Twitter Inc’s fourth quarter revenues plunged about 35% year-on-year to $1.03 billion after advertisers held back spending following Elon Musk’s takeover of the microblogging site. The revenue represents 72% of the company’s own targets for the quarter under review, tech
Neal Stephenson, who is credited for coining the term “metaverse” thinks the idea of a metaverse may be a hard sell. He invented the term in 1992 in his sci-fi novel – Snow Crash. Now, three decades later, Stephenson is back
A growing number of people are putting virtual reality (VR) headsets in the metaverse to talk through deep pain in their lives. A recent Ipsos study on the opinion the “metaverse is for people like me” shows what they called
Full body tracking in the metaverse may now be possible using only WiFi signals, according to new a study by three Carnegie Mellon University researchers. Jiaqi Geng, Dong Huang and Fernando De la Torre found that “common WiFi antennas [or
Getty Images, an American visual media company, has announced a lawsuit against the creator of Stable Diffusion, Stability AI, for copyright infringement. Stable Diffusion is an AI tool that can create pictures from text descriptions, and can also be used
Musician Nick Cave has eviscerated a song that ChatGPT wrote in the style of Nick Cave, calling the effort “a grotesque mockery of what it is to be human” and “replication as travesty.” The song was sent to him by
China has reportedly acquired minority stakes in the country’s big tech firms Tencent Holdings and Alibaba Group as it plans to tighten its oversight on online content. This comes after the government previously snapped up shares from TikTok’s owner ByteDance.
Immersive experiences have been on a major increase as technological improvements continued soaring since the beginning of the last decade. Companies have scrambled to make their mark in the virtual world. The Covid-19 pandemic helped speed up improvements to some
Metaverse tokens have soared massively in the first two weeks of January with many cryptocurrencies seeing a price spike of more than 50%. Many analysts have attributed this to positive market sentiment for cryptocurrencies, renewed demand for non-fungible tokens (NFTs),
Microsoft Corporation is making big moves in artificial intelligence (AI), part of a deliberate plan by the U.S. tech giant to continue to take a lead in emerging consumer tech while positioning itself as the next dominant force in the
Parlement Technologies reportedly cut dozens of jobs across the company in December, a move that has cast doubt on the future of its free speech social media network Parler. Around 75% of the employees were sacked between November and December
Non-Fungible Token (NFT) trademark filings in 2022 soared by 28,588% from 2020, according to data from the United States Patent and Trademark Office (USPTO) shared by licensed attorney Mike Kondoudis. The total number of NFTs filed with the organization in 2022
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