Metaverse

Convenience Stores Lose Their Way With Forays Into Metaverse

Convenience Stores Lose Their Way With Forays Into Metaverse
Convenience Stores Lose Their Way With Forays Into Metaverse
January 03, 2023  |  Metaverse

Convenience stores’ recent moves into the metaverse bely industry-wide confusion about their value proposition. Take, for instance, 7-Eleven. Korea Seven, a franchisee of the convenience...

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Metaverse Meltdown Looks Poised to Continue into 2023
Metaverse Meltdown Looks Poised to Continue into 2023
January 01, 2023  |  Metaverse

New year, new opportunity — but for the metaverse meltdown, well, that seems poised to continue. By the looks of it, the metaverse (and Meta’s...

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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  |  Facebook / 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  |  Facebook / 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  |  Facebook / 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  |  Facebook / 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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