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Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives

Telefonica, one of the largest telecom carriers in Spain, and Qualcomm, the fabless chip designer, have inked a partnership to advance joint extended reality and metaverse initiatives. Telefonica will use…

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Nanjing University Sets Up One of the First Metaverse Majors in China

Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that…

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Retail Giant Walmart Enters the Metaverse With Walmart Land and Universe of Play on Roblox

Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3…

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Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent

Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant…

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South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences…

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Italian Serie ‘A’ Soccer Team AC Milan to Launch NFT Initiative

AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a…

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Ripple and Armin van Buuren’s Armada Music to Launch an Album in the Metaverse

The blockchain company Ripple joined forces with the music integration platform Styngr and the record label Armada Music to release an exclusive album in Maladroids (a video game built on…

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