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The Latest Breaking News from metaverse

5G connections to jump to 400m in 2025

5G connections in Asia-Pacific are expected to surge fourfold from this year's level to 400 million in 2025, while the industry's consolidation and the metaverse are gathering momentum in the region, according to a report by the GSM Association (GSMA), a group of telecom operators worldwide.

Exit the internet, enter the metaverse – your online future is in 3D

Exit the internet, enter the metaverse – your online future is in 3D

Venture capitalist Matthew Ball’s new book explores the three-dimensional virtual world that is set to supersede the net. What might this alternative digital reality have in store for users?

The Guardian - UK

‘Portals will be as important as the car’: the architects exploring gateways to new dimensions

‘Portals will be as important as the car’: the architects exploring gateways to new dimensions

From Platform 9¾ in Harry Potter to Bill and Ted’s phone booth, a new exhibition about portals explores the ways we’ll soon be moving around the metaverse

The Guardian - UK

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Mark Zuckerberg Sets Facebook's Top Priorities

Social-media giant Facebook wants to focus on six important areas as its CEO expects "one of the worst downturns" in recent history.

Is The Sun Setting On The Glory Years For Facebook And Meta Stock?

Mark Zuckerberg has kept Meta stock, formerly Facebook, on an upward trajectory for years. All that is over now. Here's why.

Investors Business Daily

Here's Why Heartcore Shares Are Trading Higher Today

Leading software development company Heartcore Enterprises, Inc (NASDAQ:HTCR) launched "truRes-12K", the world's first 12k-compatible real-time 360° virtual reality camera. HeartCore developed the first-ever 12K VR camera that provides users with higher-quality VR and AR images by combining a camera, chipset, stitching processing technology, and compression technology. HeartCore aims to market and sell its truRes-12K…

Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

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Metaverse Land Just Sold For $7,038 (8,000 MANA) In Decentraland

Metaverse Land Just Sold For $7,038 (8,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $7,038, which is 2.46x the current floor price of 2.398 Ethereum (CRYPTO: ETH) ($7,038 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 23,500 MANA In Decentraland

Virtual Land Just Sold For 23,500 MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $20,675, which is 7.22x the current floor price of 2.398 Ethereum (CRYPTO: ETH) ($20,675 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…

DatChat Closes Acquisition Bolstering Its Web 3.0, Metaverse Presence

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…

Mark Zuckerberg, Facebook Say Goodbye to Their Crypto

Mark Zuckerberg, Facebook Say Goodbye to Their Crypto

The CEO of the social media giant has just buried the last project of his ambitions in crypto.

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…

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

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…

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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.

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.

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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

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

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

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.

Evening Standard

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

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

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…

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…

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