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The Latest Breaking News from metaverse

Here's the week's top news on NFTs and the metaverse

After being shunned for years, NFTs took a big step this week.

First 'cultural map' of the country now online

First 'cultural map' of the country now online

The first online cultural map of Thailand is now available with more than 2,000 cultural sites across the country, ready to be upgraded for metaverse technologies.

Dubai’s Metaverse Mall Announced At World Government Summit

Dubai’s Metaverse Mall Announced At World Government Summit

Dubai has strengthened its resolve to emerge as one of the world's leading metaverse economies

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MQDC proposes idyllic 'metta-verse' project

MQDC, a leading developer of innovative property projects, has introduced its first metaverse, MQDC Idyllias, designed as the first project that could fully bridge reality and the virtual world with a new concept, ‘metta-verse’.

In the Metaverse, the Perfect Date Might Actually Exist — If You Can Find It

What is it like to date in the metaverse? Writer Becca Caddy tries out VR dating apps and speaks to people who have found real love in virtual worlds.

From VR to throuples – this is what the future of dating looks like

Prudence Wade finds out about love in the metaverse and sober dating.

The Independent UK

Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’

“The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one Meta employee told the FT.

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Saudi Housing Ministry Launches Kingdom’s First Metaverse Platform

Saudi Housing Ministry Launches Kingdom’s First Metaverse Platform

The Ministry of Municipal, Rural Affairs and Housing announced the launching of Sakani Metaverse, the first platform of its kind in the Kingdom, in a step that aims at exploiting the interactive technology to raise the quality of life. The announcement came during the ministry’s participation in the LEAP 2023…

Asharq Al-Awsat

MQDC to launch its first metaverse in Q2

MQDC to launch its first metaverse in Q2

MQDC, a property firm owned by the Chearavanont family, plans to launch its first metaverse project called Idyllias, starting with its large mixed-use residential project The Forestias in the second quarter of this year.

This week in the metaverse: Hermès declares victory over MetaBirkins NFT collection, Meta wants to open its metaverse to 13 year olds, and Doritos launches a metaverse recording studio

This week in the metaverse: Hermès declares victory over MetaBirkins NFT collection, Meta wants to open its metaverse to 13 year olds, and Doritos launches a metaverse recording studio

Hermès's win against the creator of the NFT collection MetaBirkins looked bad for the NFT space, but it may not be the worst for projects that are solely artistic in nature.

Wunderman lists key consumer trends

Wunderman lists key consumer trends

The metaverse, climate, inclusivity, commerce and health consciousness are the five major consumer trends to watch this year, says Wunderman Thompson Thailand, a marketing communications agency.

Site specific

Functional seat prototypes in various forms and materials have been designed to find methods to enhance landscapes and provide people ease... traffic barriers doubling as flower pots to create green spaces... augmented reality is used to connect people's imaginations to the metaverse.

Hermès wins lawsuit against creator of NFT MetaBirkins, jury claims NFTs are not protected as art under the First Amendment

Hermès wins lawsuit against creator of NFT MetaBirkins, jury claims NFTs are not protected as art under the First Amendment

The verdict could have broad ramifications for NFTs and the metaverse.

Hiroshima Adopts Metaverse In Education

The metaverse has become a part of university classes in the Japanese city

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Meta wants teens to save its metaverse

Young metaverse users are spending little time on Meta's Horizon Worlds, opting instead for its competitors' products.

Users have avoided Meta's metaverse flagship so far, so the company is looking to bring in teen users

Zuckerberg’s focus on the virtual world is still going strong.

The Guardian - US

Are brands protected in the metaverse? Hermès and NFT artist spar in US court

Luxury retailer and creator of Birkin bag says Mason Rothschild’s MetaBirkin project has simply ripped it off and reaped the profits

NVDA vs. XPER: Which Chip Stock Should You Pick in 2023?

The semiconductor industry is expected to thrive in the coming years amid the rapidly growing use of AI and the metaverse. Given the favorable growth prospects of the sector, quality chip stocks NVIDIA (NVDA) and Xperi (XPER) are expected to witness solid gains. But which stock should you pick in…

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Los Angeles Times

Brian Merchant: How tech is changing LA — and how LA is changing tech

Is tech OK? It's not just the mass layoffs. It's that, to an alien observer, many of the most hyped ideas emerging from America's vaunted tech industry over the last few years would seem untethered from reality, if not outright unhinged.

Here's your metaverse roundup for the week, with news from Apple and Hermès

Apple is reportedly working on AR, meanwhile NFTs had a stellar January, and luxury brand Hermès fights an NFT creator in court.

Mark Zuckerberg and Wall Street are finally meeting in the middle on the metaverse

The Meta chief executive satisfied investors Wednesday by pledging to trim costs, but he’s still all-in on Reality Labs.

The Guardian - US

Meta earnings drop by less than expected with boost from Reels

Parent company of Facebook and Instagram reports $32bn in revenue for fourth quarter, prompting rise in stock price

Lofty expectation for metaverse potential

A projection suggests the metaverse could contribute US$11-21 billion per year to the Thai economy by 2035, according to research conducted by London-based consultancy Deloitte.

Meta's Reality Labs lost $13.7 billion in 2022—and just reported its worst quarter ever

CEO Mark Zuckerberg said the metaverse remains one of the company's top priorities.

Metaverse cryptocurrencies outperformed Bitcoin and Ether in January

The tokens for the Sandbox and Decentraland increased 94% and 156% in January, respectively.

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