Metaverse

Reuters reports Tencent scaling back metaverse hardware projects

Tencent has decided to downsize its plans for virtual reality hardware in the metaverse, according to a report by Reuters. The move resulted in headcount

February 17, 2023

Paris Hilton is expanding her ventures into the metaverse with the launch of "Parisland."

Paris Hilton Unveils Virtual Romance Destination ‘Parisland’ in The Sandbox Metaverse

Paris Hilton, the American socialite, businesswoman, and media personality, is expanding her ventures into the metaverse with the launch of “Parisland.” This dating experience is

February 10, 2023

The Sandbox and the Saudi Arabia Digital Government Authority (DGA)

The Sandbox and Saudi Arabia Join Forces for Metaverse Development

The interest in metaverse development in the Middle East region was emphasized at the recent LEAP conference in Riyadh, Saudi Arabia, where key players in

February 8, 2023

Interpol to Monitor Crime in the metaverse

Interpol to Tackle Crime in Metaverse: Secretary General’s Statement

Interpol is taking steps to police the metaverse, a new digital space, to combat cybercrime. The International Criminal Police Organization (ICPO) has revealed its intent

February 6, 2023

Meta Platforms reported a wider loss of $13.7 billion

Metaverse Division Reality Labs Posts $13.7 Billion Loss in 2022

Meta Platforms, formerly Facebook, reported a wider loss of $13.7 billion at its Reality Labs division, which develops virtual reality technology, in 2022 compared to

February 2, 2023

Suzhou Joins Race to Become China’s Metaverse Hub

Suzhou, a city in China, has unveiled its plan to become a hub for metaverse development and innovation. The city hopes to attract over 200

February 2, 2023

Apple to introduce VR technology on Decentraland

In 2021, conversations around the metaverse and virtual reality were at their peak, even in the cryptocurrency space, which led to tokens like Decentraland [MANA]

January 25, 2023

Seoul’s Metaverse Pilot Takes on Education and Tourism

The Seoul government has launched “Metaverse Seoul,” a public metaverse project that allows citizens to interact with virtual representatives of the government in order to

January 17, 2023

LG Electronics to bring the metaverse to TVs

LG’s new partnership aims to bring metaverse platforms to TVs

LG Electronics has partnered with cloud technology platform Oorbit and Pixelynx, a company building an integrated music, gaming, and Web3 ecosystem, to bring the metaverse

January 5, 2023

Samsung Announces Investment in Metaverse Initiatives for Latin American Market

Samsung has announced that it will invest more than $35 million in metaverse initiatives targeted at the Latin American market. This move is part of

December 26, 2022

Jesse Lingard enters the metaverse space through Virtua

Jesse Lingard’s JLINGZ esports brand has teamed up with Virtua, a gaming metaverse platform, to create unique fan experiences in the metaverse. This collaboration will

December 16, 2022