Still Can’t Figure Out the Metaverse? Ask the Gulf
The report by PwC subsidiary Strategy & Middle East estimates the metaverse to boost the Saudi economy by $7.6 billion annually within the next eight years.
Animoca Brands Targets $131B Music Industry Opportunity with Majority Stake in PIXELYNX
The leading blockchain investment company has acquired a controlling stake in the Calif-based music metaverse startup.
Metaverse Fashion Week to Return in March 2023
Tokens.com subsidiary, Metaverse Group, will host the luxury portion of the show in its Luxury Fashion District again.
Meta Asks Policymakers to Take a Hands-Off Approach to Metaverse Regulation
The company has released a document asking the government to take a hands-off approach to metaverse regulation.
Firefox Creator Mozilla Buys Active Replica to Accelerate Metaverse Strategy
Mozilla announced Wednesday that it has acquired the Vancouver-based startup developing a web-based metaverse.
Mariah Carey Makes Metaverse Debut with Virtual Performances on Roblox
Mariah Carey’s Winter Wonderland is accessible throughout the month of December through Roblox’s Livetopia.
FIAT Opens First Metaverse-powered Showroom with End-to-end Sales
The FIAT Metaverse Store launches in Italy, FIAT's home country, with its flagship model, the New 500 La Prima by Bocelli.
CFDA Celebrates 60th Anniversary with Metaverse Exhibition in The Sandbox
The Council of Fashion Designers of America is making its first foray into the metaverse.
Zuckerberg Upbeat About the Future of the Metaverse Despite Criticism
The Meta CEO has faced criticism for going all in on the metaverse but Wednesday revealed that 80% of the workforce is committed to Meta’s legacy apps.
South Korea’s Shinhan Bank Opens First Metaverse Platform in the Country’s Financial Sector
The ‘Shinamon’ metaverse platform will provide financial and non-financial services to customers.