Meta To Pay $725M In Historic Settlement In Cambridge Analytica Case
Meta Platforms agreed to pay around $725 million to resolve a class-action lawsuit that involved Cambridge Analytica in a historic settlement. Reports emerged that Meta Platforms agreed to pay $725M to...
View ArticleSeoul Government Unveils City’s Metaverse Project To Public
Based on a statement by Seoul Mayor Oh Se-hoon, the virtual environment will enable residents to access official documents, file all sorts of complaints, and get answers to questions on filing taxes....
View ArticleWeb3 Company To Run Super Bowl Ad For NFT Game As Crypto Is Ignored
Some of the major operators in the crypto space had their commercials booked for the Super Bowl but they decided to pull out after the abrupt implosion of the FTX exchange. The 2022 Super Bowl was...
View ArticleMeta’s Mojo Returned As Surprise Earnings Fueled Big Tech Rally
Meta Platforms Inc (META.O) shares surged almost 28% on Thursday and helped trigger a rally in the technology sector after the Facebook owner baffled Wall Street by lowering its spending forecast and...
View ArticleAbu Dhabi To Support Growth Of Web3 Startups With $2B
The initiative promises to offer Web3 startups access to corporate, government, and investment partners in the global markets and the UAE. Hub71, Abu Dhabi’s technology ecosystem, has announced a new...
View ArticleTencent Ditches Plans For VR Hardware As Metaverse Bet Falters – Sources
Tencent Holdings (0700.HK) is scrapping plans to venture into virtual reality hardware, as a dismal economic outlook prompts the Chinese tech giant to slash costs and headcount at its metaverse unit,...
View ArticleTencent Cloud Signs Several Partnership Agreements With Blockchain Companies
Tencent Cloud, a Chinese internet cloud behemoth, is introducing new Web 3.0 solutions including blockchain API services and a Metaverse-in-a-Box product. Based on a February 22 press release, Tencent...
View ArticleDolce & Gabbana And UNXD Partner To Host A Contest For Fashion Innovators
Dolce & Gabbana and UNXD are currently promoting a revolutionary digital wearable challenge that forms part of the 2023 Metaverse Fashion Week. Their unique Rewind Competition will feature emerging...
View ArticleWhat Crypto Will The Metaverse Use?
The metaverse has taken over the internet space and managed to become the favorite new buzzword. Notably, crypto and the metaverse seem to be intertwined significantly. Companies like Meta Platforms...
View ArticleA Massive Blow For NFTs As Instagram And Facebook Abandon Ship
Meta Platforms has been at the forefront in supporting NFTs creators since late 2021. But, in the latest news, Facebook and Instagram have abandoned the sector in a move that will deal a major blow to...
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