Meta poaches staff from Microsoft and Apple for Metaverse plans
According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft quoted by the Wall Street Journal, around 100 people have ditched the tech giant’s augmented reality team over the past year to join Meta Platforms. They claim that Meta has been particularly focused on snapping up people who have worked on....
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Meta reportedly plans an integration to allow social media users to display their NFTs on Facebook and Instagram. Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens.Meta is also discussing potentially launching a marketplace that allows the buying and selling of NFTs. However, while the news may excite millions of NFT enthusiasts that....
Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate.
The Metaverse Standard Forum Is Born
While the metaverse is a loose concept that each company interprets and builds according to its own will, some think it is important to connect these individual worlds. This is why Meta,....
Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.”
Microsoft Embraces the Metaverse
Software behemoth Microsoft has announced it will release a metaverse-inspired solution for its Teams app called Mesh. With Mesh, users in meetings will feel more immersed because the app....
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse.
Facebook Pay Rebrands to Meta Pay
Meta is trying to solve the problem of transaction and value interactions in the metaverse. The company announced the launch of a new digital wallet that will support the....
The hype around metaverse has taken a hit after recent turmoil in crypto markets, but industry leaders and stakeholders still see it as the future of Web3. The Metaverse as a concept is an attempt to fuse physical reality, augmented reality (AR) and virtual reality (VR) into one seamless and immersive experience.The term “metaverse” was first used in Neil Stephenson’s 1982 cyberpunk novel Snow Crash. Stephenson’s metaverse was a virtual place where characters could go to escape a dreary totalitarian reality. Some of the key attributes of the Metaverse include:Even before the Metaverse....