We could end up with a metaverse that is inherently hard to control, will eventually fail, and collapses society, controversial podcaster Joe Rogan said in an interview with Inner Vision on Saturday. The metaverse should be restructured right from the start to get the right design criteria instead of  basingRead More →
Facebook founder Mark Zuckerberg announced that Facebook changing its name to Meta in order to focus on the metaverse. Facebook itself will remain, but will now be just one brand in the Meta portfolio, alongside Instagram and WhatsApp. Read More →
Facebook’s announcement of a $50 million research fund and plans to hire 10,000 employees in U.K. to help build the metaverse, clarifies that the company will be using massive resources to push the technology adoption for VR and gain a huge market share to become the central hub of theRead More →
The coronavirus pandemic is accelerating the use of virtual reality and augmented reality, experts say, especially in retail, education and health. “The trajectory is clear that this technology is set to become the next ubiquitous computing platform, much like we saw with mobile devices and personal computers,†Taylor Freeman, founderRead More →
Augmented reality endorsement picks up pace, according to a recent market forecast. The AR market volume is expected to hit $30 billion by 2023, growing at 39 percent CAGR. This growth is rooted in AR’s utility. Augmented reality proves itself a multi-purpose technology, being eagerly adopted across different domains, such asRead More →
One of my top sources of OpenSim-related news this year has been OpenSim Virtual and similar Google Plus communities. Many grids also have Facebook pages and Twitter accounts, but I find that Google Plus offers a really convenient way to keep track of what’s going on across the metaverse. So,Read More →
There’s a battle raging now for who will be the dominant platform of the coming virtual reality metaverse. Facebook, which has been getting a big chunk of the media attention with the Oculus Rift Kickstarter and its $2 billion acquisition, has suffered a few blows lately, even as rival GoogleRead More →
It was a busy week for virtual reality announcements this week. Following on Google’s Pixel and Daydream presentation earlier in the week, Oculus showed off new hardware and software at their annual Oculus Connect conference in San Jose. The company showed off new controllers, Watch the official Oculus Connect presentationsRead More →
On an earnings call yesterday, Facebook CEO Mark Zuckerberg said he was happy with the number of Oculus Rift pre-orders. “I don’t show much joy, but I am happy,” he told investors and analysts. Zuckerberg said that virtual reality has reached an important milestone with the shipping of the Samsung GearRead More →
AviWorlds now has a Facebook app that allows people to take pictures in-world and post them to Facebook. Many other grids have Facebook pages, but the only other commercial grids with Facebook apps are Island Oasis, which launched theirs late last year, and Kitely, which has had one since 2011. SecondRead More →
A federal judge denied a request by Oculus VR and Facebook to dismiss a lawsuit filed by ZeniMax Media claiming infringement over trademarks tied to the Oculus Rift virtual reality headset. Read full article at Polygon.Read More →
Virtual reality will be “the next mega tech theme†and worth more than $60 billion in a decade, according to Piper Jaffray analyst Gene Munster. “The diverse applications of VR in combination with accelerating technological improvements will lead to mainstream adoption over the next 10 years,†Munster wrote in a reportRead More →
You might be interested to learn that virtual world IMVU has almost 1.4 million fans of their Facebook fan page. Why do they use Facebook? Lots of reasons… It’s a marketing and communications channel: IMVU communicates the latest news, competitions and user updates Their users also use Facebook: So itRead More →