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” ‘Metaverse’ a top 3 contender for Oxford’s Word of the Year “ The word “Metaverse” is one of three in the running to be crowned the Oxford “Word of the Year” (WOTY) in a competition run by the Oxford University Press (OUP), the publisher of the Oxford English Dictionary. OUP officially announced the launch…
” Disney brings back Bob Iger as CEO: Here’s the crypto connection “ Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek. While Iger is most well known for serving 15 years as the CEO of the global entertainment conglomerate, the…
” Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more “ Chinese firms bet on ‘Metaverse-like’ experiences for FIFA World Cup China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse. The efforts…
” Nifty News: Celebs lose big on BAYC, Meghan and Harry building a metaverse, and more. “ Celebrities facing huge losses from BAYC NFTs The hype behind the Bored Ape Yacht Club (BAYC) over the last year resulted in many celebrities investing in the Ethereum-based nonfungible token (NFT) collection with many, such as singer Justin…
” Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner “ The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model. In a…
” Island nation turns to metaverse to preserve its disappearing heritage “ In the South Pacific, the island nation of Tuvalu decided to turn to Web3 technology in order to make sure its culture and society are preserved in the future. On Nov. 15 the country’s foreign minister, Simon Kofe, told the COP27 climate summit…
” Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration “ Yuga Labs, creators of Bored Ape Yacht Club (BAYC), have acquired 10KTF; the NFT game founded by digital artist Michael Winkelmann, also known as Beeple. 10KTF is a browser-based NFT game that allows players to outfit heroes with crafted items and loadouts in order…
” Apple job listings and patents hint at foray into ‘3D mixed-reality world’ “ Technology giant Apple appears to be working towards the development of a metaverse-sounding “3D mixed-reality world,” according to related patent filings and recent job postings. Since Nov. 1, over 30 jobs have been listed on Apple’s careers page related to augmented…
” Ownership is the future of digital entertainment, says blockchain exec “ Web3 is uprooting traditional entertainment industries with a new way of creating and engaging with digital content. The industry has already seen nonfungible tokens (NFTs) display the potential to transform how television scheduled programming can be created. Increased metaverse activity began challenging artists…
Bob Chapek Talks Disney Streaming Profits: “Our Investors Expect Us to Have a Return on That” Bob Chapek is pivoting toward profitability, even as he continues to prepare The Walt Disney Co. for an uncertain digital future. With shares in the company falling on Wednesday after it missed Wall Street estimates (but added more Disney+…