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The Latest Breaking News from metaverse

Eyes on Apple to Join Quest for the Metaverse

Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse. All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June,…

Asharq Al-Awsat

Eyes on Apple to join quest for the metaverse

San Francisco (AFP) - Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse.

AFP

Tim Cook's vision for AR/VR is more boring than Meta's, but that's why it might work

Apple's Tim Cook is focused on the most practical AR/VR applications and that's why his version may be better than the Metaverse

TechRadar

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Apple Is Quietly Worrying About its Answer to the Metaverse

Apple is reportedly concerned that its AR/MR headset announcement won't recreate an 'astounding iPhone moment,' an analyst says.

The Street

This week in the metaverse: Solana loses y00ts and DeGods collections, Argentina gets Web3 plane tickets, and Grimes launches NFTs

The move by y00ts and DeGods is a loss for the Solana blockchain, but SOL is still up roughly 100% since the start of the year after getting hammered post-FTX collapse.

Fortune

This Stock Is Outperforming META

The end of the pandemic brought about a reversal in consumer behavior and preference, which became a bane for Meta Platforms, Inc. (META) but a boon for trivago N.V. (TRVG). Continue reading….

StockNews.com

Disney CEO axes metaverse unit and almost everyone in it, with another 6,950 cuts to go

Bob Iger once said the tech would democratise the internet, but apparently it's not right for Disney.

PC Gamer

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5 Years Ago, Steven Spielberg Made His Most Misunderstood Sci-Fi Movie Ever

'Ready Player One' is no deep thinker, but it's not our glorious Metaverse future either.

Inverse

Elon Musk Bids Farewell to the Metaverse

The CEO of Tesla compared what was presented as the next big thing in tech a year ago to a disease that had infected the world.

The Street

Disney Gives Up on a Major Investment

The House of Mouse has chucked this once big plan out the window.

The Street

Disney Dumps Metaverse Aspirations. That Was an Easy Decision

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

Barchart

Bob Chapek’s Metaverse Unit Gets Whacked Amid Disney’s Mega-Cuts

The ‘Next Generation Storytelling and Consumer Experiences’ division was one of the former Disney CEO’s pet projects

Broadcasting & Cable

This could be the most pointless Microsoft Teams meeting update yet

“Metaverse” avatars in video conferences still look terrible and are ultimately embarrassing, please stop developing them, everyone.

TechRadar

Disney joins Microsoft and Snapchat as latest big-name company to slink away from metaverse ambitions

Companies are moving away from the nascent industry as regulators increasingly scrutinize crypto and the buzz around A.I. rises.

Fortune

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The Independent UK

Comic Relief launches metaverse fundraiser to fight poverty

Can playing more Roblox make your kids more philanthropic

The Japan News/Yomiuri

SMFG takes plunge into metaverse with gaming

Sumitomo Mitsui Financial Group, Inc. (SMFG) is venturing into the metaverse by leveraging gaming into its business strategy.

Fortune

Here's the week's top metaverse and NFT news

The IRS said it's considering whether to tax non-fungible tokens as it does gems or artwork.

Investors Business Daily

Meta Stock Strives For Recovery In Its 'Year Of Efficiency'

Meta stock has seen a strong rebound as it reorganizes and cuts 21,000 jobs to achieve what the company calls a "year of efficiency."

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iMore

Apple VR is a huge threat to the metaverse, claims Epic Games CEO Tim Sweeney

Epic Games CEO Tim Sweeney claims that Apple "Apple "will either try to crush the metaverse or extract all the profit from it" in a new interview.

USA Today Sports Media Group

Epic unveils Fortnite Creative 2.0 using new Unreal editor

Epic revealed Fortnite Creative 2.0 during its GDC 2023 presentation, alongside a new Unreal editor to further its metaverse ambitions

Daily Mirror

The Apprentice 2023 winner announced after gripping all-female final

In the final episode of the 2023 series, Marnie and Rochelle were tasked with creating a new brand for their company, producing a digital billboard, directing and editing a television advert and designing a metaverse

Bangkok Post

TMX picks Bangkok for metaverse base

TMX Global, an Australia-based supply chain transformation consultancy, has selected Thailand for the global launch of its "TMX Metaverse", an industry-first solution in terms of distribution centre design and virtual technology.

TV Tech

Summit Preview: Explore the Metaverse with Chris Pfaff

Veteran media technology expert Chris Pfaff will talk with TV Tech Editor in Chief Tom Butts about our virtual future

StockNews.com

2 Tech Stocks You Should Buy and Never Sell

While macroeconomic challenges have marred the technology sector’s performance, its long-term prospects look promising, with rising demand for advanced technologies. So, popular technology stocks Cisco Systems (CSCO) and Nokia (NOK) could be worth buying for the long term. Keep reading.

Bangkok Post

Tencent Cloud introduces ‘Metaverse Solutions Suite’

The rapid evolution of digital technology has resulted in a stronger connection between the virtual and real worlds. Many organisations have begun to seek opportunities by developing platforms connected to the metaverse, allowing businesses to create unique user experiences.

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