Tech

Meta announces plans to monetize the Metaverse, and creators are not happy

Enlarge / A purchase confirmation dialog in Horizon Worlds. (credit: Meta) Meta, the company formerly known as Facebook, announced some initial plans on Wednesday to allow content creators to monetize in its would-be Metaverse platform, Horizon Worlds. Meta’s planned revenue share for contributors’ creations could add up to nearly 50 percent. Horizon Worlds is a […]

Tech

Project “Zuck Bucks”: Meta plans virtual coin after cryptocurrency flop

Enlarge (credit: Financial Times | Getty) Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps, as Facebook’s parent company pursues its finance ambitions despite the collapse of a project to launch a cryptocurrency. The company, led by chief executive Mark Zuckerberg, is seeking alternative revenue streams and new […]

Tech

Metaverse vs. employment law: The reality of the virtual workplace

Enlarge (credit: Meta) In December, 43-year-old doctoral researcher Nina Jane Patel put on a headset and entered Meta’s virtual world to see what was happening that day. “Within seconds of being there, there were three avatars near me, ” she says. “Suddenly they were taking selfies… I couldn’t see at first that they were groping […]

Tech

Woman lost @metaverse Instagram handle days after Facebook name change

Enlarge (credit: Liu Guanguan/China News Service) Thea-Mai Baumann had posted to Instagram using the @metaverse handle for nearly a decade when her account was disabled on November 2. “Your account has been blocked for pretending to be someone else, ” the app told her. Baumann wasn’t exactly sure what had happened, but the timing was […]

Tech

Metaverse will bring Facebook’s privacy problems to workplaces, whistleblower says

Enlarge / Facebook/Meta wants its metaverse to be at the center of nearly everything, including work. (credit: Facebook ) Facebook/Meta CEO Mark Zuckerberg’s vision of the virtual-reality fueled future could bring new privacy risks to our homes and workplaces, Facebook whistleblower Frances Haugen said. Last month, Zuckerberg announced that he would focus his company on […]

Tech

Everyone pitching the “metaverse” has a different idea of what it is

Enlarge (credit: Aurich Lawson | Getty Images) These days it seems like everybody and their corporate parent company is talking about “the metaverse” as the next big thing that’s going to revolutionize our online lives. But everyone seems to have their own idea of what “the metaverse” means—that is, if they have any real idea […]

Tech

With Mesh for Teams, Microsoft plans to bring 3D workspaces to remote workers in 2022

Enlarge / An interface and virtual workspace for Mesh for Teams. (credit: Microsoft) Microsoft has announced its intention to create an immersive 3D platform called “Mesh for Teams” for virtual meetings. As the name suggests, Mesh for Teams builds on the company’s existing Teams collaboration platform and implements the mixed reality features of Microsoft Mesh. […]