Virtual worlds

IN VIRTUAL WORLDS.

The BMW Group uses gaming technologies: No, the BMW Group does not develop its own racing simulations with sporty BMWs (learn more about BMW.com). At least not yet. But it uses the same simulation technology: game engines now support collaboration between sites and provide the basis for future decisions, for example by allowing users to […]

Virtual worlds

Facebook rebrands itself as Meta as virtual worlds become ‘new North Star’

Facebook is rebranding its corporate identity to Meta in an effort to become a “social technology company” focused on developing virtual worlds, otherwise known as the metaverse. While the name of the holding company will change to Meta, with immediate effect, the Facebook platform, Instagram, WhatsApp and Messenger will retain their brand names. CEO Mark […]

Virtual worlds

Facebook will create 10,000 jobs in Europe to help build virtual worlds

If Facebook is going to become a “metaverse business,” it’s going to need talent — and more of that talent is on the horizon. the social network unveiled plans to create 10,000 “highly skilled” jobs across the European Union over five years to develop its virtual and augmented reality experiences. The recruitment campaign will hire […]

Virtual worlds

China Can’t Regulate Virtual Worlds – The Benefits of Decentralized Metaverses

The Chinese crackdown on cryptocurrencies has reached a new level of intensity in recent weeks. The People’s Bank of China (PBOC) previously decided to ban financial institutions from trading virtual currencies, including Bitcoin and Ethereum. More recently, the PBOC attempted to completely halt cryptocurrency transactions and mining. This news sent shockwaves throughout the industry and […]