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The Latest Breaking News from metaverse

DatChat Closes Acquisition Bolstering Its Web 3.0, Metaverse Presence

Communications and social media company DatChat, Inc (NASDAQ:DATS) closed on the previously announced acquisition of Avila Security Corporation. DatChat issued 1 million shares, subject to a lock-up agreement. The transaction terms included $1 million in cash and the greater of 739,650 shares or $2.5 million of stock. The transaction expands DatChat's intellectual property assets by…

MQDC looks to innovation and R&D

MQDC looks to innovation and R&D

Property developer Magnolia Quality Development Corporation Ltd (MQDC) intends to focus on innovation and R&D for future developments, which will be mainly theme and mixed-use projects.

This Plot Of Digital Land Just Sold For $6,004 In MANA In Decentraland

This Plot Of Digital Land Just Sold For $6,004 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $6,004, which is 1.94x the current floor price of 2.59693981 Ethereum (CRYPTO: ETH) ($6,004 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

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This Plot Of Digital Land Just Sold For $10,117 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $10,117, which is 3.26x the current floor price of 2.59693981 Ethereum (CRYPTO: ETH) ($10,117 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Virtual Land Just Sold For 15,999 MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $14,075, which is 4.54x the current floor price of 2.59693981 Ethereum (CRYPTO: ETH) ($14,075 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Music and live gigs are coming to the metaverse — but probably not in the way you expect

Concerts, gigs and live performances in the metaverse could change how you experience music — but probably not in the way that you expect.

Creators say developers need support from the state, industry

Thailand could find itself at the forefront of the metaverse frontier if developers receive proper support from industry collaboration and the government, according to two creators.

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The next great tech opportunity

The next great tech opportunity

Businesses are touting the metaverse as a promising new opportunity to increase customer engagement and propel growth in the digital era.

One Of The Most Famous Shopping Cities In The World Could Be Headed To The Metaverse: Inside The Latest Trademark Filing

One Of The Most Famous Shopping Cities In The World Could Be Headed To The Metaverse: Inside The Latest Trademark Filing

Famous for high-end shopping and being the home to celebrities in the U.S., one city could have plans to grow its presence in the metaverse soon.

Tencent, Other Chinese Companies Follow Western Counterparts In Laying off Staff As Economic Slowdown Weighs

Tencent, Other Chinese Companies Follow Western Counterparts In Laying off Staff As Economic Slowdown Weighs

Chinese tech giants like Tencent Holding Ltd (OTC:TCEHY) and TikTok parent ByteDance Ltd implemented fresh layoffs affecting thousands of employees in their latest round of cost-cutting, the Wall Street Journal reports. The job cuts added on to the tens of thousands of employees already axed by Chinese internet companies since late 2021 after the domestic regulatory crackdown crushed the…

Thailand eyes metaverse gains

Thailand eyes metaverse gains

The Ministry of Digital Economy and Society (DES) is pinning its hopes on Thailand becoming an early adopter of so-called metaverse technology and applying this for commercial use in order to reap the benefits.

5G adoption to support new-tech development

5G adoption to support new-tech development

After 2030, tech development will be mature enough to make holographic digital universes ready for broad application, thanks in large part to widespread 5G adoption in Asia-Pacific countries including Thailand.

Tech & Science Daily: The killer whale duo’s Great White shark killing spree

Tech & Science Daily: The killer whale duo’s Great White shark killing spree

Plus, how L’Oreal is bringing beauty to the Metaverse

Evening Standard

Translucia invests $100m to launch Metaverse R&D Center with Australia’s Two Bulls

Translucia invests $100m to launch Metaverse R&D Center with Australia’s Two Bulls

Translucia Global Innovation, a subsidiary of T&B Media Global (Thailand), is moving ahead with the Translucia metaverse. After brainstorming with leading global partners in April, it has now announced the launch of the Metaverse R&D Center in Melbourne with an initial budget of US$100 million to research new technologies to…

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Virtual Land Just Sold For 9,500 MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $8,358, which is 2.66x the current floor price of 2.63 Ethereum (CRYPTO: ETH) ($8,358 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

This Plot Of Digital Land Just Sold For $8,798 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $8,798, which is 2.80x the current floor price of 2.63 Ethereum (CRYPTO: ETH) ($8,798 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

This Plot Of Digital Land Just Sold For $21,114 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $21,114, which is 6.72x the current floor price of 2.63 Ethereum (CRYPTO: ETH) ($21,114 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Asharq Al-Awsat

Siemens and Nvidia Collaborate to Expand Digital Services

Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse - an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital…

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Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

Developers Chide Meta For Exploiting Its Dominance To Charge For Metaverse Activities

Meta Platforms, Inc (NASDAQ: META) faced the heat over its metaverse activity fees, the Financial Times

Tencent Targets Metaverse After Overseas Opportunities, EV To Drive Growth

Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in extended reality (XR) technologies in the next 4-5 years, Reuters reports. Gaming chief Steven Ma disclosed that Tencent had set up an XR business line to combine hardware and software, betting on most…

The ABC is turning 90. Here are five big trends that will shape its next decade

As the ABC's Innovation Lab hosts the first of a series of media industry symposiums in Sydney this week, Paul Donoughue gives an insight into how content, platforms and audience demands might change in the next decade.

Metaverses, NFTs and Web3 Will Unlock Trillions Of Dollars In Economic Value And Opportunity

By Constantin Kogan The most expensive NFT in the world, The Merge, created by the artist Pak, sold for $91.8 million. In ten years, this record-breaking purchase won't be a footnote on the list of the top 10 most expensive NFTs.

Brands, Metaverse And NFTs: Why They Need Each Other And What Benefits They Can Get By This Collaboration

Fuad Fatullaev, Co-founder and CEO of WeWay ‒ a Web3 ecosystem for bloggers, celebrities, and media personalities The NFT and metaverse technologies are changing rapidly today, attracting more and more brands to unique projects that hold the potential to forever change the future.

This Plot Of Digital Land Just Sold For $3,293 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,293, which is 1.54x the current floor price of 1.95 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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