Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit
NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended reality products for customers of the Japanese carrier. NTT Docomo Gets Into the Metaverse Telecom companies around the world are interested in the metaverse and the new services this digital world can bring to their customers. NTT Docomo, the biggest wireless telecom carrier in Japan....
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Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big importance even among executing cost-cutting measures.
Tencent Officially Announces Metaverse Division
Tencent, one of the biggest Chinese software companies, has taken another step toward getting into the....
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 Snapdragon Spaces, a new technology from Qualcomm, to bring these metaverse experiences to its customers. The agreement also includes the possibility of pursuing joint commercial opportunities.
Telefonica Partners With Qualcomm to Bring Metaverse Experiences to Its Customers
Telefonica, one of the biggest telecom carriers in Spain and Europe, has announced a partnership with....
Two Japanese carmakers, Nissan and Toyota, have launched operations in the metaverse. Nissan’s virtual showroom can host vehicle launches and other events, while Toyota’s workspaces are being used to hold employee meetings. ‘Limitless Possibilities’ Japanese carmakers Nissan and Toyota have become the latest global corporations to join the metaverse after a report said the former had launched a virtual showroom while the latter had created virtual workspaces. By establishing a presence in the metaverse, the two carmakers join their European counterparts....
A group of Japanese banks and technology companies, including Orix, Shizuoka Bank, NTT Data and NTT DoCoMo Ventures, have formed a new blockchain research initiative. Announced today, the news marks the latest move by members of Japan's finance and technology sectors to embrace or experiment with blockchain technology. As a result of the announcement, NTT Data, a professional services firm with a focus on IT consulting, will work with digital currency startup Orb to research the technology with the initiative's partners. Orix and Shizuoka, the banks involved with the project, said they....
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit of $490.
Telefonica Invests in Cryptocurrency Exchange Bit2me
Telefonica, the fourth-largest telecom company in Europe, has decided to tackle the cryptocurrency business. The company announced an investment in Bit2me, a Spain-based....