Author: Stanley U.

It seems to be a very interesting time in the metaverse space. Despite complaints and criticisms against the metaverse, people are still seeing it as a promising market. It’s paradoxical how Meta’s metaverse investment seems to have burnt its fingers, yet brands like Adidas and Hublot are rushing in. Here are a few interesting happenings recently. The Biggest Tech Layoff in 2022: Meta Axes 11,000 Employees Meta has just earned the award of seeing through with the biggest tech layoff in 2022 by axing 11,000 employees. It’s no longer news that Meta has pumped more than a fortune into the metaverse.…

The metaverse is gradually rising in its search volume over different search engines. Of course, one could ascribe this to the energy that Meta, formerly Facebook, has put into it in the recent past. In fact, some people think that Meta is currently being negatively affected by its investment in the metaverse project. Here are a few things that have happened in the metaverse this week. 3 Things About Meta Platforms That Smart Investors Know No doubt, it has been an unpalatable year for Meta as its shares tumbled down more than 70%. As it stands, the company has lost…

Wonders never cease to happen around the metaverse. While people are rushing in to grab a space, others are lamenting over a not-too-good fortune. Here’s a highlight of a few interesting things to know. McCain Goes to the Metaverse McCain, a frozen food conglomerate are calling on young consumers to farm its metaverse potatoes in a new game on Roblox. McCain is the world’s largest manufacturer of prepared potato products and it’s hoping to educate these young farmers about challenges facing the farming community and the benefits of regenerative farming. Farm of the Future us integrated into Roblox’s popular Livetopia…

It’s amazing how swiftly the world is adopting the metaverse. Despite that people are being pessimistic about the whole setup, governments and financial institutions are headed in its direction. There are some interesting things to know about metaverse’s recent development and here are a few. Metaverse Cops: INTERPOL Launch Online Virtual Global Police Force The global police organization, INTERPOL has unveiled the first metaverse designed specifically for law enforcement around the world. This will allow registered users to tour a virtual office at INTERPOL’s General Secretariat headquarters in Lyon, France. The platform will allow users to interact with other officials.…

The metaverse has kept a lot of people busy recently. Few weeks ago, the news leaked that Meta’s Horizon World is full of bugs. However, many other interesting things have been going on in the metaverse, and here are some of them. Consumer Study Shows 5G Is Paving Path To Metaverse – Ericsson At the onset of the COVID-19 pandemic, people were really scared that it had something to do with the 5G network and the internet of things. As it is now, 5G seems to be opening up doors to newer opportunities, and consumers are showing great commitment…

Meta Has Unveiled the Meta Quest Pro Next-Gen VR Headset There has been a great deal of speculation about the next generation VR headset that Meta was working on. In fact, Meta has built enough hype around it to make users almost want to wank it out from the laboratory. But at long last, it seems to have stopped being a speculation. Meta has finally unveiled the Meta Quest Pro, designed to make the Metaverse unmissable. Those were the exact words used by Meta to describe the VR headset at Meta Connect.  The Meta Quest Pro is a powerful, stand-alone…

Horizon Worlds: Meta Isn’t Even Using Its Metaverse App  It is no longer a secret how much Mark Zuckerberg invested into the metaverse. One would expect such a heavy investor to be a patriotic user. However, things seem to have gone wrong. Meta’s virtual reality network Horizon Worlds is suffering from bugs and isn’t even being used much by the team that’s building it. Internal communications within Meta reveal problems for the VR network that’s Meta’s main endeavor towards building a metaverse. Currently, Horizon Worlds boasts of 300,000 users since its launch on Quest in December 2021. Horizon Worlds is…

Dubai Holds Metaverse Assembly A close look at happenings in Dubai will quickly reveal that the whole administration of her government will soon move to the metaverse. As of yesterday, September 28th, Dubai started a Metaverse Assembly, with more than 300 global experts in attendance on the first day. The Crown Prince of Dubai, Prince Sheikh Hamdan bin Mohammed made his first appearance at the Assembly at the Museum of the Future. The goal of the Assembly is to bring technology experts together, as well as people from the metaverse community to discuss inherent opportunities in the metaverse. Before now,…

Currently, the metaverse space is looking a bit different from what people thought it’d be from the onset. As it is, many organizations, including governments, are already giving it a try. For instance,  Mastercard filed 15 metaverse and Crypto trademarks in April alone. Here’s a bit of other things you should know for this week. Nedbank Enters the Metaverse Well, it was thought that Africa would be the last to embrace the internet. Or worse still, that they’d never go anywhere near it. Nedbank seems to be changing the narrative as it becomes the first African bank to enter the metaverse.…

Low-carbon, Metaverse to Drive Shanghai’s Economic Growth Shanghai is aiming to attain an industrial scale of more than 1 trillion yuan (US$143.7 billion) by 2025. One of the ways they plan to achieve this is by creating new sectors that would promote low carbon use and emission, using metaverse and other smart terminals. As it stands, Shanghai’s government has started putting plans in place on how to harness these new tracks to expand the city’s industrial system. This was gathered from Wu Jincheng, Director of the Shanghai Commission of Economy and Informatization, in his speech on Wednesday. The green and…