virtual reality

The frontman of the popular virtual universe game Roblox, David Baszucki, has said he ‘dreams’ of having the ability to move nonfungible tokens (NFTs) and digital objects across multiple platforms. Following the company's Q3 2023 earnings call, Roblox founder and CEO ...

Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator. In an Oct. 19 press release, the Federal Communications C ...

Meta CEO Mark Zuckerberg has expanded the metaverse Horizon Worlds from virtual reality headsets to mobile devices and computers. In a recent blog post, the 3D avatar-based social platform announced the early access rollout of its first Meta Horizon world to mobile and web platforms. The initial ...

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.Its second-quarter 2023 results released on July 26 saw Meta report an 11% revenue gain compared to the same quart ...

The release of Apple’s new mixed-reality headset, Vision Pro, could cause a seismic shift in how users will experience the metaverse, with developers potentially moving away from the absolute isolation of virtual reality.Unlike today's virtual reality headsets, which center on full i ...

Stick em' up! Bank robbery drills in the MetaverseThe Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies.Bloomberg reported July 13 that the bank’s 2,000 new hir ...

The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — to create as many as 860,000 jobs in Europe by 2025. Extended reality or XR is an umbrella term for immersive technologies including virtual ...

HSBC files metaverse and NFT patentsBritish banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications. A June 12 filing to the United States Patent and Trademark Office (USPTO) show the bank’s trademarks including meta ...

Just a day after launching a new virtual reality (VR) product line, Apple Vision Pro, the tech giant confirmed the acquisition of Mira, an augmented reality (AR) startup that provides hands-free, smartphone-powered headsets.On June 7, The Verge reported Apple’s latest acquisition was revea ...

Apple’s newly revealed mixed-reality headset, the Apple Vision Pro, has both turned tech-enthusiast heads and raised eyebrows after its unveiling at the WWDC on June 5. There was however, one glaring omission from the launch — a single mention of the word “metaverse.&rdqu ...

The arrival of the PC was transformative for gaming — avid players could suddenly experience what it’s like to be a pilot, a train driver or even a goat through simulation.As cutting-edge as this new genre was, it also had its limitations. Powerful graphics cards were needed to ensu ...

PKO Bank Polski decided to hold a job fair in Decentraland for the sake of finding IT professionals Polish bank PKO Bank Polski is holding a virtual job fair called Virtual PKO Rotunda in the virtual reality (VR) project Decentraland from May 30. This was announced by the financial institution ...

The new zombie apocalypse metaverse game will allow NFT Undeads Metaverse owners to earn rewards for their tokens earlier than planned and accelerate the development of the player community. Following the recent completion of the $1 million NFT release, Undeads Metaverse ...

New-gen MMORPG Undeads Metaverse announced the completion of its first round of NFT game releases, which brought the project $1 million. According to the project team, this achievement underscores the sustainability of high-quality projects backed by experienced teams, de ...

Despite the lack of practical solutions for meta-universes, international regulators will hit the virtual reality market. Metaworlds will become a new "battleground" for regulators. This was the opinion of analysts of the blockchain firm Elliptic in their report. Experts believe that regulator ...

Chinese search company Baidu has shifted its focus from the meta-universe to artificial intelligence because of the hype surrounding ChatGPT Chinese search giant Baidu has changed its mind about investing in the meta universe and is now focusing on artificial intelligence (AI). Local newspaper ...

The parent company of America's largest social network is changing its approach to the meta-universe to reignite waning interest in the technology Meta Platforms* wants to revive interest in the meta universe by positioning the technology not as a way to entertain, but as a tool to educate employ ...

The Meta Corporation (recognized by Russian authorities as extremist and banned in the country) has banned creators in the Horizon Worlds meta universe from holding their own events According to The Verge, this is stated in the notes to the v109 platform update. Community participants agreed w ...

American Web2 giant commissioned a study from Deloitte on the impact of the meta-universe on U.S. gross domestic product Metaworlds could add $760 billion to U.S. gross domestic product (GDP) by 2035. This conclusion was reached by consulting giant Deloitte, which carried out the calculation b ...

The British Broadcasting Corporation has applied for trademark registration for the NFT and meta universe based on the acclaimed television series. The BBC has applied to register a trademark in the form of the logo of the Doctor Who TV series for use with non-substitutable tokens (NFTs) and in m ...

Universities in South Korea, Japan and Taiwan are increasing investment in virtual reality despite skepticism surrounding meta-universes Educational institutions in Japan, South Korea and Taiwan are betting on virtual reality (VR) despite mixed progress around the meta-universe concept. Nikkei As ...

Wired has published a piece on the development of the meta-universe within the walls of the Chinese firewall. Chinese authorities are not against the development of virtual reality technology, but only if it will obey the rules of the party. However, there are not many ways to monetize the met ...

Haribo Holding, a well-known German confectionery company recognized for its mouth-watering gummy bears. Has taken a unique step by filing a trademark application associated with NFTs and the metaverse. As per the US Patent and Trademark Office (USPTO) filing on April 25. Haribo is planning ...

KPMG, the auditing company, recently found out that big businesses are excited about the potential of the metaverse, but are not yet convinced by the current versions of the concept. According to major representatives of the media market, there is great potential for the metaverse in the future, ...

According to The Wall Street Journal, Democratic Senators Ed Markey and Richard Blumenthal have called on Meta to cancel its plans to release a metaverse app for teenagers. This comes after reports that Meta is attempting to crack down on the spread of intimate images of teens on its platforms, F ...

Nokia, the Finnish telecommunications equipment manufacturer, is branching out into the virtual reality market as part of its recent rebranding efforts. In a statement made by Nishant Batra, the director of technology at Nokia, the company sees opportunities in becoming a facilitator for the deve ...

Gamium, a blockchain startup specializing in the development of Web3 technologies for the metaverse, has recently announced a partnership with Meta*. The partnership, which is part of the Metaverse Activation Program initiative, is expected to provide Gamium with technical and expert support from ...

In a recent interview with the Financial Times, Neil Stevenson, an acclaimed American science fiction writer, shared his insights into the future of the metaverse and what conditions are needed for its widespread adoption. Despite being a visionary in the realm of science fiction, Stevenson expre ...

Researchers from the University of California at Berkeley have predicted a lack of privacy in the metaverse unless innovative security measures are implemented. Devices used to connect to the metaverse can pose a threat to privacy due to the possibility of telemetry data identification. Ventur ...

Zuckerberg's unwavering faith in the potential of virtual worlds has led him to pledge billions of dollars towards their development, even in the face of slow progress. As per Zuckerberg, the Reality Labs metaverse unit remains a key focus for the c ...

Undeads' mission is to revolutionize the world of P2E gaming by introducing groundbreaking standards that grant players true autonomy, ownership, and diverse earning prospects within the blockchain universe. This distinctive MMORPG is imbued with the full spectrum of Web3 advantages, and its Meta ...