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Metaverse News
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Mark Zuckerberg's fortune grew $44 billion this year,
- Mark Zuckerberg, CEO of Meta Platforms, has nearly doubled his wealth to $89.9 billion this year, adding a remarkable $44 billion to his fortune, as reported by Bloomberg.
- In contrast, last year saw Zuckerberg experience a loss of over $100 billion, making his recent surge in wealth even more significant.
- The majority of Zuckerberg's wealth comes from his stake in Meta Platforms, whose shares have soared amidst the company's cost-cutting measures.
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News18 Network Launches Historic Mother's Day Campaign on the Metaverse
- News18 Network's groundbreaking Metaverse experience for Mother's Day receives an overwhelming response, reaching over 1 crore+ participants in just one day.
- The campaign takes a stand against derogatory language associated with terms like 'Maa' or 'Mother', urging people to pledge respect and refrain from using offensive language.
- News18 Network's CEO, Karan Abhishek Singh, emphasizes their commitment to innovation and responsible behavior, as showcased in their successful Mother's Day campaign in the Metaverse.
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Mark Zuckerberg bags gold, silver medals in his first Jiu-Jitsu tournament
- Mark Zuckerberg, the CEO of Meta (formerly Facebook), recently participated in his first Jiu-Jitsu tournament and achieved success by winning gold and silver medals.
- He shared his accomplishment on Facebook, expressing gratitude to his trainers and teammates from the Guerrilla Jiu Jitsu team.
- The pictures shared by Zuckerberg showcased his participation in the tournament and highlighted his dedication to the martial art. It is evident that he has invested time and effort into training and preparing for the even
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Mark Zuckerberg's running speed sparks 'Robot' jokes on social media
- Mark Zuckerberg is once again the subject of the "alien" or "robot" theory.
- This time, it's due to his impressive running speed, with him and his friends finishing a 5km run in less than 20 minutes.
- Twitter users made jokes about his speed, with some attributing it to his alleged alien or robotic nature.
- Some tweets speculated if his run took place in the Metaverse or Actualverse.
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Meta introduces codex avatars, life-like avatars that can be created using a smartphone
- Meta introduces Codec Avatars, life-like photorealistic avatars that can be created using a smartphone's front-facing depth sensor.
- The Codex Avatars can depict more subtleties in facial expressions, adding more life to them. Codec Avatars introduced by Meta in 2019 jump years ahead in avatar technology, now usable with just a smartphone camera.
- The scanning process takes about three to three and a half minutes, and users will have to wait for another six hours for the avatar to be processed.
- While the product will be made available to the public soon, it will probably not use the GPU on the user's device but rather use the cloud GPU for the process.
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Xpressbees raises $40 million from Khazanah Nasional Berhad
- Xpressbees has raised $40 million from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, through a secondary purchase from an early investor.
- The new investment values Xpressbees at $1.2 billion pre-money.
- This is the second time that Elevation Capital has sold a stake in Xpressbees, having sold 4% to Khazanah.
- Xpressbees is an e-commerce focused end-to-end supply chain solutions provider, serving over 20,000 pin codes in India and delivering over 2 million packages per day.
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Neopets Meta is bringing the classic Web1 game back to life
- Neopets, the classic online game from the early 2000s, is making a comeback as a Web3 game with NFTs.
- The game, Neopets Metaverse, will allow users to earn crypto tokens and digital items that can be used to mint NFTs through mini-games and battling other users' pets.
- Dominic Law, former Neopets user turned CEO, hopes the new game will evoke the fond memories of some 150 million Neopets users worldwide and help them transition to Web3.
- Neopets Metaverse is slated to be launched as early as the first quarter next year.
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Starverse: Disney Star to roll out Metaverse platform in India
- Disney Star, the Indian arm of Walt Disney Company, is launching its metaverse platform, "Starverse," after successful testing.
- The launch is timed with the start of the Indian Premier League 2023 season and aims to enhance the digital experience for sports fans.
- Starverse will provide real-time user interaction in an always-on virtual environment, which is a key differentiation from other metaverse initiatives in India.
- Disney Star is working with multiple agencies on the development of the platform, with focus on the tech backend, 3D models and environments, and gamification of the user experience.
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Interpol to probe crimes in Metaverse too: Report
- Interpol is exploring ways to investigate crimes in the Metaverse, a digital world parallel to the real world.
- Interpol has built its own virtual reality space for training and meetings, only accessible through secure servers.
- The agency is concerned about crimes such as sexual harassment in the digital world and faces challenges in defining and addressing such crimes.
- Interpol Secretary General Jurgen Stock highlights the agency's critical role in investigating Metaverse crimes in the future, as cybercrime often has an international dimension.
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