In 2024, Meta confirmed that it has pinpointed three integral areas for technological transformation and growth in the Metaverse and beyond: the Metaverse’s continuing evolution, the emergence of on-device Large Language Models (LLMs), and the groundbreaking wave of mobile messaging. These industries represent the face of Meta’s vision for a digitally integrated future. The Metaverse… Continue reading META Highlights 2024’s Tech Transformation: AI, Metaverse, and Mobile Messaging
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Saudi Arabia’s Sovereign Wealth Fund Invested In Magic Leap
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, announced that it invested more than $590 million into Magic Leap, a US-based firm that specializes in virtual reality headsets. The strategic investment positions Magic Leap perfectly to compete directly with industry giants like Meta and Apple in the rapidly growing augmented and virtual reality… Continue reading Saudi Arabia’s Sovereign Wealth Fund Invested In Magic Leap
WhatsApp Dives Into The Metaverse With Meta Quest Integration
WhatsApp has dived into the metaverse arena with Meta Quest integration WhatsApp has taken a huge step towards adopting metaverse hardware by showing its original support via linking with Meta Quest. In 2022, the metaverse was the talk of town with many large tech firms investing significantly in the new industry. However, despite the boom… Continue reading WhatsApp Dives Into The Metaverse With Meta Quest Integration
Metaverse And Web3 Present India With A $200B Opportunity, Underpinned By Retail And Financial Services
Arthur D. Little, a strategy and management consulting firm, published their report “Web3 & Metaverse – The Rise of the New Internet & the India Opportunity” on June 1. This report mentions how different emerging technologies, with the potential of reaching a $200 billion valuation, could be a game changer for India. The global landscape… Continue reading Metaverse And Web3 Present India With A $200B Opportunity, Underpinned By Retail And Financial Services
Meta Expands NFT Offering To US Facebook And Instagram Users
Meta started to test its nonfungible token (NFT) support on Instagram in May and later added the feature to Facebook in June. The American tech giant has now announced the expansion of the nonfungible token cross-posting feature to all United States Facebook and Instagram users. For some time, only an exclusive group of US creators… Continue reading Meta Expands NFT Offering To US Facebook And Instagram Users
Meta Confirms Cross-Posting Of NFTs Between Instagram And Facebook
Technology giant Meta Platforms Inc has stated that Facebook users can now start to post their non-fungible tokens (NFTs) on their Facebook (NASDAQ: FB) accounts. It means that Meta clients can directly post their NFTs on both platforms – Instagram and Facebook. The social media behemoth started with the linking of NFT Instagram in May.… Continue reading Meta Confirms Cross-Posting Of NFTs Between Instagram And Facebook
Instagram To Add NFTs Soon – Mark Zuckerberg
Meta CEO Mark Zuckerberg has said that the company’s video and photo-sharing application, Instagram, is now preparing to add nonfungible tokens (NFTs) to the platform. While appearing at the South by Southwest conference in Austin, Texas, the Meta CEO said: “We’re working on bringing NFTs to Instagram in the near term.” Zuckerberg also added that… Continue reading Instagram To Add NFTs Soon – Mark Zuckerberg
Russia’s Biggest Social Media Platform With Over 100M Users To Support NFTs
Nonfungible tokens (NFTs) seem to be going mainstream with lots of adoption in the real world. The latest reports indicate that Russia’s leading social media platform Vkontakte has revealed its plans to use nonfungible tokens and blockchain technology in its operations. The social network platform said that the two technologies will be primarily used to… Continue reading Russia’s Biggest Social Media Platform With Over 100M Users To Support NFTs
Animoca Brands Introduces Plans For K-pop NFT Metaverse
Animoca Brands has stated that it is ready to partner with Korean record label Cube Entertainment to create a “K-pop metaverse.” In recent months, non-fungible tokens have continued to disrupt the mainstream media and entertainment sectors. In that context, NFT gaming company Animoca Brands has partnered with a Korean record label, which doubles up as… Continue reading Animoca Brands Introduces Plans For K-pop NFT Metaverse
Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta
The net market cap of metaverse tokens has grown 13.40% to $12.36 billion in the last 24 hours. On October 28, Facebook’s decision to rebrand itself to Meta helped in sparking a speculative rally across cryptos that are owned by similar virtual world projects. This Meta brand is used to indicate Facebook’s plans to create… Continue reading Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta