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You Searched For "metaverse a technology bomb" and got 19 results


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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…

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1 min read

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   


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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   


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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…

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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   


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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   


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6 mins read

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   


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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   


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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…

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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   


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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 …

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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   


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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   


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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…

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2 mins read

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   


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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   


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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   


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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   


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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…

Lakshmi Varanasi