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Meta is in talks with Magic Leap to sign an IP licensing deal
Meta could turn to Magic Leap for help to stay ahead of Apple and other new entrants in the soon-to-be crowded AR space. According to the Financial Times, the two companies are in talks to sign a multi-year IP licensing and manufacturing pact. Details on the negotiations are few, but according to the outlet’s sources, a potential partnership […]
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How the Metaverse can help in Elder Care
There are nearly 138 million elderly persons in India in 2021, including 67 million men and 71 million women, according to the report. An increase of nearly 34 million elderly persons was seen in 2021 over the population census of 2011. This number is expected to increase by 56 million by 2031. While the population of […]
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Ledger’s new wallet recovery service
In a previous post, we discussed cold wallet options, one being Ledger. Well, Ledger has recently announced the release of a new service called “Ledger Recover”. It has caused quite a stir and we will discuss everything you need to know about this service. Firstly, it is optional. You can opt into this service. This […]
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Universal Studios Japan incorporates VR and AR into their rides to create a fully immersive experience for riders
The metaverse promises to merge digital and virtual worlds – and theme parks like Universal are using a combination of virtual reality (VR) and augmented reality (AR) to create magical experiences for guests. At Universal Studios in Japan, one of the most popular rides is Mario Kart: Koopa’s Challenge. This ride takes place inside a […]
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Coinbase looks to the Middle East, namely the UAE to set up their international headquarters
The UAE has quickly become a center of web3 innovation, with Dubai being home to some 500 startups; Hub71 in Abu Dhabi providing companies with funding and access to blockchain and virtual asset infrastructure; and with over 11% of the population owning cryptocurrency, it’s easy to see why. The UAE is also a key hub […]
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How the film industry is integrating Web3
Festivals have become a crucial part of the film industry, given the various ways it helps in the success of films. Filmmakers have always taken advantage of the opportunities presented by these festivals to showcase their talent to industry leaders and also have a better connection with their audience. These festivals have gone on to […]
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Ithra and the Cinema Society introduce programs and initiatives such as VR to further develop the film sector in KSA
The King Abdulaziz Center for World Culture, also known as Ithra, has teamed up with the Cinema Society in Dhahran to introduce programs and initiatives designed to aid the development of the film sector in the Kingdom and help local industry professionals to develop their talents. The partnership agreement was signed by Abdullah Al-Rashed, Ithra’s […]
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A study has shown that virtual workspaces have a positive impact on productivity
Virtual platform Rethinkly has been used to speak to people about anxiety and its impact on productivity – and 26% of respondents said they harbor all workplace tension and find confrontation too difficult. The survey showed 35% of workers admit they are unable to fulfil any kind of public delivery such as presentations and client […]
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Saudi Arabia looks at the Metaverse as an innovative and exciting new technology
The digital era has significantly shaped both societal and economic dynamics, becoming the main force that drives changes and trends. Its presence is evident in our everyday lives, even in the highest levels of decision-making. With the ever-growing importance of the digital space, organizations have been pushed to maximize their presence in this field. The […]
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Web3 vs. the Metaverse
Web3 and Metaverse are key buzzwords closely linked when discussing the next phase of the Internet. Web3 and the metaverse were born out of the problems of a centralized internet. Though similar in some ways, they solve different problems. Through the hype of blockchain technology and Meta’s creation of their Metaverse, more people have been […]
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