Boeing has revealed an ambitious strategy to build its next airplane in the “metaverse” as it follows in the footsteps of multiple other companies in a move toward digital innovation. The metaverse, also known as a virtual environment, is a combination of various technical elements such as virtual reality, augmented reality, video, and other forms of communication that…
Boeing Reveals Ambitious Strategy to Build Its Next Airplane in ‘Metaverse’
NTD Business Full Broadcast (Dec. 10)
Inflation jumping to its highest level in nearly 40 years. What does that mean for consumers? The state of New York announcing an indoor mask mandate — in response to the new CCP virus variant. How much will businesses be fined if they don’t comply? And Meta takes another step into the Metaverse! Its virtual…
NTD Business Full Broadcast (Dec. 9)
Starbucks workers vote to join a union at one store in upstate New York, but rejected the union at a second location. Luxury brands selling millions of dollars worth of items in the metaverse, and one industry is running especially fast to embrace the new trend. And Ratings agency Fitch downgrades China’s Evergrande and another property developer today, saying…
NFT Picked as ‘Word of the Year’ by Collins Dictionary
Collins Dictionary announced Wednesday that “NFT” has been chosen as its Word of the Year in consideration of the fact that NFT’s usage has increased 11,000 percent in 2021, while digital assets like cryptocurrencies keep on gaining mainstream acceptance. “It’s unusual for an abbreviation to experience such a meteoric rise in usage, but the data…
Iceland Takes Aim at Zuckerberg’s Facebook ‘Meta’ Name Change in New Parody Tourism Video
Inspired by Iceland, a communication platform promoting Iceland and Icelandic products, has taken aim at Facebook CEO Mark Zuckerberg’s video announcing the tech giant’s name change to Meta in its latest advertising campaign. On Thursday, the communication platform, which is owned and operated by Business Iceland, published a marketing video on YouTube promoting tourism in the country. The video looks eerily…
Unity to Buy ‘The Lord of the Rings’ VFX Studio Weta Digital in $1.63 Billion Deal
November 10, 2021
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Unity Software Inc. will buy Weta Digital, a visual effects (VFX) studio known for its work in movies such as “Godzilla vs. Kong” and “Avatar” in a $1.63 billion cash-and-stock deal, the companies said on Tuesday. The deal would help Unity, which makes software for video games and animation, tap into Weta Digital’s technology and…
Nvidia Rallies With Key Catalysts Ahead: Will Chipmaker Be the Next to Join $1-Trillion Club?
Nvidia, Inc. (NVDA) shares rallied strongly Thursday, helping the graphics chipmaker add close to $100 billion in market capitalization in a single session. The strong gains raise the specter of an imminent correction, but the company stands to gain from a series of catalysts lined up for the coming months. Nivida a Star Performer Year-to-Date:…
Meta Platforms Shares Rise as Facebook Rebrands to Focus on Metaverse
October 29, 2021
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Shares of Meta Platforms Inc. rose marginally in premarket trading on Friday after social media giant Facebook rebranded itself to build the “metaverse”, a shared virtual environment. Chief Executive Officer Mark Zuckerberg said on Thursday the new name reflects the company’s work invested in the metaverse, rather than its namesake social media service, which will…
What the Metaverse Is and How It Will Work Will
LONDON—The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online. The metaverse, which could spring up again when Facebook releases earnings Monday, is the latest buzzword to capture…
What the Metaverse Is and How It Will Work
LONDON—The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online. The metaverse, which could spring up again when Facebook releases earnings Monday, is the latest buzzword to capture…
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