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Meta reins in metaverse ambitions, cuts budget by 20%
Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division and laying off some senior staff.
Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division and laying off some senior staff.
The last series of BSV Association's report, titled "Navigating Digital Transformation: Building trust in an automated world," dives on how and why BSV blockchain is posited as the go-to technology.
Meta has advertised a new role whose responsibilities include fusing generative AI with the metaverse, and it’s willing to pay $347,000 annually plus bonuses.
IKEA and Roblox merged this week, opening "The Co-Worker Game" on Roblox's virtual-world platform—IKEA describes it as "the brand's first foray into mainstream gaming."
Zetly has achieved significant milestones over the past two years, and despite challenging market conditions, the team has pursued the company's vision, engaging in dynamic growth and innovation.
At the London Blockchain Conference 2024, Dr. Daniel Diemers, co-founder and board member of the Swiss Metaverse Association, explained the impetus for the association's Regulatory Position Paper.
A major leap toward South Korea's digitization efforts, LG Uplus rolls out its metaverse platform at Yonsei University, giving students new ways to experience academic life with heightened realism.
Metaverse users will get to experience some of the best attractions Wales has to offer, with the government hoping that this will attract more tourists.
Omniscape CEO and Co-Founder Robert Rice joined the CoinGeek Weekly Livestream, talking about the metaverse, AR/VR, and what his company is currently working on.
An "Airbus for the metaverse" is projected to provide a European innovation network while ensuring access to skilled talent in Europe and foster demand, scale, and open innovation across the bloc.
The studies will recreate the tasks that astronauts are expected to face in the space, NASA will rely on the expertise of SpaceX's Raja Chari and Nicole Mann who led Crew-3 and Crew-5 missions.
A report by Omnia Health says medical tourism faces challenges the metaverse can solve, such as stressful pre-travel arrangements and inadequate communication.