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Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company.…
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on…
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to…
After Twitter’s mass layoffs caused a stir in the tech world, Meta appears to be following suit. According to a Wall Street Journal report, the owner of Facebook and Instagram…
Too many projects are releasing over-hyped trailers that they can’t match with gameplay.
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates…
The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products.
It's the final day of Web Summit 2022, and the Cointelegraph team on the ground is all set to bring you some of the best insights, personal interviews and more.
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as…