Metaverse
Microsoft Disbands Industrial Metaverse Project: Report
The 100 members of the team have been laid off, according to a person with direct knowledge of the matter.
Designer Sean Wotherspoon Launches First Digital Wearables Collection on MNTGE
The inaugural collection takes inspiration from vintage pieces in the Nike collaborator's own closet.
Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Company Linked to Tom Cruise Deepfake Addresses Ethical Questions Around the Technology
London-based company Metaphysic is developing AI for hyperreal virtual experiences in the metaverse. Co-Founder Tom Graham addresses the ethical dilemma around using deepfake technology and how blockchain could potentially create digital identity rights.
Metaphysic Co-Founder on Building Ethical AI in the Metaverse
Metaphysic, the London-based tech firm is partnering with Creative Artists Agency to develop generative artificial intelligence (AI) tools and services, while working with Miramax to develop hyperreal content for the upcoming feature film "Here." Metaphysic co-founder Tom Graham shares insights into the impact of AI on the media industry, the importance of responsible AI, and the future of hyperreal technology in the metaverse.
Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
Layer 1 blockchain Aptos’ native token surged over 387% this month, leading all cryptocurrencies for gains and dwarfing the performance of bitcoin and ether. Solana’s SOL token also rose.
Tokens del metaverso superaron a bitcoin durante enero
MANA, de Decentraland, subió 152% en el mes; SAND, de The Sandbox, creció más de 90%.
Metaverse Tokens Outperforming Bitcoin in January
Decentraland’s MANA has surged 145% for the month, while The Sandbox’s SAND is up over 90%.
21.co’s 2023 Crypto Outlook
21.co co-founder and CEO Hany Rashwan joins “First Mover” to discuss its report on the state of crypto, focusing on macroeconomic conditions and regulation. He shares 21.co’s predictions on bitcoin's price action, OFAC sanctions and the developments in the metaverse. Plus, the possibility of a bitcoin ETF in the US.
