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The Latest Breaking News from metaverse

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.

Fortune

Meta's metaverse is on the back burner

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

Axios

Meta axes another 10,000 jobs in new round of cuts

Washington (AFP) - Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the US tech sector continues to downsize.

AFP

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Pokémon Job Listing Hints the Company is Exploring NFTs

The Pokémon Company is looking for an expert in blockchain tech, NFTs, and the metaverse.

Inverse

Facebook and Instagram NFTs dropped 6 months after U.S. debut as more Meta layoffs loom

The company said it would still support creators who use Instagram and Facebook to amplify their work.

Fortune

Vitalik Buterin endorses NFT collection, Starbucks builds on its Web3 ambitions, and Aéropostale is giving away Teslas

The Buterin-approved NFT collection originally launched on March 1, but secondary sales didn't explode until this week, when it claimed the top spot on OpenSea.

Fortune

T&B Media pins its hopes on metaverse

Entertainment firm T&B Media Global (Thailand) expects its new "Translucia Metaverse" project to be a growth engine over the next three years, generating economic value of 1 trillion baht by 2030.

Bangkok Post

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UAE To Launch AI-Powered Digital Teachers To Support Students

UAE, one of the leaders in new technology, intends to deploy digital teachers powered by AI to create teaching methods.

Zenger

Gen Z would rather go viral than sell out Wembley

The research reveals what success looks like for the future of our creative industries

Wales Online

Zuckerberg warned not to open Horizon Worlds to minors

Democrats from New England call the Meta chief's purported attempt to attract teenagers to his Horizon Worlds as 'just another flagrant attempt to exploit young people for profit'.

Fortune

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

NFT volume reached $2 billion—the highest level since May.

Fortune

Top Auto Makers Will Replace Car Salesmen With This New Feature

Fiat and Kia are both moving the car buying experience into the metaverse with ChatGPT.

The Street

Mark Zuckerberg Quietly Buries the Metaverse

The CEO of social-media giant Meta has sworn by AI, popularized by the chatbot ChatGPT.

The Street

Flights and firefighting: Companies push into the metaverse

The push is still on for the metaverse even as doubts of its viability have been creeping in as the initial hype wears off

The Independent UK

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Axios

AI and ChatGPT are selling cars in the metaverse

It's one of ChatGPT's first practical business applications.

Investors Business Daily

NVDA Stock In Buy Zone As Top Funds Drive AI, Metaverse Demand

With AI and the metaverse driving demand for Nvidia among top mutual funds, NVDA stock is in buy zone after soaring on earnings.

The Conversation

Billions have been sunk into virtual reality. To make it worth it, the industry needs to grow beyond its walled gardens

Despite recent waves of Big Tech layoffs, billions of dollars have been sunk into virtual reality (VR) hardware and software over the past few years.

The Independent UK

MWC mobile tech fair to show off new phones, AI, metaverse

The latest folding-screen smartphones, immersive metaverse experiences, AI-powered chatbot avatars and other eye-catching technology are set to wow visitors at the annual MWC wireless trade fair

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Reuters

Colombia court moves to metaverse to host hearing

A Colombian court this month hosted its first legal trial in the metaverse, and now hopes to experiment again with virtual reality, authorities told Reuters.

Fortune

This week in the metaverse: BlackRock's new ETF, Titanic artifacts as NFTs, and a Snow Crash Sotheby’s auction

The new BlackRock ETF invests in a bundle of public companies, including Meta, Nvidia, and Apple.

Financial Times

Metaverse creator Neal Stephenson on the future of virtual reality

The writer who invented the metaverse concept on why he decided to get involved in building it — and the trouble with AI

The Guardian - UK

Crypto firm with links to parliamentary groups appears to have vanished

Apparent disappearance of Phoenix Community Capital leaves some investors fearing they have lost large sums of money

Tribune News Service

How a TikToker used her platform to promote citizen science efforts in Ohio

PITTSBURGH — After being catapulted into the viral metaverse of TikTok, what began as a "slapdash initial document" transformed into a multipronged database encouraging citizen science in East Palestine, Ohio.

The Conversation

Five emerging trends that could change our lives online

The way we live our lives online is rapidly changing. Artificial intelligence (AI), virtual reality and innovations such as blockchain – a kind of digital record for transactions — are set to transform the online world, affecting everything from social media to how people and businesses make money from their…

Fortune

Mark Zuckerberg’s Metaverse ambitions could get a big boost as Tencent discusses selling the Meta Quest 2 headset in China

Facebook has been blocked in the country for 14 years.

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