Sat, December 21

Meta to Mass-Produce New Mixed Reality Headsets in Vietnam

With its latest investment in Vietnam, Mark Zuckerberg’s Meta has made news all over the world once again. In addition to increasing manufacturing of its newest mixed reality headsets in 2025, the tech giant said on Tuesday that it would invest in AI innovation in the Asian nation. Even the

October 1, 2024 1 min read

When Can the SHIB Community Expect Shiba Inu’s Metaverse to Go Live?

The Shiba Inu team has shared the most-awaited announcement about “Shib The Metaverse,” a virtual space within the SHIB ecosystem that has caught the attention of many in the SHIB Army. Lucie, the marketing lead for Shiba Inu, has hinted that the launch of this metaverse is drawing nearer, sparking

September 30, 2024 2 mins read

Meta Reports $4.5B Loss in Metaverse Division Amid Strong Q2 Growth

In Q2 of this year, Mark Zuckerberg’s Meta Platforms suffered an additional $4.5 billion loss on its metaverse division, Reality Labs. Revenue for Meta’s second-largest quarter ever came in at $49 billion, up 22% year over year, according to an earnings call held on July 31. Moreover, Zuckerberg pointed out

August 1, 2024 1 min read

Somnia Playground Launched Empowering Creators with Customizable Metaverse Development

The Dream Computer, Somnia, has announced the release of Somnia Playground, an imaginative application that will simplify the process of creating and hosting metaverse experiences. With the help of interoperability protocols, Somnia is a 300k+ tps EVM Layer 1 that combines gaming, social platforms, NFTs, and metaverses to create a smooth,

July 18, 2024 2 mins read

Meta Plans to Lay Off 50 VPs in Cost-Cutting Move to Boost Efficiency

According to recent reports, Meta is planning to reduce the number of vice president roles in order to make significant cuts. The corporation is continuing its attempts to reduce expenses and simplify operations in the face of a hard-economic climate, and the current round of layoffs will see the termination

June 13, 2024 1 min read

McDonald’s Singapore Launches ‘My Happy Place’ Metaverse for Users

The Singaporean McDonald’s in-app virtual environment was created in collaboration with Bandwagon Labs, the entertainment media tech company’s metaverse subsidiary, and McDonald’s Singapore. Bandwagon Labs Founder Clarence Chan outlined the three main components of McDonald’s metaverse. Singaporeans may now join in on the fun at McDonald’s “My Happy Place” metaverse,

June 6, 2024 1 min read

Metaverse Expo Tokyo 2024 Opens Gateway for Exhibitors to Japanese Market

RX Japan Ltd. has announced that Metaverse Expo Tokyo, Japan’s leading trade show for all Metaverse-related products/technologies, is accepting exhibitor applications for its upcoming July 2024 and November 2024 editions. If you’re looking to expand your business to Japan and beyond, this is your chance! Metaverse Expo Tokyo is the

May 29, 2024 2 mins read

Somnia Launches Metaverse Browser for Seamless Web3 Onboarding

Metaverse protocol and Layer 1 blockchain Somnia has launched its highly awaited Metaverse Browser. The browser’s design makes web3 onboarding easier, enabling users to start discovering the metaverse and producing customized content. The Metaverse Browser from Somnia offers access to virtual society and all of its benefits. It creates a simple

May 15, 2024 1 min read

Meta Unveils Enterprise-Level Metaverse Quest Services for Education Sector

The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as Statista puts it. Moreover, by the

April 16, 2024 2 mins read