Virtual reality Financial News

20.10 / 04:49

regulation virtual reality Metaverse Communications augmented reality Metaverse tech gets US greenlight to use speedier 6GHz frequency

Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator.

11.06 / 15:07

Art Digital CEO Platform virtual reality Metaverse trends Exclusive: Empowering Creators in the Open Metaverse with Justin Melillo, CEO of Mona

At Consensus 2024 in Austin, Texas, Cryptonews’s Matt Zahab sat down with Justin Melillo, CEO and founder of Mona, for an in-depth discussion about the platform’s mission, its support for creators, recent achievements, and future trends in the digital art space, especially the metaverse.

10.11 / 08:49

Adoption NFT Gaming virtual reality Virtual Property Blockchain Game Roblox CEO 'dreams' of in-game cross-platform NFTs and digital objects

The frontman of the popular virtual universe game Roblox, David Baszucki, has said he ‘dreams’ of having the ability to move nonfungible tokens (NFTs) and digital objects across multiple platforms.

11.10 / 17:53

Blockchain Adoption virtual reality Metaverse augmented reality Bridging real and virtual worlds: This AR platform takes 3D mapping to a whole new level

The blockchain-powered platform OVER addresses the urgent need for accurate 3D mapping by democratizing map creation, incentivizing participation, and enabling real-time exploration of locations through augmented reality (AR).

29.09 / 00:16

business Adoption virtual reality Metaverse Meta The metaverse is real: Zuck's 'incredible' photorealistic tech wows crypto twitter

While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all.

12.09 / 06:25

business Adoption NFT virtual reality Metaverse Virtual Property Metaverse is dead in the West, but ‘so hot' in Asia: Sandbox co-founder

The metaverse might feel like it's “dead” for users living in the United States but the industry is thriving throughout Asia, says The Sandbox co-founder and COO, Sebastien Borget.

28.07 / 11:18

Technology Adoption virtual reality Tech What is simulation theory? The savage illusion of living in a computer simulation

Simulation theory is a fascinating concept that posits the idea that our reality and everything within it might be nothing more than an elaborate computer simulation. This thought-provoking hypothesis challenges our understanding of existence, blurring the lines between what is real and what might be an illusion.

27.07 / 10:07

Blockchain Binance NFT Web3 virtual reality Metaverse Metaverse 2.0: Where the metaverse meets hyper-reality and infinite possibilities

The world met the first metaverse in 1992 when Neal Stephenson’s Snow Crash depicted an online world that users could only access via virtual reality (VR) goggles. Stephenson described this universe as a place where users could receive computer-generated bodies, hang out with friends and attend events like concerts. The 2018 film Ready Player One revisited this theme, emphasizing that the metaverse would overtake the real world and become the place where people spend most of their time.

26.07 / 23:05

business Facebook virtual reality Metaverse Meta Meta Q2 earnings: Reality Labs losses top $7.7B year to date

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.

18.07 / 04:05

business Blockchain Apple virtual reality Metaverse Apple’s headset could redefine what being in the metaverse means

The release of Apple’s new mixed-reality headset, Vision Pro, could cause a seismic shift in how users will experience the metaverse, with developers potentially moving away from the absolute isolation of virtual reality.

17.07 / 05:31

NFT virtual reality Metaverse Fashion Bank of America Trump Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more

The Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies.

12.07 / 03:01

Adoption regulation Europe European Union virtual reality Metaverse augmented reality ‘Extended reality’ to create 860K jobs by 2025: EU Commission

The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — will create as many as 860,000 jobs in Europe by 2025.

21.06 / 03:39

business Adoption HSBC virtual reality banking Nifty News: Queen, HSBC filings hint at NFTs, Yuga teases robot game and more

British banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications.

07.06 / 05:39

business Adoption Investments Apple virtual reality Metaverse augmented reality Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report

Just a day after launching a new virtual reality (VR) product line, Apple Vision Pro, the tech giant confirmed the acquisition of Mira, an augmented reality (AR) startup that provides hands-free, smartphone-powered headsets.

06.06 / 19:31

business Apple virtual reality Metaverse augmented reality Apple's Vision Pro headset reveal swaps metaverse for 'spatial computing'

Apple’s newly revealed mixed-reality headset, the Apple Vision Pro, has both turned tech-enthusiast heads and raised eyebrows after its unveiling at the WWDC on June 5.

06.06 / 19:09

NFT Web3 Gaming virtual reality Metaverse NASA Science mars NOT Not all virtual worlds are based on fictitious designs — This one replicates Mars

The arrival of the PC was transformative for gaming — avid players could suddenly experience what it’s like to be a pilot, a train driver or even a goat through simulation.

27.05 / 09:28

business Adoption virtual reality Metaverse Virtual Property Meta Top metaverse property investments suffer massive losses: Report

Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value.

16.05 / 06:05

Adoption virtual reality Metaverse Virtual Property interview Digital assets should be valued as ‘proper property’ — Sandbox co-founder

Digital assets such as cryptocurrencies and non-fungible tokens (NFTs) should be recognized as legitimate property, especially as more of the world's population goes digital, argues the co-founder of The Sandbox.

16.05 / 05:21

business Adoption Altcoin Apple virtual reality Metaverse Apple's new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.

21.04 / 19:27

Blockchain NFT Tokens virtual reality Real Estate Digital Asset NFT.NYC: Games and tokenization are driving NFT industry maturation

From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022.

12.04 / 07:03

Government Europe virtual reality Survey Research augmented reality consultation France's Metaverse consultation seeks input on alternative to tech ‘giants’

The French government is seeking public comment on the Metaverse, or what it’s calling the “virtual immersive universe,” to shape "a French strategy" for the up and coming sector and offer an alternative to the "international giants."

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