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The Latest Breaking News from metaverse

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.

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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 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…

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…

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

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…

Siemens and Nvidia Collaborate to Expand Digital Services

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…

Asharq Al-Awsat

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

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

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 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

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

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.

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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.

'Our Goal Is To Create A Destination That Will Be The Heart Of The Metaverse': Time Magazine Teams Up With The Sandbox

The Sandbox (CRYPTO: SAND) is a metaverse which utilized the SAND cryptocurrency. In 2021 the crypto reached its highest valuation and brought in investments from some incredibly well known celebrities, companies, and investors.

Evening Standard

How to be a CEO: Meta’s Steve Hatch on Facebook, the Metaverse and SMEs

The opening of the huge new office, and what that means for London

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Vans Strides Into The Metaverse

The famed footwear brand is extending its community in cyberspace.

It’s About Time: Famed Magazine Engages In A Metaverse Project

TIMEPieces will be a hub for online socializing, artistic expression and commercial activity.

Fashion Statement: WowWee Unveils Metaverse Avatars

The blockish shape and flat surfaces of My Avastars are designed to encourage kids' creativity.

The Metaverse Is Already Here

How is virtual reality remaking our world?

Metaverse Land Just Sold For $3,293 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,293, which is 1.56x the current floor price of 1.92 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $3,842 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,842, which is 1.82x the current floor price of 1.92 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 5 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,478, which is 2.60x the current floor price of 1.92 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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