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The Latest Breaking News from metaverse

Only 6 people showed up to the EU’s $400k party in the metaverse

The EU commission has tried and failed to be “down with the kids.”

Fortune

Metaverse offers a virtual world of opportunity

Thais have shown strong interest in the metaverse, while the virtual world could be a promising opportunity for the tourism, shopping and gaming fields, according to online research firm Toluna.

Bangkok Post

Sony Mocopi, price, release date, specs for the motion capture wearable

Sony’s Mocopi device uses sensors on your head, hip, wrists, and ankles to give you a more realistic metaverse avatar.

Inverse

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Class of '92's UA92 to hand out NFTs as it enters the metaverse

UA92 said its plans to award NFTs to its graduates is a global first in the education sector

Birmingham Post

What are all those "chief metaverse officers" actually doing?

Metaverse execs are working on strategy, evangelizing and more.

Axios

30 years later, Nintendo's weirdest hardware flop could finally catch on

After decades of little progress, VR gloves could be making a comeback and enriching the Metaverse.

Inverse

Nike the latest fashion icon to step into the metaverse with new virtual trading platform

Nike has announced its new .Swoosh online platform, where users will be able to "collect, trade, and flex" virtual Nike products.

The New Daily

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'Metaverse' could be word of the year, Johnnie Walker launches an NFT, and Mattel creates an NFT marketplace

"Metaverse" is competing against two other terms for the Oxford English Dictionary's word of the year, plus NFT news from Johnnie Walker and Mattel.

Fortune

Meta pushes back on ‘false’ report that Zuckerberg is planning to step down as CEO

The Leak, citing an anonymous source, claimed that Zuckerberg would depart in 2023 because of the company’s recent losses.

Fortune

Saudi Arabia Prepares to Host the WTTC Global Summit

Saudi Arabia announced on Tuesday that it will host, for the first time, the 22nd edition of the World Travel & Tourism Council (WTTC) Global Summit, which will be attended by a prestigious gathering of tourism leaders. The event will feature a metaverse experience created for potential investors to explore…

Asharq Al-Awsat

Even the metaverse has a lack of women in leadership roles

Fortune

Don't Worry Darling reveals the limits of a major tech trend

Is the Metaverse possible? Maybe, if Don't Worry Darling is a sign of our future.

Inverse

Meta upbeat on 5-10 year outlook

The metaverse is expected to gain momentum in the mass market in 5-10 years, while various emerging technologies require regulation in a responsible manner without undermining the innovative power of technology, according global tech powerhouses Meta and Amazon Web Services (AWS).

Bangkok Post

This week in the metaverse: Best year yet for Web3 trademark filings, Cristiano Ronaldo NFTs, and 'the world's first digital nation'

While metaverse-related trademark filings were unheard of just a few years ago, trademark attorney Mike Kondoudis told Fortune it is now an essential part of many companies's strategies.

Fortune

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Reason

New FTX CEO Describes 'Complete Failure of Corporate Controls' in Scathing Court Filings

Plus: Twitter is alive and well, the U.K. considers unprecedented tax hikes, and more...

ABC News

FTX had a 'complete absence of trustworthy financial information' says new CEO

The man appointed to administer the collapsed crypto exchange in chapter 11 bankruptcy, who oversaw the clean-up after Enron's collapse, says he has never seen "such a complete failure of corporate controls".

Fortune

A tiny country threatened by rising sea levels is uploading itself into the metaverse to guarantee its existence

“As our land disappears, we have no choice but to become the world’s first digital nation,” Tuvalu Foreign Minister Simon Kofe told the COP27 climate summit.

Reuters

Tuvalu turns to the metaverse as rising seas threaten existence

Tuvalu said on Tuesday it plans to build a digital version of itself, replicating islands and landmarks and preserving its history and culture as rising sea levels threaten to submerge the tiny Pacific island nation.

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Benzinga

Yuga Labs Acquires Beeple-Founded 10KTF And WENEW, Adds Artist To Advisor Role: What It Could Mean For The Future

A leading non-fungible token and Web3 company announced an acquisition Monday that could help power its ambitions for the metaverse.

Benzinga

Bulls And Bears Of The Week: Why Coinbase And FTX Are So Different, Diving Into Zuckerberg's Metaverse And More

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Fortune

This week in the metaverse: NFT prices, Capital One trademarks, and Wrangler's NFT-themed apparel

NFT collections are so far resisting headwinds from the collapse of the FTX and Binance acquisition deal after prices fell steeply in the immediate aftermath.

Benzinga

Zuckerberg Will Continue To Pour Money Into The Metaverse — But Where's The 'Magic' In The Company's Metaverse Products Today?

Meta Platforms (NASDAQ: META) has seen better days.

Evening Standard

Dressing for the metaverse: luxury has entered cyberspace...

Luxury fashion is going virtual at a dizzying pace — and for the sake of our planet and economies, it could be a blessing. Amy Francombe investigates

The Guardian - UK

Thursday briefing: Mark Zuckerberg’s Meta cuts 11,000 jobs – is the Facebook founder’s empire falling?

In today’s newsletter: The social media titan is having its first major wave of layoffs since it began in 2004 – and it’s not the only tech company facing problems.

Benzinga

Is Zuckerberg's Obsession With The Metaverse Becoming A Problem For Investors?

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

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