DeFi and metaverse will open up opportunities for the financial services industry, Hong Kong Institute for Monetary and Financial Research executive says.

There was a time when the metaverse seemed like the next big thing, and Facebook deciding to rebrand its umbrella corporation as Meta was a major contributing factor for that.

Das letzte Mitglied von Disneys Metaverse-Team ist ebenfalls gegangen.

Plus: name-checking Neal Stephenson, beauty’s role in product design, and ranking Silicon Valley’s AI worrywarts.

Bubble PopVirtual real estate platform Decentraland, once valued at $1 billion, is now in free fall.

Meta, the self-styled “metaverse company” formerly known as Facebook, has taken on a novel role de-hyping the virtual world technology its founder bet the farm on just a few short years ago.

Global brands and celebrities are increasingly adopting the metaverse.

Game developers are more skeptical of metaverse and blockchain projects, according to a new survey by the Game Developers Conference.

Future of WorkIn an apparent attempt to both appeal to the broader public and ink every corporate partnership fathomable, Facebook-turned-Meta CEO Mark Zuckerberg has put a lot of effort into marketing his expensive metaverse as the future of work.

The metaverse is getting a lot of attention as businesses are finding new ways to utilize it.

Facebook’s parent firm really means business and that’s one of the many reasons why it is busy throwing more and more funds into its metaverse.

Apple and Sony might be players to watch in 2023 in the field of VR, but for the moment VR headset shipments declined by 12% around the world last year. This brings the total number of headset shipments down to just 9.6 million after having crossed 10 million in 2021.