Metaverse: News

31 Oct 2024

Facebook

Meta posts $40.6 billion revenue in best quarterly performance ever

Meta, the parent company of Facebook and Instagram, has posted a record revenue of $40.58 billion for Q3 2024. This is a whopping 19% increase from last year's numbers.

04 Jun 2024

Lenovo

What to expect at Meta Connect: Headsets, AI, and more

Meta has officially announced the dates for its significant tech event, Meta Connect 2024. It is scheduled for September 25 and 26.

08 Feb 2024

Walt Disney

Disney invests $1.5bn in Epic Games for a 'persistent universe'

Disney is making a massive splash in the gaming world by investing $1.5 billion in Fortnite's creator, Epic Games.

03 Feb 2024

Apple

Apple Vision Pro gets Adobe's AI-powered services, crypto-focused metaverse app

Apple Vision Pro has debuted in the United States (US) market, accompanied by numerous app and service providers announcing their dedicated applications for the mixed-reality headset.

18 Oct 2023

Meta

Meta believes AI chatbots can revolutionize advertising

Meta is turning its attention to AI chatbots as a way to draw in advertisers, according to Chief Product Officer Chris Cox.

04 Oct 2023

Meta

Meta to fire employees working on metaverse silicon 

Meta Platforms is said to be gearing up for layoffs in its metaverse-focused Reality Labs division, specifically targeting the Facebook Agile Silicon Team (FAST) that works on custom silicon development.

15 Sep 2023

Meta

Meta's Horizon Worlds is now accessible on web and mobile

Meta has announced the expansion of its 3D social platform, Horizon Worlds, to mobile and web devices. It was previously exclusive to the company's virtual reality (VR) headsets.

27 Jul 2023

Meta

Meta's revenue rises despite mounting metaverse losses: Here's what happened

This time last year, Meta was nursing the wounds of a first-ever quarterly revenue decline. Things have changed one year down the line.

17 Jun 2023

Meta

Meet Voicebox, Meta's new AI model for speech generation

Meta has unveiled Voicebox, a cutting-edge AI model that can perform speech generation tasks such as editing, sampling, and stylizing.

16 Jun 2023

Startups

Everything about Bharatmeta, India's own metaverse platform

Imagine an Indian version of the metaverse. What would that look like?

23 Apr 2023

Electric Vehicles

Digital-only DarkRebel concept paves way for future CUPRA electric vehicles

SEAT-owned carmaker CUPRA has taken the wraps off the digital-only concept electric vehicle, the DarkRebel.

13 Jan 2023

Bill Gates

Bill Gates is not a big fan of Web3, metaverse

Microsoft co-founder Bill Gates is seemingly not a big fan of Web3 and metaverse. The tech doyen poured cold water over what is supposedly the next big thing during an Ask-Me-Anything session on Reddit.

02 Jan 2023

Mark Zuckerberg

#NewsBytesExplainer: Understanding Meta's Augmented Reality aspirations and what lies ahead

When Mark Zuckerberg founded Facebook, it changed the equation of social interactions. It was a disrupting force.

17 Dec 2022

Meta

Meta's VR head John Carmack resigns, calls company inefficient

John Carmack, the consulting Chief Technology Officer (CTO) for Meta's virtual reality initiatives has resigned to work on his AGI startup, Keen Technologies.

13 Dec 2022

Meta

Meta shutters its Connectivity division after nearly a decade

Meta Connectivity is no more. Almost a decade after launching the initiative, the company has shut down its Connectivity division.

07 Nov 2022

Meta

Meta is planning to fire thousands of employees this week

Large-scale layoffs could be on the horizon for Meta. The Mark Zuckerberg-led company is planning to cut thousands of jobs, The Wall Street Journal has reported.

24 Oct 2022

WhatsApp

WhatsApp is rolling out Facebook-like avatars to some beta users

Avatars have been slowly taking over Meta's universe of social media platforms. After Messenger and Instagram, they are also making their way into WhatsApp.

17 Oct 2022

Flipkart

Flipkart offers metaverse shopping experience with Flipverse

How to spice up your online shopping experience? Flipkart has a solution - shop in metaverse.

17 Oct 2022

Meta

Meta's Horizon Worlds is losing users and remains largely unexplored

Mark Zuckerberg's metaverse dream is struggling, as per a report by The Wall Street Journal. Horizon Worlds, Meta's virtual reality (VR)-based social app is reportedly finding it hard to hit its target monthly active users.

12 Oct 2022

Meta

Key takeaways from the Meta Connect 2022 event

Meta Connect 2021 saw the company then known as Facebook changing its name to Meta, signifying its metaverse ambitions.

12 Oct 2022

Meta

Meta launches Quest Pro VR headset at $1,500: Check features

After a year-long tease, Meta has finally unveiled the Quest Pro, its most advanced virtual reality headset at the Meta Connect 2022.

29 Sep 2022

Walmart

Walmart joins metaverse bandwagon with virtual worlds on Roblox

Multinational retail giant Walmart has made its metaverse aspirations known with two new experiences on the online gaming platform Roblox.

23 Sep 2022

TikTok

ByteDance announces Pico 4 headset to challenge Meta Quest 2

TikTok parent ByteDance's VR subsidiary Pico has announced its first all-in-one virtual reality headset, called Pico 4.

28 Jun 2022

HTC Mobiles

Beleaguered HTC introduces metaverse-focused Desire 22 Pro: Check features, price

Taiwanese consumer electronics company HTC has introduced the Desire 22 Pro as its first-ever smartphone with the built-in VIVERSE platform - the brand's own metaverse.

16 Jun 2022

PUBG

Meet Ana, a 'hyper-realistic' virtual human by PUBG's parent company

Krafton is known for the popular game PUBG, but that might change soon. A playful and realistic Gen Z virtual woman named "Ana" may soon become the Korean company's poster child.

18 Apr 2022

Marathi Cinema

'Sher Shivraj': First Marathi movie trailer gets launched in metaverse

Metaverse is slowly finding its place in the mainstream entertainment world.

07 Apr 2022

Rana Daggubati

All we know about Rana Daggubati's metaverse firm, Ikonz

Metaverse is all the rage right now.

25 Mar 2022

Daler Mehndi

'Balle Balle Land': What to expect from Daler's metaverse property?

After becoming the first Indian artist to hold a virtual concert in the metaverse, popular singer Daler Mehndi has become the first Indian, in fact reportedly the first Asian, to buy land in the virtual world, too.

17 Jan 2022

Harry Potter

This couple will hold wedding reception at Hogwarts in metaverse!

A Tamil Nadu couple, who met on Instagram, is checking several boxes with their upcoming wedding reception.

29 Oct 2021

Facebook

With focus on virtual reality, Facebook changes name to 'Meta'

Facebook has announced that it has changed its parent company name to 'Meta.' The new moniker is based on the sci-fi term metaverse.

18 Oct 2021

Facebook

Here's how Facebook is proceeding to build its metaverse

Despite a whistleblower and a worldwide service outage, Facebook continues its headlong dive into the metaverse and the journey of building it.

09 Sep 2021

Facebook

Ray-Ban teases launch date of Facebook's smart glasses

Rumors about Facebook's smart glasses have been afloat since January. We finally have reason to believe the rumors are true and Facebook is indeed developing smart glasses, although the AR capability remains questionable.