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Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It
Major metaverse platforms like Decentraland and The Sandbox have seen a sharp decline in the number of virtual land sales too.
March 28, 2023Meta Up 1.5% in Premarket Amid Reports of More Downsizing
Meta shares are up over 53% YTD as the company's push to restore profitability at any cost pays out.
March 07, 2023Gamium’s Native Token Up 370% as Startup Joins Meta’s Initiative
Gamium's GMM token is up almost 380% after the startup announced it has joined the Metaverse Activation Program launched by Meta and Telefonica.
February 28, 2023Ten Companies Team Up to Build the Japan Metaverse Economic Zone
Japanese tech and financial firms joined forces to build interoperable metaverses with an RPG-like experience.
February 27, 2023Tencent Abandons VR Hardware Plans Amid a Strategic Shift
Chinese internet behemoth Tencent scrapped plans to develop VR hardware due to a strategic shift.
February 17, 2023