CEO Mark Zuckerberg's massive bet on the metaverse initially seemed like a terrible idea. Only a year after he announced the company's plan to change its name from Facebook to Meta Platforms (NASDAQ: ...

Dropp Group has acquired metaverse platform Phly for $25 million to build “digital twins” of the major cities in the world. Dropp said it is combining with Phly (which also spells its name Flyy), a ...

The global metaverse market size was US$ 62.6 billion in 2021. The global metaverse market is forecast to grow to US$ 848.8 billion by 2030 by registering a compound annual growth rate (CAGR) of 39.1% ...

Meta Platforms is in the early stages of an exciting new technology. Its initial approach to presenting its vision of the metaverse flopped. But observers praise the company's more recent advertising ...

Understandably, not everybody can afford to drop $1,500 on a pro-level mixed-reality headset for entertainment purposes - not until the metaverse and VR/AR headsets become more widely adopted, like ...

A court hearing features the use of virtual headsets and avatars in the metaverse. The usage comes as Meta Platforms is investing heavily in the metaverse. Live on Wednesday: Historic Summer Setup: 3 ...

The metaverse has become a hot topic in recent years. Though its origin is rooted in a 90s science fiction novel, the metaverse gained popularity once it was brought to the forefront of the lexicon in ...

There isn't much interest from teens for virtual reality headsets, according to a recent survey from Piper Sandler. The metaverse is also not nearly as popular as it was when Meta Platforms first ...

Asset Acquisition Includes Patent Pending Metaverse Related Technology. Fairfield, CA., July 06, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks'' or the “Company”), (CSE: MWRK and ...

Update 10:10 AM in UTC: This article has been updated to shorten the final quote. Emerging Web3 metaverse platforms could solve the loneliness epidemic, a growing concern in the digital age.

The next wave of immersive development is being shaped not by walled gardens and proprietary tools, but by open platforms, ...