McDonald’s Metaverse ‘My Happy Place’ Launches in Singapore
American fast food chain McDonald’s has introduced the “My Happy Place” metaverse in Singapore for residents to build virtual burgers andplay various games. McDonald’s Singapore collaborated with Bandwagon Labs, the metaverse division of entertainment media technology company Bandwagon, to develop an in-app virtual world for its consumers. Clarence Chan, the founder of Bandwagon Labs, emphasized […]
Meta Falls 15% on Weak Outlook and High AI, Metaverse Spending
Meta (META) shares dip 15% in after-hours trading as plans to boost AI spending and sustained metaverse losses coincide with a dim revenue outlook. In after-hours trading, Meta (META) shares fell 15% following the company’s announcement that it will “substantially” increase expenditure on artificial intelligence. At the same time, its metaverse division will continue to […]
Hollywood Director Tarantino To Create Metaverse for New Movie
Director Quentin Tarantino intended to incorporate actors and characters from his catalog into a metaverse for a new movie. The Hollywood Reporter says this Tarantino-verse would have occurred in a fictitious movie theater. Young Tarantino would have interacted with the filmmaker’s characters and the fictitious actors who portrayed them in his capacity as the metaverse’s […]
Overdare, Circle Partner for In-game Wallet, USDC in Support
Metaverse platform Overdare and USD Coin issuer Circle have partnered to enable the integration of in-game Web3 wallets and USDC compensation for the creators of Overdare’s gaming content. Circle and Overdare announced a partnership on February 26 to facilitate cryptocurrency compensation for game content creators. Overdare will incorporate the Programmable Wallets service of the stablecoin […]
Saudi Arabia Government Launches Cultural Metaverse
On the nation’s founding day, the Saudi Arabian Ministry of Culture launched a cultural metaverse devoted to exhibiting and preserving the nation’s cultural heritage. Cultural Universe, a metaverse initiative of the Saudi government that guides users through the country’s extensive history beginning in 1727, went live on February 22. droppGroup’s Generative Media Intelligence artificial intelligence […]