Page 8 - Metaverse

Facebook owner Meta reports first ever revenue decline, income falls by 36%

Facebook and Instagram's parent company Meta reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 per cent drop to USD 28.8 billion

Automakers drive into the metaverse to cater to digitally savvy customers

Marquee car companies are launching virtual reality platforms to cater to digitally savvy younger customers

TechM, Mahindra University to set up lab for Metaverse, quantum computing

Tech Mahindra already has 10 Makers Lab across the world and the new unit at Mahindra University will be the 11th facility globally and second in Hyderabad.

Zuckerberg, Sandberg to testify in Cambridge Analytica privacy lawsuit

Meta's Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg will testify in a lawsuit claiming Facebook illegally shared user data with research firm Cambridge Analytica

Facebook shifts focus from news to creator economy amid TikTok threat

Threatened by the surge in TikTok user base, Meta is changing its focus from news to building a creator economy and has reportedly reallocated resources from Facebook News

Installation art company Meta sues Facebook over trademark violation

Meta, a small business operating in the immersive and experiential technology industry since 2010, has filed a lawsuit against Facebook for trademark violation

Dubai's metaverse plan targets 40,000 virtual jobs in next five years

Government aims to develop global standards in building safe and secure platforms for users and develop infrastructure and regulations to accelerate adoption of these technologies, WAM news said

Facebook testing options for several profiles from single account

While Facebook prohibits users from having over one account, the feature would let them create up to five profiles under their account to engage with different topics or groups of people

WhatsApp may soon let you upload voice messages on status updates

Meta-owned messaging platform WhatsApp is working on a new feature that may allow users to post voice notes on their status updates.

Amid crypto crash, Meta says will shut down its digital wallet Novi in Sept

Meta's money-transfer service that uses the company's own cryptocurrency digital wallet 'Novi pilot' is shutting down on September 1.

Of moon and models catwalking on water: A fashion show in metaverse

A metaverse fashion show puts the spotlight on challenges, possibilities

Many could not watch it since India still doesn't have the 5G network

Meta and other tech giants form metaverse standards body, exclude Apple

Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to gaming companies

Bharti Airtel launches India's first 20-screen multiplex. In the Metaverse

Airtel's Xstream multiplex will be a 20-screen platform with access to content portfolios from leading OTT partners available on the application

Meta unfriends FB stock ticker in final farewell to the Facebook era

Meta Platforms Inc rebranded from its eponymous social networking platform in October 2021, betting that the metaverse, a shared virtual realm, will succeed mobile internet

MG Motor launches Metaverse platform MGverse with five experience centres

The platform will be accessible on mobile as well as other web browsers and the company also intends to make similar experiences available for VR (Virtual Reality) headsets

Reels & short videos are biggest lever of Meta's growth: Ajit Mohan

The second lever is business messaging, said Mohan

WhatsApp bans 1.6 mn Indian accounts in April with compliance to IT rules

Meta-owned WhatsApp on Wednesday said that it banned over 16.6 lakh bad accounts in India in the month of April in compliance with the new IT Rules 2021.

Indian firms log on to Metaverse, from jewellery brand to IT giants

It's not just Facebook: more and more companies are keen to offer customers and employees the joys of working and playing in the virtual world.

WEF 2022: How the metaverse can be a force for good in an uncertain world

The metaverse will make e-commerce experiences more realistic and immersive