Virtual insanity? Why the metaverse might be closer than you think
3 years, 2 months ago

Virtual insanity? Why the metaverse might be closer than you think

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s the same in virtual worlds – they’re built by the people for the same people,” she continues, alluding to her experiences designing games in the Eighties and Nineties. “I don’t wake up and think about, ‘Oh, what cafe am I going to go to?’ or, ‘Oh, what friends am I going to see?’ I think about the internet and how I need to speak to somebody who is in a different country but we can only meet in an art gallery that’s been built on the Ethereum blockchain.” open image in gallery Travis Scott appears on ‘Fortnite’ in 2020 In the preliminary metaverse, Briggs has found community, opportunities and a thriving art career. She says there “just isn’t as much opportunity in the physical world” for up-and-coming creators and as a result “young people are feeling disillusioned with real life”. “Digital fashion does not just have the potential to replace fast fashion; we’re solving a lot of issues that we’re currently facing in the fashion industry with overconsumption, general waste and exclusivity,” continues Aulbekova.

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History of this topic

CES 2023: Smelling, touching take center stage in metaverse
1 year, 11 months ago

CES 2023: Smelling, touching take center stage in metaverse

Associated Press  

LAS VEGAS — Is the metaverse closer than we think? Taiwanese tech giant HTC unveiled a high-end VR headset that aims to compete with market leader Meta, and a slew of other companies and startups touted augmented reality glasses and sensory technologies that can help users feel — and even smell — in a virtual environment. “We are entering an …

EXPLAINER: What is the metaverse and how will it work?
1 year, 11 months ago

EXPLAINER: What is the metaverse and how will it work?

Associated Press  

The term “metaverse” is the latest buzzword to capture the tech industry’s imagination — and while Facebook parent Meta is the best-known entrant into this futuristic virtual concept, it’s certainly not the only one. Mark Zuckerberg’s all-in embrace — including renaming his company and investing tens of billions of dollars — might be the biggest thing to happen to the …

Connecting concepts: Briding gaps between digital, physical world through technology
1 year, 11 months ago

Connecting concepts: Briding gaps between digital, physical world through technology

New Indian Express  

Meet My Digital Twin While brands are trying out metaverse as a new marketing channel, expect more companies to go in for ‘digital twins’—computer-generated 3D models of physical objects. Several companies have already implemented digital twin pilots in training, designing and prototyping products, onboarding new employees, and in meetings and presentations. In 2022, instead the Meta’s grand metaverse ambitions going …

Meta’s sad quest to convince corporates to join the metaverse
2 years ago

Meta’s sad quest to convince corporates to join the metaverse

The Telegraph  

A year after its launch, the Metaverse is still baffling to many. As Meta struggles with slowing sales amid founder Mark Zuckerberg’s fixation with computerised virtual reality worlds, brands are wondering whether they too need to follow the 38-year-old tech whizz into his bizarre vision of the future. Many companies have piled their marketing millions into metaverse experiments, launching virtual …

After Elon Musk's Twitter, Meta To Slash Thousands of Jobs: All You Need To Know
2 years, 1 month ago

After Elon Musk's Twitter, Meta To Slash Thousands of Jobs: All You Need To Know

The Quint  

The possible layoffs have been triggered for two reasons – Meta’s growth stagnancy in its core social media business, and a lack of returns in its “metaverse” technology, focussing on augmented reality. The Hitch: Investors have expressed displeasure with increased spending on the “metaverse” through the company’s Reality Labs, which made a $3.7 billion loss over the last three months. …

Amazon’s head of hardware wants to ‘enjoy the real world’ rather than put people in the metaverse
2 years, 7 months ago

Amazon’s head of hardware wants to ‘enjoy the real world’ rather than put people in the metaverse

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amazon’s head of devices has said that the company is working on devices …

Are you ready for the Metaverse?
2 years, 8 months ago

Are you ready for the Metaverse?

The Hindu  

“One of the definitions of sanity is the ability to tell real from unreal. Soon we’ll need a new definition.” Alvin Toffler In 1992, science fiction writer Neil Stephenson coined the term Metaverse to describe a Virtual Reality-based version of the Internet of the future where people will be completely immersed in the reality of an unreal world. Combining AR, …

Metaverse fashion week draws big brands, startups
2 years, 8 months ago

Metaverse fashion week draws big brands, startups

Live Mint  

Brands including Forever 21, DKNY and Estée Lauder have joined in the first Metaverse Fashion Week, which began Thursday and runs through Sunday in the virtual world called Decentraland. “It sends a signal that virtual fashion is here to stay and virtual fashion will continue to become something that is of interest for brands," said Cathy Hackl, chair of Metaverse …

Metaverse is still a mystery for over 1 in 3 consumers- Report
2 years, 10 months ago

Metaverse is still a mystery for over 1 in 3 consumers- Report

India TV News  

As the world of technology goes gaga over the metaverse, more than one-third of consumers have never heard of the buzzword, according to a new report. "This is a helpful signal to temper short term expectations of the metaverse, and its potential impact on consumer's daily life," said Kyle Rees, senior director analyst. "It will be exciting to see how …

Meta, formerly Facebook, faces historic drop as stock tanks
2 years, 10 months ago

Meta, formerly Facebook, faces historic drop as stock tanks

Associated Press  

Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it. At the same time, it invested more than $10 billion in CEO Mark Zuckerberg’s ambitious plan to transform Meta Platforms Inc. into a virtual reality — actually, make that “metaverse-based” — company. “Betting big …

Expect in 2022: Mark Zuckerberg launching new VR headset and talking big on Meta, VR headset from Apple, Google
2 years, 11 months ago

Expect in 2022: Mark Zuckerberg launching new VR headset and talking big on Meta, VR headset from Apple, Google

India Today  

In our top predictions for 2022, we had mentioned how we expect the metaverse concept to blow up this year. And since we are talking about names, no company has embraced the metaverse concept as dearly as Meta, formerly known as Facebook. Now that the concepts of the metaverse and virtual reality and augmented reality have become the buzzwords, it …

Metaverse: The world of tomorrow or a dystopia waiting to happen?
3 years ago

Metaverse: The world of tomorrow or a dystopia waiting to happen?

The Independent  

When James Cameron’s groundbreaking movie Avatar was released in 2009, one cinemagoer who didn’t like it, famously joked that it had been made in 3D because Cameron couldn’t fit so much rubbish into two dimensions. It is an internet that you can actually interact with, like we do in the physical world.” open image in gallery Facebook whistleblower Frances Haugen …

Metaverse: a $50 billion revenue opportunity for luxury - MS
3 years, 1 month ago

Metaverse: a $50 billion revenue opportunity for luxury - MS

Live Mint  

Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to Morgan Stanley. "The Metaverse will likely take many years to develop; however, NFTs and social gaming present two nearer-term opportunities for luxury brands," it said. According to Morgan …

Bill Maher says Mark Zuckerberg's 'metaverse' will only create more angry, misogynistic "incels"
3 years, 1 month ago

Bill Maher says Mark Zuckerberg's 'metaverse' will only create more angry, misogynistic "incels"

Salon  

Bill Maher mocked Facebook CEO Mark Zuckerberg on Friday night in the wake of a recent announcement that the company is changing its name to Meta. "Someone has to tell me why we keep allowing social media and our very lives as social creatures to be dictated by the most socially awkward person in history," Maher said of Zuckerberg during …

What is metaverse? Why Facebook is investing billions in this new project
3 years, 1 month ago

What is metaverse? Why Facebook is investing billions in this new project

Live Mint  

Facebook Inc said on Monday it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the "metaverse" and as it reported that its main advertising business faces "significant uncertainty." Some people also use the word metaverse to describe gaming worlds, in which …

What is Metaverse - Facebook's big bet, and next big thing after internet?
3 years, 2 months ago

What is Metaverse - Facebook's big bet, and next big thing after internet?

Business Standard  

If media reports are to be believed, Facebook is planning to rebrand itself with a new name next week to reflect its focus on building the metaverse. Facebook already has 10,000 employees in its Reality Labs division working on Augmented Reality and Virtual Reality devices and it has invested heavily in VR and AR with a goal to connect its …

Welcome to the metaverse - virtual worlds where you can work, play and own property
3 years, 3 months ago

Welcome to the metaverse - virtual worlds where you can work, play and own property

The Telegraph  

LeBeau knows this more than most. “We were thinking, ‘We’re eight hours away from California, how do we still have the same kind of impact from this distance?’” From social media to the metaverse For Facebook, which expects around half of its staff to work from home in the next decade, these meetings might become the norm. It is also …

The next big internet revolution: what is the metaverse?
3 years, 4 months ago

The next big internet revolution: what is the metaverse?

Live Mint  

Imagine a world where you could sit on the same couch as a friend who lives thousands of miles away, or conjure up a virtual version of your workplace while at the beach. The metaverse is, in fact, the stuff of science-fiction: the term was coined by Neal Stephenson in his 1992 novel "Snow Crash", in which people don virtual …

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