Facebook-turned-Meta’s multibillion dollar metaverse project has a serious user retention problem. Internal Meta documents obtained by the Wall Street Journal have revealed that most Horizon Worlds ...
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like the internet, it’s a world – or reality, even – beyond our physical ...
As Meta pulls back investment, here’s what happened to some of the startups that went all-in on the metaverse.
Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...
On Thursday, global investment bank Citi issued an analyst report predicting that the metaverse economy could be worth up to $13 trillion with 5 billion users by 2030. The report cites catalysts for ...
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider. The Metaverse has become one of the biggest buzzwords of ...
Tinder’s parent company, Match Group, has announced that it is killing the dating app’s plans for a metaverse expansion. The company had planned to create a new form of online dating in a virtual ...
LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT) (“Ault Alliance”), a diversified holding company, and BitNile Metaverse, Inc. (Nasdaq: BNMV ...
Web3 and the metaverse are here to stay. To prepare for safe metaverse participation, though, internet users need to begin assimilating into this new digital space, and obtaining a digital identity ...
The metaverse has seen explosive growth in the past two years. However, its investment potential may never be realized. These two recession pressures could crush the future of the metaverse. Would a ...
To be viable as a place to live and do business, the metaverse will need real-world controls to protect users from abuse, fraud and loss. Regulation takes time, and is difficult to apply globally. But ...