Meta Platforms announced a 30 % reduction in its investment in the metaverse, in addition to a 10 % global spending cut.
The announcement has raised concerns among employees, as these actions could translate into layoffs as early as January.
It is estimated that the unit most affected by this…
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metaverse
Disney to make a major investment in Epic Games
Walt Disney Co. announced the acquisition of a $1.5 billion equity stake in Epic Games, intended to create what the company describes as a "persistent universe". This project, which is subject to regulatory approval, promises to be a…
Reebok will enter the metaverse with games based on blockchain and AI
With the aim of positioning itself on the digital stage, Reebok established an alliance with the technology startup Futureverse for the launch of games in the metaverse in 2024, relying on artificial intelligence and blockchain technology.…
Nft market could grow to $200 billion
Recent research from Grand View Research reveals that the NFT market has reached an impressive figure of over $200 billion in the near future, transforming our perception of value and ownership in the digital and physical worlds.
During…
A third of NFT buyers don’t know what to do with them
A third of non-fungible token (NFT) buyers currently don't know what to do with them, reflecting the decline in popularity of this digital asset after peaking a couple of years ago.
The NFT market suffered a drop of more than 90% in 2022,…
FC Barcelona launches Barça Vision, a platform for Web3, NFT’s and metaverse
FC Barcelona announced on Monday the launch of 'Barça Vision', the platform under which it wants to group all the initiatives associated with 'Web3', 'NFT's' and the metaverse that until now were under the trademark 'Bridgeburg Invest', a…
Meta World Congress will be focused on the metaverse and web3 technologies
The first edition of Meta World Congress will hold its first edition on March 31 and April 1 in Madrid, with the intention of becoming one of the leading events in the world of technology and innovation, with its focus on the metaverse, web…
Lego teams up with Epic Games to enter the metaverse
Danish iconic toy and collectible figures company, Lego Group, is ready for its official entry into the metaverse. According to a report published by the Financial Times and disseminated by other means, Lego will join forces with Epic…
Mastercard launches Web3 card for cryptocurrency payments
Payments on the Web3, with cryptocurrencies, in the real world and the metaverse, are made possible by a partnership between Mastercard and Immersve.
Mastercard reported that the new product constitutes the most decentralized digital…
Meta plans a new round of layoffs
Meta would be preparing a new round of job cuts, according to Financial Times, which points out the delay of the multinational in the preparation of budgets for various teams in this context.
According to two Meta employees familiar with…
Microsoft shuts down its MetaVerse team
Microsoft announced the closure of its metaverse team, after Meta, the parent company of the virtual reality platform and owner of Facebook, did the same.
This Microsoft team has been working on virtual and augmented reality solutions for…
2023 will have the first metaverse hack
The new year that will begin in a few weeks will bring new threats that have only just begun to be glimpsed in 2022, such as metaverse hacking, social engineering attacks against multifactor authentication (MFA) systems, or the…