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Metaverse News
The Verge
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Meta is reportedly making a $15 billion bet on AGI
- Meta is finalizing a $15 billion investment in Scale AI, which would give Meta a 49% stake in the company.
- Meta is assembling a team to accelerate its AI goals, specifically to achieve artificial general intelligence (AGI).
- Scale AI, a major AI training data provider, expected its 2025 revenue to double to about $2 billion. Meta's investment aims to catch up in the AI race against competitors like OpenAI and Google.
- Scale AI has also secured government deals and partnerships, including a significant deal with the Department of Defense for a flagship AI agent program.
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Insider
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At long last, Meta will let you send DMs on Threads. But there's a catch.
- Threads, Meta's app, is testing direct messaging within the app in a limited test in Hong Kong, Thailand, and Argentina.
- Previously, users had to switch between Threads and Instagram for direct messaging.
- The introduction of direct messaging on Threads is a response to users' requests for a native DM feature within the app.
- Mark Zuckerberg mentioned Threads is expected to be Meta's next major social app, with over 350 million monthly active users as of April.
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TechCrunch
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Threads is finally getting a DM inbox
- Meta's social network Threads will begin testing a separate DM inbox, distinct from Instagram's DM inbox, allowing users to chat without switching apps.
- The feature will be tested in limited areas like Hong Kong, Thailand, and Argentina before expanding to other locations.
- Initially, the chat feature will support one-on-one conversations only, not group messages.
- The move is seen as beneficial for Threads users who may have different followers on Threads than Instagram and for those who don't frequently use Instagram.
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The Verge
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Threads is finally getting DMs
- Threads users will soon be able to send direct messages to each other without leaving the platform.
- Meta CEO Mark Zuckerberg announced the testing of Threads' DM system in Hong Kong, Thailand, and Argentina, with plans to expand.
- The new DM system for Threads will introduce a separate inbox, different from the linked Instagram account inbox.
- Users can access the Threads inbox by clicking the envelope symbol on the taskbar, bringing the platform closer to the experience of X.
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VentureBeat
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Sandbox VR reveals Stranger Things: Catalyst, a fully immersive experience
- Sandbox VR announced the launch of a new immersive location-based VR experience called Stranger Things: Catalyst in collaboration with Netflix.
- Players visiting Sandbox VR locations can explore Hawkins, battle creatures from the Upside Down, and use supernatural abilities in a physical space using motion-tracking technology and haptics.
- Sandbox VR has previously worked on Netflix adaptations like Squid Games Virtuals and the VR adaptation of Zack Snyder’s Rebel Moon, with plans to open more stores this year.
- Steve Zhao, Sandbox VR founder and CEO, expressed excitement for the Stranger Things collaboration, aiming to provide fans with a groundbreaking VR experience to physically engage with the popular series.
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Insider
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The list of major companies laying off staff this year, including Morgan Stanley, Disney, UPS, and Meta
- Bob Iger, CEO of Disney, confirmed that the company was laying off several hundred employees globally.
- Companies such as UPS, Meta, Microsoft, BlackRock, and Block are also conducting layoffs amidst technological changes.
- Adidas plans to cut up to 500 jobs in Germany despite strong performance.
- Ally is laying off about 500 employees as part of right-sizing the company.
- Automattic, parent company of Tumblr and WordPress, is cutting 16% of its staff globally.
- BlackRock is planning to cut about 200 jobs while also adding workers in other areas.
- Block, the fintech company, is laying off nearly 1,000 employees as part of operational streamlining.
- Blue Origin, Jeff Bezos's rocket company, is laying off about 10% of its workforce.
- Boeing plans to cut 400 roles from its moon rocket program due to delays and rising costs.
- BP is slashing 7,700 staff and contractor positions worldwide to simplify and focus its operations.
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Massivelyop
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The Daily Grind: Do you remember your very first mount in an MMORPG?
- Many MMO players have fond memories of getting their first mount in a game.
- Some players recall getting their first horse in Ultima Online.
- Players share their experiences and memories of getting mounts in various MMOs.
- A discussion on first MMO mounts continues among players in the MMORPG community.
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Pymnts
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Zuckerberg Personally Recruiting Experts for Meta’s AGI Effort
- Mark Zuckerberg is personally recruiting AI experts for Meta's AGI team.
- Zuckerberg aims to establish Meta as a leader in artificial general intelligence (AGI).
- He plans to hire around 50 people, including a new head of AI research, for the AGI team.
- This effort comes as Meta is also planning a significant investment in Scale AI to enhance machine learning capabilities.
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Crypto-News-Flash
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Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla
- Floki Inu announces that FlokiTars NFT can be used to unlock exclusive in-game features and items in Valhalla by burning the NFT.
- Floki Inu partners with the Baroda Premier League 2025, ensuring Valhalla branding across 24 cricket matches in India.
- The concept of burning FlokiTars NFT to obtain rewards in the game creates scarcity and adds real functionality to the NFTs.
- Valhalla, an NFT-based MMORPG by Floki Inu, is set to launch its mainnet version on June 30, 2025, further solidifying Floki's position in the metaverse space.
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Insider
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Gen X has become Meta's biggest gold mine
- Meta, formerly Facebook, is heavily focusing on targeting older users with more ads due to their higher purchasing power, as revealed by Barclays analysts.
- The ad load on Facebook is higher for users over 45, leading to increased ad revenue for Meta.
- Meta's dynamic ad technology allows them to target valuable users based on behaviors and traits, with older users being key drivers of its ad business.
- Although Meta aims to win over Gen Z, the company is strategically catering to older demographics who are more likely to make purchases or sign up for services, reflecting a shift in their advertising strategy.
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Massivelyop
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Co-op space shooter Wildgate opens beta testing today, looks at July launch
- Wildgate, a colorful space shooter backed by former Blizzard co-founder Mike Morhaime, is set to launch on July 22nd with an open beta currently underway.
- The open beta for Wildgate began today and will run until the 16th, allowing players on PC, Xbox, and PlayStation to experience the game. This beta includes two new playable characters and a revamped daily mission system.
- Game Director Dustin Browder mentioned that Wildgate has been improved based on feedback from previous playtests with over a hundred thousand unique players. The focus is on delivering the best experience for the official launch.
- Feedback from early players indicates that Wildgate is enjoyable but still needs some enhancements. The game is expected to offer an exciting space-themed experience upon its full release.
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Massivelyop
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Overwatch 2 promises ‘groundskeeper’ updates to existing content in Seasons 17 and 18
- Overwatch 2 promises 'groundskeeper' updates to existing content in Seasons 17 and 18.
- Director Aaron Keller compares Overwatch team to groundskeepers tending to the game like a garden, ensuring existing features are maintained alongside new additions.
- Updates in Season 17 include reworks for Flashpoint mode maps, while Season 18 will feature major perks for existing heroes in Stadium mode and tweaks to high ban rate characters like Sombra and Freja.
- Dev team also plans to introduce a new map and map voting for Flashpoint mode to enhance player experience while maintaining the overall balance of the game.
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Kotaku
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Summer Game Fest Shows That The PS4 Ain't Dead Yet
- During Summer Game Fest 2025, new PS4 games were announced alongside PS5 and Switch 2 games, indicating the old machine's continued relevance in the industry.
- Three new PS4 games were revealed at the event, with additional games confirmed for PS4 launch during other showcases.
- Even during the Xbox event, two games were announced for PS4, including Call of Duty: Black Ops 7.
- A total of 11 upcoming video games featured during Summer Game Fest are also set to release on PS4, surprising given the console's age.
- The continued support for PS4 games in 2025 can be attributed to the fact that games are not advancing visually as rapidly, allowing them to run well on older hardware.
- Additionally, many gamers still use the older PS4 console even five years after the PS5 launch, leading to publishers like EA porting games back to older hardware.
- The extended support for older hardware is seen as a positive amid rising game and console prices, signaling bigger challenges facing the industry.
- The move to release new games on PS4 and Xbox One highlights the unique challenges and uncertainties the gaming industry currently faces.
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Playstationlifestyle
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PS4 Players Surprised With New Blockbuster Game in 2025
- Call of Duty: Black Ops 7, the next installment in the popular first-person shooter franchise, has been announced for release on the PS4 and other platforms.
- Developed by Treyarch and Raven Software, the game is set in the year 2035, more than 40 years after Black Ops 6, and features actors like Milo Ventimiglia and Kiernan Shipka.
- The game promises a rich storytelling experience and exciting gameplay across all modes, with a shift from a '90s setting to the futuristic 2035 setting.
- Call of Duty: Black Ops 7 will be available on PS4, PS5, Xbox Series X|S, Xbox One, and PC, with more details to be revealed later this year.
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Guardian
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‘The death of creativity’? AI job fears stalk advertising industry
- Artificial intelligence is rapidly transforming the global advertising industry, with agencies like WPP investing heavily in data, tech, and machine learning.
- AI-generated adverts for brands like Cadbury's and Bic are on the rise, leading to concerns about AI reshaping the ad industry workforce.
- WPP's CEO, Mark Read, is stepping down amid struggles to keep pace with big tech competition in the AI-driven future of advertising.
- Big tech companies like Meta are moving towards AI-driven advertising, causing fears of job cuts and a potential 'death of creativity' in the industry.
- AI tools by Meta and Google are set to revolutionize ad creation and targeting, impacting traditional agency roles and client relationships.
- While AI may disintermediate some jobs, industry experts believe it will transform tasks rather than entirely eliminate roles.
- Ad agencies are investing in AI tools to stay competitive, but clients demanding cost reductions pose challenges for the industry.
- Despite AI advancements, the UK advertising industry has shown resilience with increasing employment and advertising spending over the years.
- Big tech's push for AI-driven advertising raises concerns about the future roles of agencies and the creative process.
- The rise of AI in advertising is causing a shift in industry dynamics, forcing agencies to adapt to new technological developments to survive.
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