Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions

Aruannete kohaselt, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended

Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. Aruannete kohaselt, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, nagu…

Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack

During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollarit. Vahepeal, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentralands MANA and The Sandboxs SAND

Korea riskikapitalifirma Daesung Private Equity teatab $83 Miljoni Metaverse'i fond

Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 miljonit). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund

Meta teatab vallandamisest, mis mõjutab 13% tööjõust; Rohkem kui 11,000 Kultuurilise nihke tõttu vallandatakse töötajad

Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst acultural shiftin the company. Mark Zuckerberg, Ettevõtte tegevjuht, explained this decision was made

European Union to Launch Global Metaverse Regulation Initiative in 2023

The European Union (EL) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. Ettepanek, which was qualified as ”võti” in the State of the Union letter of intent authored