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The Metaverse: The Future of Social Life?

The Metaverse: The Future of Social Life?

In December 2022, CoinWire polled 10,000 crypto investors. 69% of respondents expected the metaverse to change social lifestyle with a new entertainment model, and 65% expected it to affect social activities.

ByteDance Taking a Deep Dive into the Metaverse

ByteDance Taking a Deep Dive into the Metaverse

TikTok’s parent company, ByteDance is making moves to escalate its influence on this nascent ecosystem - metaverse - in the East.

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.

Instagram to Run Polygon-backed NFT Marketplace

Instagram to Run Polygon-backed NFT Marketplace

Meta has announced that social media giant Instagram will be introducing an NFTs marketplace that will run with the support of Polygon.

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model

Meta plans to invest 350,000 H100 GPUs by 2024, enhancing its AI infrastructure, training the Llama 3 model, and restructuring its organization to drive AI-driven innovation.

Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard

Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard

Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.

ACC Sues Meta Alleging Scam Crypto Ads

ACC Sues Meta Alleging Scam Crypto Ads

Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made famous by the current craze in the NFT ecosystem.

Coinbase Says Goodbye to Over 60 Employees

Coinbase Says Goodbye to Over 60 Employees

Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams.

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet

OMA3 has established working groups to start developing standards between metaverse platforms

European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections

European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections

The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.

Metaverse's MANA Token Price Leaps after Facebook Rebrand to Meta

Metaverse's MANA Token Price Leaps after Facebook Rebrand to Meta

The price of MANA token, a cryptocurrency that can be used in a metaverse has leapt 164% in 12 hours.

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