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The Latest Breaking News from metaverse

Cofounders of Futureverse launch new $50 million fund focusing on early stage metaverse startups

The new fund will give out investments between $250,000 and $2 million.

Fortune

Snoop Dogg’s metaverse debacle: how Web3 proved a rare misfire for a rapper known for his marketing savvy

Snoop wanted to build a virtual empire, but falling crypto prices have gotten in the way.

Fortune

Why Dunkin' and Lego rebrands succeeded – but X missed the mark

Twitter has swapped the fluffy bird that used to symbolize the social media platform for a spindly black X. Ditching the company’s well-known logo and changing its name to a letter often associated with danger, death and the unknown is only the latest user-aggravating step CEO Elon Musk has taken…

The Conversation

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Snoop Dogg's metaverse stands out among the rapper's brands—for being uncool

The bottom fell out of the virtual real estate market. Can Snoop’s plan to create an “NFT label” help fill that void?

Fortune

Mark Zuckerberg’s Metaverse meltdown: Meta’s Reality Labs has lost $21 billion in roughly 18 months

Zuckerberg isn’t taking his foot off the gas, though.

Fortune

Students told to keep pace with changing technologies in Computer Engineering

At a webinar on “Exploring the Future of Computer Engineering”, Commissioner of Technical Education Chadalavada Naga Rani urged teachers and students to keep up with emerging tech. Vice-president of HCL Tech Shiva Prasad discussed AI, ML, IoT, Digital Twin, Block Chain and Metaverse. 22 govt polytechnic colleges participated.

The Hindu

The debut MESH 3D art fair opens today

Explore new work from 33 artists in the metaverse.

Creative Bloq

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Neopets goes independent, cancels NFT game and promises new era free from 'corporate baggage'

Neopets was rescued from a corporate shuttering, and is now independent for the first time since 2005.

PC Gamer

Pivot Digital eyes next growth curve for retail

The retail industry is moving towards creating an immersive shopping experience and a metaverse platform, says Pivot Digital Pte, a Singapore-based digital consulting firm specialising in financial and retail technology.

Bangkok Post

Yuga Labs’ new CEO moving forward with ‘audacious’ metaverse plans as Bored Apes pricing floor drops—but details are thin

Details are still thin for how the virtual world will look, when it will officially open, and how the company will measure success.

Fortune

Is Meta Stock Still a Good Buy After Hitting 52-Week Highs?

Meta Platforms (META) stock has hit a 52-week high and with gains of 147% and is the second-best performing S&P 500 stock of the year, trailing only Nvidia which has almost tripled this year. Why is Meta stock surging and is it still a good buy at these levels?

Barchart

Meta's metaverse chief admits the 'hype is dead'

Meta metaverse chief Vishal Shah has new priorities amid the metaverse bust.

Fortune

Meta exec: "Metaverse hype is dead"

Meta's VP of Metaverse, Vishal Shah, believes the metaverse is ready for its post-hype phase, with new entrants like Apple and plans for new products like the Meta Quest 3.

Fortune

This Week in the Metaverse: Bored Ape Yacht Club is sinking as floor prices spiral

Bored Ape Yacht Club NFTs hit a price floor not seen in 20 months.

Fortune

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The Guardian - US

Meta delivered ‘a major blow’ to Twitter. Will it flip the flailing firm’s fortunes?

Meta has been struggling with layoffs, a fledgling metaverse and a decreasing audience. The company needs its new big bet to pay off

Fortune

This Week in the Metaverse: Azuki’s botched Elementals drop has some calling it quits on the collection

Azuki community members have complained that the new Elementals collection is too similar to the original Azuki collection and dilutes its value.

Fortune

The collateral damage of an Apple Vision Pro flop could be devastating

Apple's Vision Pro is the most significant effort yet in Silicon Valley's long running dream of augmented reality headsets. If it flops, the budding AR industry and the broader metaverse championed by Mark Zuckerberg and others could go into a devastating 'winter.'

TechRadar

Businesses are shunning the metaverse because it's just not very good

Despite Apple and Meta’s best efforts, survey finds businesses really aren’t getting the benefits from the metaverse.

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Bangkok Post

Aespa set to perform at Thunder Dome

Aespa, the first-ever metaverse girl group in K-pop, will give a Bangkok debut concert at the Thunder Dome, Muang Thong Thani, on July 29 at 6pm and again on July 30 at 4pm.

Fortune

Decoding Gen Z has helped Roblox become a $23 billion metaverse sensation

For brands seeking to engage Gen Z in the metaverse, Roblox’s VP of global partnerships, Christina Wootton, shared her top five tips based on success stories from various industries.

Fortune

This Week in the Metaverse: 'NFL Rivals' hits 1 million downloads, and getting to the bottom of the Eminem-BAYC mystery

TechRadar

Meta was late to the AI party – and now it’ll never beat ChatGPT

Zuckerberg's metaverse obsession could mean Meta has already lost the AI arms race.

Wales Online

Carol Vorderman backs calls to protect children in the metaverse

Two thirds of young people have already accessed virtual reality

The Guardian - UK

The week in audio: Marianna in Conspiracyland; Women of Web3; Gateway: Cocaine, Murder & Dirty Money in Europe; The Archers

Marianna Spring keeps her cool with conspiracy mongers; Lauren Ingram guides (some of) us into the metaverse; a drug-smuggling tale is well told; and the dreaded Rob returns to Ambridge

Fortune

This Week in the Metaverse: A Sothebys auction brings in $11 million—and a bit of hope for the NFT market

Dmitri Cherniak's generative art NFT Ringers #879, a.k.a. The Goose, brought in $6.2 million.

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