The Creator of PlayStation Isn’t a Fan of The Metaverse

Ken Kutaragi, the creator of the iconic video game device PlayStation, believes the Metaverse is worthless. Ken Kutaragi is not a fan of virtual reality headgear, which he describes as “just irritating.” ‘Being in The Real World Is Very Important’ – Ken Kutaragi The Metaverse has quickly become one of the most popular topics, especially since Facebook’s name was changed to Meta at the end of last year. Despite growing fashionable, the network of 3D virtual worlds centred on social interaction is not for everyone. Ken Kutaragi, the founder of PlayStation and former CEO of Sony Interactive Entertainment, is one such person. The 71-year old Japanese argued in a recent interview with Bloomberg that the Metaverse is not the next big step in the tech universe. To him, it serves to divide rather than to unite: “Being in the real […]
Facebook’s Meta to hire staffs of its competitors to build the metaverse

With Meta’s ambition to establish the metaverse well underway, the Wall Street Journal reports that Meta has started recruiting personnel from Microsoft and Apple. Microsoft employees are being poached by Meta According to the article, Microsoft’s augmented reality unit lost roughly 100 people to Meta , according to a former employee. He went on to […]
Singapore to venture into cryptos, NFTs and Metaverse with caution

One Singaporean Minister says, the government is “closely studying” NFTs and Metaverse, while another official has cautioned the public over crypto investment scams. In a written reply to a question from a parliament member, the Minister for Communications and Information S Iswaran said the government is tapping these “early-stage” technologies’ characteristics and risks. “The Government […]
Facebook spends $60 million to buy “Meta” trademarks from a South Dakota bank

Facebook recently paid a South Dakota bank $60 million for the trademark rights to its Meta Financial name, which gives Facebook extra leverage when it comes to stopping competitors from using specific words, phrases, or logos. Facebook paid a South Dakota bank $60 million Social media giant recently paid a South Dakota bank $60 million […]
The ultimate guide to joining Metaverse

Many people are perplexed by Facebook’s announcement of a name change to Meta, as they are still unsure how to join the Metaverse. The demand for immersive gaming experiences is expected to skyrocket in 2021. Epic Games, the creators of the online multiplayer game Fortnite, acquired $1 billion in funding earlier this year, demonstrating that […]