As a virtual world, the Metaverse is bound to witness such inappropriate occurrences. Again, I need to highlight this one more time; the issue is not really the Metaverse here; it is more the people using it and the companies developing it and their inability to protect their users. Sexual abuse in the Metaverse cannot […]
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Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30 percent this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn. “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in […]
Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other. Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to […]
Facebook owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday. Virtual outfits designed by fashion brands Balenciaga, Prada and Thom Browne will be available for purchase to start, said Zuckerberg, speaking in a live video stream with Instagram’s head […]
Meta Platforms Inc on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook’s data and online marketplace. Meta says it has already handed over more than a million documents to the European Commission since its first request in 2019 regarding its Facebook Marketplace, social networking […]
Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and […]
If you Google the question “Who created the internet,” you wouldn’t get a straight answer. There are the visionaries who conceived it, the engineers who built it, the coders who evolved it, and the creators who populated it. In that same sense, can we give credit to one person or company for creating the Metaverse? […]
Companies are diving deeper into Extended Reality (XR) technologies as the desire for increased emersion and convenience takes off. With Metaverse technology development in full swing around the world, here is the latest in extended reality news. Google Back in 2019, Google launched Live View, an AR layer on top of Google Maps. In their […]
Meta is partnering up with Polygon to bring NFTs to Instagram and Facebook. Polygon’s blockchain ecosystem will be made available to Meta’s aggregate 2.9 billion users as a result of the cooperation. According to a Tweet by Polygon CEO Ryan Wyatt, Meta chose Polygon as their partner because of their excellent scalability and eco-friendly carbon-neutral […]
The word “metaverse” is the most popular in the worldwide tech market today. Big tech companies worldwide are racing for a piece of the virtual pie that analysts expect will be worth trillions. Companies Developing the Metaverse are concentrating on creating new technologies and features that will allow users to communicate with one another more […]