VR

Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
February 24, 2023  |  Big Tech

While Meta takes a monthly billion-dollar haircut on its metaverse strategy, Microsoft is also struggling. At least as it relates to the here-by-tomorrow potential of metaverse virtual...

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Advances in Metaverse Mapping Promise Trickle-Down Improvements IRL
Advances in Metaverse Mapping Promise Trickle-Down Improvements IRL
February 13, 2023  |  Metaverse

Companies are betting, and losing, billions that the world of tomorrow will include the metaverse. That’s as the concept of virtual world platforms, historically associated...

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Why the Metaverse Has a Social Engagement Problem
Why the Metaverse Has a Social Engagement Problem
February 08, 2023  |  Metaverse

Sometimes the best way to introduce users to the metaverse is by completely ignoring everything we’ve heard about the metaverse. With brands including Adidas, Gucci...

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Gemba Raises $18M for Executive Training in the Metaverse
Gemba Raises $18M for Executive Training in the Metaverse
January 25, 2023  |  Metaverse

Gemba, a workplace virtual reality (VR) startup, has netted $18 million in a Series A funding round. According to a Wednesday (Jan. 25) press release...

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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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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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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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Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
November 21, 2022  |  Merchant Innovation

Considering that the Egyptian pound has lost nearly a quarter of its value against the greenback since the beginning of 2022, while the country’s car...

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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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