Metaverse

Fidelity Investments Plans NFT Marketplace and Metaverse Services
Fidelity Investments Plans NFT Marketplace and Metaverse Services
December 27, 2022  |  NFTs

Fidelity Investments’ metaverse plans reportedly include developing an NFT marketplace. The financial services corporation has filed trademark applications for a non-fungible token (NFT) marketplace, metaverse...

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Metaverse Will Keep Getting 20% of Meta’s Investments 
Metaverse Will Keep Getting 20% of Meta’s Investments 
December 19, 2022  |  Meta

Meta will continue to devote 20% of its investments to its metaverse business.  While that share goes to its business devoted to such projects —...

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Zuckerberg: Social Media Is Meta’s Primary Focus
Zuckerberg: Social Media Is Meta’s Primary Focus
November 30, 2022  |  Meta

The company that rebranded from Facebook to Meta is still focused on social media.  So said Meta Founder, Chairman and CEO Mark Zuckerberg, who added...

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FTC and Meta Spar in Antitrust Case Over Acquisition of VR Developer
FTC and Meta Spar in Antitrust Case Over Acquisition of VR Developer
November 22, 2022  |  Meta

In a suit that aims to block Meta Platforms’ acquisition of virtual reality fitness app developer Within Unlimited, the Federal Trade Commission (FTC) reportedly said...

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Nike Dives Deeper Into Metaverse With ‘.Swoosh’
Nike Dives Deeper Into Metaverse With ‘.Swoosh’
November 14, 2022  |  Metaverse

Nike is continuing its investment in the metaverse with “.Swoosh,” a digital, blockchain-powered meeting place for athletes, collectors, creators and consumers. According to a Monday...

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Meta Kills Portal Hardware Business
Meta Kills Portal Hardware Business
November 13, 2022  |  Meta

Meta Platforms reportedly plans to end its Portal smart display and its smartwatch projects as it focuses on core businesses in the wake of sweeping...

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FIFA World Cup Kicks Off in the Upland Metaverse
FIFA World Cup Kicks Off in the Upland Metaverse
November 09, 2022  |  Metaverse

Upland, a mirror metaverse that replicates real-world locations in virtual reality announced on Wednesday (Nov. 11) that it has begun a multiyear partnership with FIFA...

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Meta Invests in Metaverse Plans Amid Sweeping Layoffs
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022  |  Meta

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions....

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Metaverse Alliance Seeks Interoperability Standards as Meta Shareholders Rage
Metaverse Alliance Seeks Interoperability Standards as Meta Shareholders Rage
November 03, 2022  |  Metaverse

Meta Platforms shareholders are gritting their teeth after CEO Mark Zuckerberg has made little concession to their fears that the social media giant’s ballooning and...

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