Metaverse
Chinese corporations offer metaverse World Cup viewings, X2Y2 backtracks on royalties, and more.
China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the metaverse. Video streaming platform Migu is one of six Chinese firms that has secured the rights to show the World Cup. The efforts are part of a five-year plan released by the Chinese government in early November to boost the local virtual reality industry.
Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse
Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits
Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet
OMA3 has established working groups to start developing standards between metaverse platforms
FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.
Visa Files Trademark Applications for Crypto Products, Including NFTs
Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.
Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research
A new survey is projecting the market value of the global automotive market at $1.9B by 2030
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
INTERPOL Creates a Global Police Force in the Metaverse to Combat Digital Crimes
Interpol to create a new metaverse unit as it looks to combat online crime in grand style
Flipkart Introduces Avenue for Indians to Shop in the Metaverse
Flipkart has launched the Flipverse campaign to enable to Indians shop in the metaverse
MLB is Looking to Hire an Expert to Expand its Metaverse Presence
The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space