Metaverse

Metaverse Fashion Week (MVFW) 2023 is a virtual fashion event, that will be hosted by Decentraland and will integrate the multiple platform element. Slated to be held between March 28 and March 31, the curatorial theme of the MVFW23 is 'Future Heritage’.

Gucci has signed a multi-year deal with Yuga Labs, the parent company behind popular NFT series like Bored Apes Yacht Club (BAYC) and CryptoPunks among others. The aim of this partnership is to see how the metaverse can be the next destination for fashion and entertainment purposes.

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. "We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Chief Executive Of...

Nissan is planning to launch an array of digital collectibles, that would be compatible in the metaverse ecosystem. The Japanese automaker has filed for patents in the US Patent and Trademark Office last week.

Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.

Meta Platforms cut the prices of its virtual reality headsets in hopes of stirring demand for its VR hardware, as its bold bets on the metaverse have struggled to make a big splash. Its flagship Meta Quest Pro will retail for $999 (nearly Rs. 81,700), down from its launch price of $1,499 (nearly Rs. 1,22,500 crore), and Quest 2 256 GB version for ...

The Sandbox community has been warned against interacting with any suspicious email, which may expose their assets to grave risks. An unauthorised third party has gained access to the userbase of The Sandbox. Some people have been sent phishing emails by a third party that is yet to be identified.

Microsoft's offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tence...

New digital markets like the metaverse and AI will need regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to the mobile Internet.

Tuvalu, a small island nation in South Pacific, has come up with a unique solution to survive climate change. It is turning to the Metaverse to become the world's first digital country. But what does that mean? Read on to know more.

Former Apple executive Trip Hawkins, who founded the company behind the best-selling sports videogame franchise FIFA, is joining a Web3 startup, looking to take on top blockchain games like Axie Infinity. GFAL publishes titles compatible with blockchain technology across consoles, personal computers and smartphones — commonly called Web3.

YouTube CEO Neal Mohan is excited to integrate Web3 elements like NFTs and the metaverse with the platform’s day-to-day functioning. For Mohan, non-fungible tokens (NFTs) come across as the sure shot way for having art enthusiasts and collectors hold authentic and credible online artworks, with complete ownership. Mohan is hopeful that the metave...

Microsoft has laid off a team of hundred staffers who were part of the Industrial Metaverse Core team have reportedly been fired, putting future plans for this unit on an indefinite hold. The company has decided to favour short-term projects that could generate more revenue quicker over projects that would take a long time before maturing into frui...

Shemaroo Entertainment has partnered with Polygon to launch an NFT marketplace called Virtasy.io. This platform will be Bollywood themed, and is aimed at connecting fans with their favourite artists, actors, as well as movies.

The International Criminal Police Organisation (ICPO), also dubbed Interpol, is concerned about criminal activities picking pace in the metaverse. These crimes include phishing, money laundering, sexual harassment, data theft, and counterfeiting. Jurgen Stock, the secretary general of the Interpol believes that the agency must be well-trained to de...

Metaverse Fashion Week (MVFW) 2023 is a virtual fashion event, that will be hosted by Decentraland and will integrate the multiple platform element. Slated to be held between March 28 and March 31, the curatorial theme of the MVFW23 is 'Future Heritage’.

Gucci has signed a multi-year deal with Yuga Labs, the parent company behind popular NFT series like Bored Apes Yacht Club (BAYC) and CryptoPunks among others. The aim of this partnership is to see how the metaverse can be the next destination for fashion and entertainment purposes.

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. "We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Chief Executive Of...

Nissan is planning to launch an array of digital collectibles, that would be compatible in the metaverse ecosystem. The Japanese automaker has filed for patents in the US Patent and Trademark Office last week.

Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.

Meta Platforms cut the prices of its virtual reality headsets in hopes of stirring demand for its VR hardware, as its bold bets on the metaverse have struggled to make a big splash. Its flagship Meta Quest Pro will retail for $999 (nearly Rs. 81,700), down from its launch price of $1,499 (nearly Rs. 1,22,500 crore), and Quest 2 256 GB version for ...

The Sandbox community has been warned against interacting with any suspicious email, which may expose their assets to grave risks. An unauthorised third party has gained access to the userbase of The Sandbox. Some people have been sent phishing emails by a third party that is yet to be identified.

Microsoft's offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tence...

New digital markets like the metaverse and AI will need regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to the mobile Internet.

Tuvalu, a small island nation in South Pacific, has come up with a unique solution to survive climate change. It is turning to the Metaverse to become the world's first digital country. But what does that mean? Read on to know more.

Former Apple executive Trip Hawkins, who founded the company behind the best-selling sports videogame franchise FIFA, is joining a Web3 startup, looking to take on top blockchain games like Axie Infinity. GFAL publishes titles compatible with blockchain technology across consoles, personal computers and smartphones — commonly called Web3.

YouTube CEO Neal Mohan is excited to integrate Web3 elements like NFTs and the metaverse with the platform’s day-to-day functioning. For Mohan, non-fungible tokens (NFTs) come across as the sure shot way for having art enthusiasts and collectors hold authentic and credible online artworks, with complete ownership. Mohan is hopeful that the metave...

Microsoft has laid off a team of hundred staffers who were part of the Industrial Metaverse Core team have reportedly been fired, putting future plans for this unit on an indefinite hold. The company has decided to favour short-term projects that could generate more revenue quicker over projects that would take a long time before maturing into frui...

Shemaroo Entertainment has partnered with Polygon to launch an NFT marketplace called Virtasy.io. This platform will be Bollywood themed, and is aimed at connecting fans with their favourite artists, actors, as well as movies.

The International Criminal Police Organisation (ICPO), also dubbed Interpol, is concerned about criminal activities picking pace in the metaverse. These crimes include phishing, money laundering, sexual harassment, data theft, and counterfeiting. Jurgen Stock, the secretary general of the Interpol believes that the agency must be well-trained to de...