Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several

Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

Nvidia, a graphics processing unit and artificial intelligence (IA) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement

Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund

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

Apple Could Be Developing Its Own Metaverse Platform

Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (RA). One of the job listings calls explicitly for engineers experienced in the development of

Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’

Méta, the social network company, has announced that it will cut 11,000 travaux, letting go of 13% of the employees in its workforce amidst acultural shiftin the company. Mark Zuckerberg, PDG de l'entreprise, explained this decision was made

Big Four Company EY amène l'utilitaire Wavespace dans le métaverse

EY, l'un des “quatre grands” sociétés comptables, intègre une partie de sa suite logicielle dans le métaverse. Espace d'onde EY, un utilitaire qui permet aux clients de participer à des réunions avec le personnel d'EY depuis plusieurs endroits dans le monde, inclura désormais des expériences immersives,…

Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is apoorly built video game,” but

Nokia Believes the Metaverse Will Replace Smartphones in the Future

Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses,…

Konami lance Metaverse Push avec Web3 Focused Hiring Spree

Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing

La Ligue espagnole de football Laliga s'associe à Globant pour soutenir de nouvelles initiatives Web3 et Metaverse

Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globants tech resources with Laligas tech division in order to