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Meta launches a subscription service for their Meta Quest+ platform
Meta says paying users will get access to two new games a month. For the first three months of the year, the parent company of Instagram saw a $4bn (£3.1bn) loss at its VR unit. Meta faces competition from firms including technology giant Apple, which unveiled its highly anticipated mixed-reality headset this month. On Monday, the…
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Meta announces their Meta Quest 3 headsets
On the cusp of Apple’s WWDC 2023 event, Meta has announced their upcoming Meta Quest 3 headsets. These new headsets are set to launch later this year. Mark Zuckerberg announced Meta Quest 3, the next-generation virtual and mixed reality headset. It features higher resolution, stronger performance, breakthrough Meta Reality technology, and a slimmer, more comfortable form factor. Quest…
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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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Deloitte and Meta’s study shows the economic impact of the metaverse on the MENA region
Emerging metaverse technologies are unveiling a range of potential benefits, from enhancing individuals’ lives and experiences as well as streamlining business operations, for example, through the use of digital twins. Metaverse technologies could be used to attend virtual concerts, access education, and healthcare, or even visit virtual shopping malls, making these technologies particularly relevant to…
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Meta launches the Metaverse Academy in the MENA region
Meta Platforms, the parent company of Facebook, has launched the Middle East and North Africa region’s first metaverse academy in Saudi Arabia, as it aims to accelerate the development of the emerging technology. The academy, which will be based in Riyadh and start on May 1, focuses on shaping the metaverse ecosystem by providing training to a…
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Meta has unveiled new features and Quest Pro headset
Meta, or as it was formally known as Facebook has recently unveiled upcoming features that people, developers, and businesses can look forward to on their metaverse platform and app. Mark Zuckerberg delivered the keynote speech delving the way he sees the metaverse shaping the lives of everyone who uses it. The metaverse ecosystem that the…
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Metaverse for Islamic Meta Economy
The idea of metaverse now is understood in multiple ways. There are attempts at creating virtual worlds where the transfer of value for the users is bi-directional, from digital to physical and physical to digital. There are platforms with purely virtual goods and services being transacted against fiat money. There are platforms with physical goods…
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- AI can be used to detect the risk of developing multiple diseases
- How the healthcare sector can benefit from the Metaverse
- The sports industry can benefit from the emerging metaverse space
- Deutsche Bank aims to enter the metaverse and engage with customers virtually
- The UAE is launching Arabic AI software