Metaverse

Meta Plans Second Smart Glasses Generation as First One Flounders
Meta Plans Second Smart Glasses Generation as First One Flounders
August 03, 2023  |  Meta

Last month, Meta CEO Mark Zuckerberg said he was still optimistic about the metaverse. Consumers, however, seem less enthusiastic about the devices designed to serve...

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Zuckerberg: Meta Still ‘Fully Committed’ to Metaverse
Zuckerberg: Meta Still ‘Fully Committed’ to Metaverse
July 27, 2023  |  Meta

Meta’s metaverse plans are still on track, according to the company’s CEO. “Our investments in AI continue. We remain fully committed to the Metaverse vision as...

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Zuckerberg Sees Three AI Categories Driving Meta’s Growth 
Zuckerberg Sees Three AI Categories Driving Meta’s Growth 
July 27, 2023  |  Meta

Meta’s investments in tomorrow are running up tens of billions in losses today. But while the tech giant’s Reality Labs segment, responsible for the metaverse...

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Futureverse Raises $54 Million in Funding to Build Metaverse Platform
Futureverse Raises $54 Million in Funding to Build Metaverse Platform
July 18, 2023  |  Metaverse

Futureverse has raised $54 million in a Series A funding round to scale its platform that will enable developers and users to create and engage...

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Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
July 13, 2023  |  Metaverse

Bank of America is using digital tools to prepare employees for real-world situations. The bank is using the latest in artificial intelligence (AI), virtual reality (VR)...

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Report: Meta Looks to Tencent to Relaunch Business in China
Report: Meta Looks to Tencent to Relaunch Business in China
July 03, 2023  |  Meta

Meta has reportedly turned to China’s Tencent to resurrect its business in that country. A potential roadblock to the tech giant’s efforts, however, could be...

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Apple’s Glasses May Re-spark Interest in Virtual Reality but Roadblocks Remain
Apple’s Glasses May Re-spark Interest in Virtual Reality but Roadblocks Remain
June 22, 2023  |  Technology

Cost of entry is just one barrier as consumers continue to express interest in alternate reality platforms. First, it seemed like Google’s glasses would be the...

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J. Crew, Laneige, Elizabeth Arden Embrace Virtual Storefronts to Drive Engagement and Loyalty 
J. Crew, Laneige, Elizabeth Arden Embrace Virtual Storefronts to Drive Engagement and Loyalty 
June 09, 2023  |  Retail

Brands and retailers want to boost consumer engagement and loyalty and are willing to go into other mediums, even if there isn’t any publicized data...

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Report: Apple Acquires AR Headset Maker Mira
Report: Apple Acquires AR Headset Maker Mira
June 06, 2023  |  Apple

Apple has reportedly acquired augmented reality (AR) headset maker Mira. The tech company retained at least 11 employees from the acquired firm, The Verge reported Tuesday (June 6), citing...

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