Metaverse
- Middle East
Saudi Arabia launches ‘national cultural metaverse platform’
Riyadh: The Kingdom of Saudi Arabia’s Ministry of Culture has launched the world’s first ‘National Cultural Metaverse Platform’, supported by the artificial intelligence system for Generative Media Intelligence (GMI). The initiative is…
- Technology
Meta to lay off employees in metaverse-driven Reality Labs: Report
San Francisco: Meta is reportedly planning to lay off an unknown number of employees from its metaverse-driven Reality Labs division. Employees have been informed about the impending layoffs on Wednesday (US time)…
- Business
Metaverse users to surpass over 600 mn by 2026 due to generative AI: Report
New Delhi: Metaverse (the virtual 3D environment in which the physical and digital worlds converge) users will surpass 600 million by 2026 due to generative artificial intelligence (AI), a new report has…
- Technology
Metaverse hype is dead, admits Meta’s Indian-origin executive Vishal Shah
San Francisco: Meta’s Indian-origin executive Vishan Shah, who oversees Meta’s metaverse project, has claimed that the “hype” around the metaverse is dead. He said that the metaverse was part of a “hype…
- Technology
Metaverse, Web3 market to reach $200 bn in India by 2035: Report
New Delhi: The Metaverse and Web3 market opportunity in India is expected to grow at an annual growth rate of nearly 40 percent, with the potential to become a $200 billion industry…
- Business
Metaverse, Web3 market to reach $200 bn in India by 2035: Report
New Delhi: The Metaverse and Web3 market opportunity in India is expected to grow at an annual growth rate of nearly 40 per cent, with the potential to become a $200 billion…
- Business
Sony, Manchester City building a metaverse
Las Vegas: Tech giant Sony has shown a brief look of the metaverse experience it is building with the football club Manchester City at the Consumer Electronics Show (CES) 2023. Sony and…
- India
From Mars to Metaverse, as UAE aims high, opportunities open up for India
Abu Dhabi: The year 2022 ends on a positive note with regard to India-UAE relations, with business and political ties between the two countries scaling new heights. The UAE is India’s third…
- Technology
Flipkart joins Polygon to launch metaverse use cases in e-commerce space
Bengaluru: Flipkart on Friday partnered Ethereum-based Blockchain platform Polygon to set up a centre of excellence (CoE) that will work on research and development of Web3 and metaverse commerce use-cases in India.…
- Technology
Meta logs another revenue decline amid concerns over metaverse plans
San Francisco: Meta (formerly Facebook) has posted another quarterly revenue decline as investors begin to lose faith in its loss-making, billion-dollars metaverse dream. In the third quarter (Q3), Meta’s revenue declined 4…
- Middle East
Saad Lamjarred, Ragheb Alama to hold first-ever concert in Metaverse
The Arab singers Ragheb Alama and Saad Lamjarred are all set to hold the first-ever Avatar concert in the Metaverse on Thursday, October 20, 2022. ‘Concerts of the Future — A step…
- Technology
Flipkart partners with eDAO to launch virtual shopping experience in metaverse
Bengaluru, Oct 17 (IANS) Homegrown e-commerce platform Flipkart on Monday announced that it has partnered with Polygon-incubated organisation eDAO to launch Flipverse — a metaverse space where consumers can discover products in…
- Technology
Flipkart partners with eDAO to launch virtual shopping experience in metaverse
Bengaluru: Homegrown e-commerce platform Flipkart on Monday announced that it has partnered with Polygon-incubated organisation eDAO to launch Flipverse — a metaverse space where consumers can discover products in a photorealistic virtual…
- Technology
Microsoft brings animated avatars to Teams in metaverse push
San Francisco: Microsoft has announced to bring your digital avatar right into its video conferencing software ‘Teams’. With the new update, the company will bring ‘animated avatars’ to Teams in its premium…
- Business
Microsoft, Meta partner to deliver immersive experiences in VR
New Delhi: Microsoft and Meta have partnered to deliver immersive experiences in VR. This collaboration will bring Teams and Microsoft’s other productive tools to VR headset, and Meta gets a partner in…