metaverse

BlackRock launches an ETF themed around the Metaverse. The ETF’s top holdings include Meta, Apple and Nvidia. Despite waning investor interest, BlackRock is still launching the ETF.

Manish Agarwal, former CEO of Nazara Technologies, and web3 investor Ishank Gupta have established a web3 gaming startup called Kratos Studios. The startup will operate under the IndiGG brand name.…

Tencent Cloud introduces “metaverse-in-a-box” offering to meet the increasing demand for media services in the region. Tencent Cloud remains tight-lipped about any plans related to AI chatbots, such as ChatGPT.

Meta announced new improvements to the Quest platform as part of the v50 OS update. The update includes an experimental feature, “Direct Touch,” which lets users tap and swipe with…

Tencent scraps plans for virtual reality (VR) hardware. Tencent had intended to develop both VR software and hardware. The company launched an “extended reality” XR unit in June 2020. Tencent…

Interest in a virtual future is decreasing. Investment in the metaverse is also declining.

Netflix partners with Sandbox VR to produce a VR game based on the Korean TV series ‘Squid Game’. The game will be released “late 2023” and can be played at…

Currently, only adults 18 and older can sign up for Meta’s Horizon Worlds. Meta is reportedly opening up its virtual reality social experience to players aged 13 to 17 in…

Disney to launch its own metaverse platform, Starverse, in India. Metaverse will add another dimension to user interaction. User experience will be enriched through real-time user interaction.

Meta’s new headset will feature improved mixed reality technology. CEO Mark Zuckerberg mentioned that more than 200 applications on the company’s virtual reality (VR) devices have made more than $1…

Interpol Secretary General Jurgen Stock has announced the agency’s intention to investigate crime in the Metaverse. Stock noted that criminals are sophisticated and professional, quickly adapting to any new technological…

Mark Zuckerberg, founder and CEO of Meta, changes Metaverse spending as Reality Labs loses $13 billion in 2022. Zuckerberg wants to be more efficient with his metaverse division. A new…

Samsung is developing an extended reality (XR) product in collaboration with Google and Qualcomm. This product will be powered by an Android operating system and a Qualcomm chip. The XR…

US Army has been dredging the Mississippi River 24/7 for 6 months. Drought crisis along the river may finally be over in February. Dredging was necessary to allow barges to…

Nasscom report examines key trends in adoption of Metaverse technology. Report looks at potential applications of Metaverse technology. Report identifies opportunities for service providers to be involved in the development.…

Layoffs are a death knell for the metaverse. The metaverse is costly, unclear, and there is no proof that anyone is interested in it. It will be the first thing…