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Meta will let Horizon creators sell virtual items

The Verge

Meta is testing new features to let creators make money within Horizon Worlds, the company’s social metaverse platform for Quest VR headsets that is soon coming to mobile phones and possibly game consoles. Roblox has built a huge business from this model, while Rec Room is growing quickly and prioritizing creator monetization as well.

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The metaverse: Not dead yet

Computerworld Vertical IT

The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. Sales of VR and AR headsets have fallen short of expectations. To read this article in full, please click here

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Facebook’s OASIS-style VR playground Horizon enters public beta

The Verge

The company has been working on its multiplayer virtual reality social space, Horizon, for a while now, which is comparable in concept if not scope to the fantastical VR world of Ready Player One. social network? Horizon is interesting in and of itself as a big experiment into the future of online socialization.

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Legs are finally coming to Mark Zuckerberg’s metaverse

Vox

Mark Zuckerberg announced that his company will be taking a major step to making its virtual reality metaverse avatars more lifelike: by giving them legs. But seriously, legs are hard, which is why other virtual reality systems don’t have them either.”. I know you’ve been waiting for this.

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7 Shifts: The Future of Social Media and Internal Communications

Trends in the Living Networks

Melcrum recently released a report on How to use social media to solve critical communication issues , with as usual some great case studies and many practical insights. Go to the report website for a full overview and executive summary. The Future of Social Media and Internal Communications. Below is my article in full.

Media 141
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Sony buys $250 million stake in Fortnite creator Epic Games

The Verge

The investment lets the two companies “broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators,” according to a press release.

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Mozilla layoffs pivoting towards an AI-driven future

Dataconomy

Following the appointment of a new interim CEO earlier this month, Mozilla, known for its Firefox browser, has initiated significant alterations to its product roadmap, as reported by TechCrunch. Hubs : Since early 2023, we have experienced a shift in the market for 3D virtual worlds. This is impacting all industry players.

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