WSJ: Meta plans large-scale layoffs
Meta plans to cut thousands of jobs, according to sources cited by The Wall Street Journal.News, articles, and analysis on the development of metaverses and major projects in this field.
WSJ: Meta plans large-scale layoffs
Meta plans to cut thousands of jobs, according to sources cited by The Wall Street Journal.
Animoca Brands CEO: Building metaverses will take at least a decade
Robby Yung, head of the blockchain-gaming operator Animoca Brands, at a Web Summit keynote described the creation of virtual worlds as a 'long-term plan'.
Elrond Network rebrands as MultiversX, bets on metaverses
The European blockchain project Elrond Network has renamed itself MultiversX to reflect its interest in the metaverse segment.
Metaverse-focused Meta unit’s loss rises to $3.7 billion
In July–September 2022, the metaverse-focused Reality Labs unit within Meta posted a loss of $3.7 billion ($9.4 billion since the start of the year).
Meta and L’Oréal to launch accelerator for Web3 startups
Meta has partnered with cosmetics brand L’Oréal to launch an accelerator program for metaverse startups. Vogue Business reports.
US Metaverse Casino Bans NFT Sales
Regulators in four U.S. states issued orders directing Slotie, the operator of a virtual casino, to immediately cease its unlawful activities, according to CNBC.
Interpol launches its own metaverse
The International Criminal Police Organization (Interpol) unveiled a metaverse at the 90th session of the General Assembly in New Delhi.
Indian online retailer Flipkart launches the Flipverse metaverse
The Walmart-owned Indian marketplace Flipkart began testing its own virtual world Flipverse.
Walmart CTO forecasts growing role for cryptocurrencies in payments
Digital assets will, in the future, play an important role in customers' payments. Walmart's chief technology officer Suresh Kumar said this in an interview with Yahoo Finance.
Joseph Lubin likens today’s metaverses to the Internet of 1994
In the long term, augmented and virtual experiences will change daily life, but for now metaverses resemble the World Wide Web in 1994. This was stated in an interview with Decrypt by Joseph Lubin, founder of ConsenSys and a co‑founder of Ethereum.We use cookies to improve the quality of our service.
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