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Is Metaverse a ticking technology bomb?
The Metaverse can be beneficial in many respects, while also raising many issues. Here is a list…
Alibaba makes a metaverse move by leading a $60 million funding round into AR glasses maker Nreal
AR technology — like the Light and Air glasses Nreal develops — is key to people gettin…
Adam Morgan McCarthy
Goldman Sachs says the metaverse must run on blockchain, and heralds crypto tech as a huge disruptor
Blockchain is the only technology that can secure ownership across different virtual worlds in the …
Harry Robertson
Global metaverse market likely to reach $996 bn in 2030
The global metaverse market is expected to reach $996 billion in 2030, registering a compound annua…
Companies are piling in to back China's efforts to build a metaverse as projections for global growth in the space reach trillions of dollars
More than 100 companies and individuals are now part of a state-backed committee focused on bolster…
Carla Mozée
The inventor of PlayStation thinks the metaverse is pointless
PlayStation inventor Ken Kutaragi told Bloomberg in an interview that VR and AR headsets are "simpl…
Isobel Asher Hamilton
Here's what 14 top executives are saying about the 'metaverse'
Companies including Disney, Bumble, and Coinbase said in recent earnings calls that they plan to ma…
Francis Agustin
Meta wants to track your eye movements and facial expressions as you roam the metaverse, patents suggest
Meta executive Nick Clegg told the FT that advertisers could use eye-tracking data from users' VR h…
Isobel Asher Hamilton
Tech giant Samsung to roll out its own version of Metaverse
Samsung Vice Chairman Han Jong-hee has recently discussed the topic with a number of employees a…
BlackRock says 2022 will be a 'gamechanger' for the metaverse, as Big Tech companies pour in billions of dollars
Facebook parent Meta is plowing huge amounts of money into the metaverse, and Microsoft has snapped…
Harry Robertson
Metaverse for mental healthcare? Experts ‘cautiously optimistic’ after WEF report
A World Economic Forum report released on Monday, June 26, has said that metaverse as a technology …
Jefferies predicts the metaverse will be the biggest disruption to how we live ever seen, as Wall Street gets excited about virtual worlds
Wall Street analysts are getting excited about the metaverse, even though no one knows what it'll l…
Harry Robertson
Metaverse mortgages are being issued to buy virtual land — and one of the first ever was just signed for a property in Decentraland
"Mortgages and financing availability will expedite the development and adoption of the metaverse,"…
Phil Rosen
WPP’s Hogarth launches The Metaverse Foundry, a global team that will create brand experiences for clients in the metaverse
The Metaverse Foundry will be a global team of over 700 creatives, producers, visual artists, devel…
Elon Musk celebrates the metaverse's decline as corporate hype and virtual-land prices deflate
Musk tweeted that "nature is healing" on reports that Disney has cut its metaverse division.
Filip De Mott
Meta might let companies sponsor the appearance of objects in the metaverse, patent filing suggests
Meta's head of global affairs Nick Clegg told the Financial Times ads will play a part in the busin…
Isobel Asher Hamilton
CEO Tim Cook says Apple avoids the word 'metaverse' because the average person doesn't know what it means a stark contrast to rival Facebook
Apple CEO Tim Cook said in an interview with Bright that VR is fine for short periods of time, but …
Hannah Towey
The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says
"We're going to start using cryptocurrencies as currencies" in the metaverse, BofA's Haim Israel pr…
Harry Robertson
Meta's CTO was asked whether the term 'metaverse' did more harm than good. He chuckled and compared it to the early confusion over the word 'internet.'
Meta's CTO, Andrew Bosworth, hosted a Q&A session on Instagram on Monday where he said the term "me…