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AR/VR tech in Asia-Pacific: here’s where the money is
AR/VR will still mainly be a consumer play in APAC by 2026, but use cases for enterprises include training, collaboration, and (of course) the metaverse: IDC Read more…
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The metaverse is the future, but few firms wants to be first
Companies worry about falling behind their competitors if they don’t adopt metaverse tech – but they also don’t want to be the first to do so, says KPMG report. Read more…
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Tuvalu seeks survival in the metaverse as sea levels rise
Tuvalu plans to build a digital version of itself, replicating its history and culture as rising sea levels threaten to submerge the tiny Pacific island nation. Read more…
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Meta will sack 11,000+ workers to pay for its metaverse
Meta will cut 13% of its workforce in one of the year’s biggest layoffs as it battles soaring costs from its metaverse push amid a weak advertising market. Read more…
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Meta investors are losing patience with Zuck’s metaverse bet
Meta Platforms forecast a weak holiday quarter and significantly more costs next year, as investors voiced skepticism about the company’s pricey metaverse bets. Read more…
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What history tells us about the future of the metaverse
Metaverse platforms are here, but few are signing up and fewer come back. What’s going on? Those who remember the history of 3G may have an idea. Read more…
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Adobe reveals new tools to make stuff for the metaverse
Adobe releases a set of new software tools designed to make it easier to create 3D digital objects for marketing campaigns, video games and the metaverse. Read more…
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Flipkart invites its e-commerce users into the Flipverse
Flipkart teams with eDAO to launch its metaverse offering, Flipverse, as it banks on metaverse and Web3 to drive the future growth of online retail. Read more…
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Quest Pro brings Meta one step closer to the metaverse
Meta unveils its Quest Pro VR/MR headset, marking a milestone for Mark Zuckerberg’s break into the higher-end market for extended reality devices. Read more…
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Meta taps Qualcomm to make chips for its VR devices
Meta has signed an agreement to have chip-maker Qualcomm produce custom chipsets for its Quest VR devices, powered by Qualcomm’s Snapdragon platforms. Read more…
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NFTs have a future in the metaverse, but it’s still risky
NFTs transactions will keep rising in number over the next five years. But the market remains a risky proposition for anyone who wants to play. Read more…
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Singapore exploring dispute resolution in the metaverse
The metaverse may soon be home to a virtual platform for international dispute resolution if Singapore’s exploration bears fruit. Read more…
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Meta’s developer revenue split: hypocritical, yes, but not unfair
The idea that Meta is treating developers unfairly when it is losing billions from subsidizing devices developers benefit from has no merit. Read more…
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What the **** is the metaverse and why should business care?
I’ve seen so many different descriptions of the metaverse, the new cyberspace for work, rest and play it’s really unclear to me what it is. Read more…
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Airtel and Vodafone Idea join the metaverse bandwagon
Airtel and Vodafone Idea have started evaluating opportunities for the metaverse to better engage with customers and to increase stickiness. Read more…
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Metaverse Standards Forum launches, but key names are missing
Tech giants have formed the Metaverse Standards Forum to make nascent digital worlds compatible with each other. Apple is not a member. Read more…
Views
Meta won’t pass metaverse Turing Test by throwing hardware at it
Meta is developing hardware designed to kickstart the metaverse by solving the visual Turing Test. But hardware is not the real problem. Read more…
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Tencent forms extended reality unit in metaverse leap
Tencent announced to its staff the official formation of an extended reality (XR) unit, formally placing its bets on the metaverse. Read more…
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China metaverse sector is a minefield of legal risks
China’s metaverse market is a potential $8 trillion opportunity – provided punters can overcome the huge regulatory challenges in their way. Read more…
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MG Motor India boards metaverse bandwagon with ‘MGverse’
MG Motor India launches its own metaverse platform called MGverse as it looks for ways to strengthen relations with GenZ and GenAlpha. Read more…