Following Recent Layoffs at Microsoft, Altspace VR Will Shut Down Its Service.
On Friday, Altspace VR, a social platform owned by Microsoft specializing in virtual reality, announced that it would shut down its service on March 10, 2023. The closure follows the latest layoffs at Microsoft.
Neopets metaverse successfully raises $4 million as classic game enters web3
The classic pet game, Neopets, which has enchanted players around the world for decades, is venturing into new territory with a $4 million investment in its innovative metaverse. As part of this growing trend...
Davos 2023: Metaverse to offer “real productivity” to industrial sectors
The metaverse is a topic of ongoing discussion among industry leaders and decision-makers, with many recognizing its potential to go beyond just a virtual version of reality.
Saudi Arabia Expands Its Pool of Skilled Professionals To Bolster Industrial Metaverse
Saudi Arabia is leveraging the power of the metaverse, traditionally associated with gaming, social media, and e-commerce, for industrial use. At the World Economic Forum in Davos, the Kingdom's Communications Minister, Abdullah Alswaha, announced...
Experiencing the Lunar New Year in an Epic Adventure with The Sandbox
The Sandbox is excited to announce a series of Lunar New Year experiences in partnership with brands and creators from Hong Kong, Mainland China, and Taiwan. The event will run for a period of...
Bringing Global Leaders Together in the Metaverse: The World Economic Forum’s Global Collaboration Village
At the next Davos summit, the World Economic Forum (WEF) plans to introduce the Global Collaboration Village, a virtual community that would resemble and operate like a genuine Swiss village. The community is available...
How Will The Metaverse Shape The Future of Construction and Real Estate?
Although the metaverse is gaining significant attention globally, many still need to learn about its exact definition and the potential business opportunities it offers. Only a few know that construction and real estate is...
A Wonderful Partnership between LG and Oorbit for Smart TV Metaverse Solution
Oorbit, a metaverse platform dedicated to improving gaming across 3D virtual worlds, has teamed up with LG Electronics, a South Korean conglomerate, to introduce metaverse games to smart TVs.
Seoul Government Opens City’s Metaverse Project To Public
With the stroke of a virtual pen, the Seoul government has unleashed a new era of innovation and possibility. In 2023, they unveiled "Metaverse Seoul," a digital realm where citizens can access the city's...
L’Oréal invests in Digital Village for a future in the Metaverse
L’Oréal, a major player in the cosmetics industry, recently invested its maiden venture capital in the Metaverse or web3 worlds by supporting Digital Village, a business that enables companies to generate their own virtual...