajax ahead of the cardboard curve as Everton get lost in the metaverse

In today’s Fiver: Ajax take a welcome stand, Richard Keys hops on the England bandwagon and Discomister’s time has come

The Guardian - UK

Not human, but humane

Kati posted photos of herself in four provinces -- Tak, Trat, Satun and Ubon Ratchathani -- on the same day. Meanwhile, Wunni appeared in an ad with short hair, and the next day, she was in a commercial with long hair.

Bangkok Post

Everton to create digital shirts for supporters to wear in the Metaverse

The initial Everton-themed collection will be available later this year

Birmingham Post

Cathie Wood Calls The Bottom, Buterin Says Meta Will 'Misfire' On Metaverse, Musk Hits Back With Countersuit Plus 5 Key Stories You May Have Missed This Weekend

Here's a recap of a few major headlines that hit the wire over the weekend.

Benzinga

Pearson boss eyes NFT textbooks as next revenue stream

The CEO said the company has set up a team dedicating to working on the metaverse.

Evening Standard

Understanding The Challenges Plaguing The Metaverse And Navigating Through The Cacophony

Crypto enthusiasts and investors alike are going gung-ho about the Metaverse like it is the largest societal disruption that civilization has ever seen, even as the globe continues to deal with the COVID-19 pandemic's effects.

Benzinga

Meta Can't Buy V.R. Fitness Company, Must Make Its Own Competing App, Says FTC

Plus: A rebranded "Build Back Better," the two-party system creates "a disconnect between elites and non-elites," and more...

Reason

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Chronicle Live

Newcastle LooseFest Metaverse offers unique opportunity to explore Town Moor festival site before weekend opening

Here's how festival-goers enter the Metaverse and see the whole LooseFest site in Newcastle - in 3D or VR - so that they can learn the layout in advance and explore what's on offer

Asharq Al-Awsat

Facebook's Meta Posts First-ever Revenue Drop

Facebook-parent Meta reported on Wednesday its first quarterly revenue drop and a plunging profit as the social media powerhouse battles a turbulent economy and the rising phenomenon of TikTok.

Axios

Meta posts its first-ever quarterly revenue decline

The company faces competition, regulation and the cost of its metaverse pivot.

Benzinga

The Metaverse Is Not the Future. It's Already Here.

By Eran Elhanani One day you won't be able to imagine a world without the metaverse, and that day is today.

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Input

Gucci and Balenciaga owner enters the metaverse with KNXT project

So far, Kering’s project offers multiple digital drops to be tested by consumers online.

Benzinga

Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy

Key Takeaways: Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017 Gains in revenue and profit have been steady but the low-margin AR/VR marketing services division could dent future margins By Ken Lo

Bangkok Post

A brighter future for Thailand's past

Every year brings Thailand a new buzz phrase that academics, officials and the news media chant like a mantra hoping that it will unlock a better future. Digital hub. Smart city. The metaverse.

Input

Facebook pivots away from news after shoving it in our faces for years

Execs are chasing influencer and metaverse profits instead.

Los Angeles Times

Is Hollywood ready for the 3D internet? Big questions with 'Metaverse' author Matthew Ball

LOS ANGELES — Whether you like it or not, the metaverse is coming. Hollywood had better get ready.

The Hindu

Of metaverse weddings

The pandemic has given a full shake-up to the traditional ceremony

StockNews.com

Jump on the Metaverse Bandwagon With These 3 Stocks

Dubbed as the next big thing in the tech space, the metaverse’s immense growth prospects are driving tech giants to jump on the metaverse bandwagon. Therefore, it could be wise to invest in popular metaverse stocks Autodesk (ADSK), Microsoft (MSFT), and Rimini Street (RMNI). Read on….

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