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Sony, Lego Owner Invest $2B in ‘Fortnite’ Publisher Epic Games
The Hollywood Reporter reports: "The new investment values Epic at $31.5 billion, up from a $28.7 billion valuation less than a year ago. Epic...
Meta to Let Horizon Worlds Creators Sell Virtual Items
The Verge reports: "Meta is testing new features to let creators make money within Horizon Worlds, the company’s social metaverse platform for Quest VR...
‘For Music Rightsholders, Web3 Is An Opportunity for Extraordinary Growth’
Music Business Worldwide reports: "Tuned Global has been making major strides in the worldwide music business in recent years. Now, having established itself as...
In Graphic Detail: How Do Consumers Really Feel About the Metaverse?
Digiday reports: "Over the past year, the metaverse has grown from buzzword du jour to buzzword de l'annee. Tech companies, game developers and brands...
New Details Emerge of Meta’s Ten Year Growth Plan For AR...
SocialMediaToday reports: "Which, today, we got a whole new range of details on, via a new report from The Verge, which, based on information...
Metaverse: What’s to Come for E-Commerce?
SocialMediaToday reports: "Meta is not the only company looking toward the metaverse. The new sphere of online interaction has captured widespread attention, and technology...
Tower 26 Venture Fund Will Invest $50M in VR Games and...
VentureBeat reports: "Veteran game investor Jon Goldman has raised a $50 million venture capital fund dubbed Tower 26 to invest in extended reality startups....
NFT Platform Soundmint Raises $1.7M Led By The Sandbox Parent Animoca...
Music Business Worldwide reports: "SoundMint, described as a “generative platform for music NFTs”, has raised $1.7 million seed round funding. The round was led...
Mark Zuckerberg Wants to Spend Big on the Metaverse, But Investors...
The Verge reports: "Mark Zuckerberg told the world last October that he was all in on the metaverse, and that the endeavor that would...
Bored Ape Yacht Club Creator’s Metaverse Mint Rocked Ethereum Blockchain
The Verge reports: "Yuga Labs, the web3 company behind the Bored Ape Yacht Club, disrupted the entire Ethereum blockchain as a flood of users...
