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augmented reality

Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
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9 February, 2023

Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more

Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
Meta investors panic as Zuckerberg doubles down on Metaverse
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31 October, 2022

Meta investors panic as Zuckerberg doubles down on Metaverse

Meta's shares tumbled after the release of its Reality Labs financial report, which saw an operating loss of $3.67 billion...
Metaverse market to generate $50B with finance sector adoption by 2026: report
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4 August, 2022

Metaverse market to generate $50B with finance sector adoption by 2026: report

Technavio forecasts that by geographical segmentation, finance key players in North America will contribute the most to the advancement of...
Hong Kong University of Science and Technology to launch metaverse campuses
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4 August, 2022

Hong Kong University of Science and Technology to launch metaverse campuses

The platform named MetaHKUST will use XR technology to provide an immersive study experience that will connect student and research...
Omniscape launches virtual goods marketplace, trading coming soon
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1 July, 2022

Omniscape launches virtual goods marketplace, trading coming soon

Transmira has "soft-launched" a virtual goods marketplace on its Omniscape XR platform; the team is also inviting users to join...
Banking giant JPMorgan sees $1 trillion value in metaverse
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3 March, 2022

Banking giant JPMorgan sees $1 trillion value in metaverse

Multinational investment bank JPMorgan recently released a report on the “Opportunities in the Metaverse,” believing that there is over $1...
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