06 Dec 2021

Silicon Valley’s metaverse will suck reality into the virtual world — and ostracize those who aren’t plugged in

The metaverse has been peddled as a futuristic place where we all — sitting in our living rooms with goggles strapped to our noggins — can interact, buy things, date, and more in a virtual world. But what if, in addition to being a place, the metaverse also represents something else:

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03 Dec 2021

Why the metaverse is more than Mark Zuckerberg’s dream

The company formerly known as Facebook has bet big on the metaverse. CEO Mark Zuckerberg hyped the already popular term in October when he changed the company’s name to Meta and led viewers through its dizzying vision of the future. But “the metaverse” is a much bigger — and more

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01 Dec 2021

A $1 billion metaverse platform that sells high fashion for digital avatars is getting backing from SoftBank and the investors behind K-pop sensation BTS

SoftBank invested $150 million in a South Korean metaverse platform that allows users to dress up their digital avatars in high-fashion labels like Gucci and Dior, the Wall Street Journal reported. With the Softbank-led funding round, the platform called Zepeto scored a $1 billion valuation, the Journal said. HYBE, the

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29 Nov 2021

Brands No Longer See Metaverse-Like Worlds as Abstract Gimmicks

Brands had been toying with the metaverse for some time before Facebook’s recent name change turned the term into a household word. Now some of them are getting serious. Companies including Chipotle Mexican Grill Inc., Verizon Communications Inc. and streetwear brand Vans earlier this year built their own digital worlds on

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26 Nov 2021

Plot of digital land in the metaverse sells for record $2.43 million

Virtual real estate is on a tear. A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price of virtual real estate. Decentraland is a popular online environment where users can exchange cryptocurrencies

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24 Nov 2021

We can’t walk blindly into the Metaverse

In recent weeks, both Mark Zuckerberg and Microsoft’s Satya Nadella announced with great fanfare that the metaverse offers an antidote to the lack of human connection. Perhaps I’m old-fashioned but interacting with others through cartoon avatars is not my idea of establishing meaningful connections. Indeed, avatars with limited emotional expression and

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23 Nov 2021

The Metaverse is already here: 5 companies building our virtual reality future

If you believe Facebook, the future is a virtual reality “metaverse.” The tech giant, which changed its name to Meta last month, plans to invest $10 billion this year to develop products that support augmented and virtual reality — a robotic hand, high-tech VR glasses and sophisticated software applications, to name

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22 Nov 2021

Mark Zuckerberg’s metaverse could fracture the world as we know it — letting people ‘reality block’ things they disagree with and making polarization even worse

In the metaverse of the future, two people could be walking down the same street and see very different things thanks to the AR glasses they’re wearing. One, who may lean conservative, could “reality block” out aspects they’ve been conditioned to oppose, like a fertility clinic. The other, a liberal, could

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19 Nov 2021

Tinder and Bumble Enter the Metaverse — How Crypto and NFTs Could Become Essential to Virtual Dating Apps

Dating apps Tinder and Bumble are entering into a relationship with the metaverse ecosystem, changing the way people will interact in drastic ways and re-inventing their platforms. From the use of avatars and digital coins to first dates in virtual piano bars, the apps are reshaping the dating landscape. For

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18 Nov 2021

The Metaverse Has Already Arrived. Here’s What That Actually Means

When Cathy Hackl’s son wanted to throw a party for his 9th birthday, he didn’t ask for favors for his friends or themed decorations. Instead, he asked if they could hold the celebration on Roblox. On the digital platform, which allows users to play and create a multitude of games,

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