Metaverse News

Meta’s Metaverse Segment Experienced A $2.8 Billion Loss In Q2 2022

Meta Metaverse reported losses of $2.8 billion for its metaverse-focused division, Reality Labs, as the firm missed on earnings and revenue for…

2 years ago

FTC Sues To Prevent Meta’s Purchase Of A Virtual Reality Company

The US Federal Trade Commission (FTC) has filed a lawsuit against Meta and CEO Mark Zuckerberg to prevent the social…

2 years ago

Zuckerberg Thinks Meta’s $2.8 Billion Loss In Q2 Is Normal

The virtual reality (VR) and metaverse division of Meta Reality Labs recorded a loss of $2.8 billion in the second…

2 years ago

DAO Was Established By Animoca Brands To Create Metaverse Standards

The Open Metaverse Alliance for Web3 (OMA3) is a group of Web3 firms that have joined forces to create an…

2 years ago

Open Metaverse Alliance Is Established By Web3 Platforms

To address the industry's interoperability issues, blockchain-based metaverse and Web3 platforms have chosen to establish the Open Metaverse Alliance for…

2 years ago

LG Finally Joins The Metaverse

LG, the giant in the technology industry, has finally entered the field of Metaverse with the ambition to develop TV…

2 years ago

Dubai With Metaverse Strategy Creates 40,000 New Jobs

Dubai, one of the seven emirates of the United Arab Emirates, launched a Metaverse Strategy to advance its ambition to…

2 years ago

Bored Ape Yacht Club’s Demo Game Otherside Receives Positive Feedback

Yuga Labs continued to announce the Demo game Otherside and received a lot of positive feedback. Otherside is expected to…

2 years ago

The Sandbox Will Appear The World’s Largest Skating Rink In The Metaverse

Tony Hawk, The Sandbox and Autograph are creating a full Web3 experience for skaters, crypto enthusiasts and gamers from all…

2 years ago

Burberry Launches Virtual Handbag On Roblox

Burberry, the British fashion giant, has just launched a virtual handbag in the Roblox game, inspired by the designs that…

2 years ago

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