#coinweek

Mark Zuckerberg put Horizon Worlds on quality lockdown late last year due to persistent bugs.

Upon its initial launch, the graphics were widely mocked, prompting the CEO to issue an apology.

At the time, Meta employees rarely used the metaverse platform despite orders to use it at work and home.

They later underwent a quality lockdown to address issues with Horizon World’s appearance and functionality.

Last year, Meta shared expectations that Reality Labs’ operating labs in 2023 would grow significantly annually.

“Beyond 2023, we expect to pace Reality Labs investments such that we can achieve our goal of growing overall company operating income in the long run,” they added at the time..............Read More

The recent filing isn’t the first time SBF’s bond agreement had to be changed.

He was previously prohibited from accessing FTX or Alameda-related funds following his request during his arraignment earlier this month.

During the arraignment, he pled not guilty to several financial crimes.

Sam Bankman-Fried’s lawyers responded with a letter submitted on Saturday.

The letter opposed the prosecutors’ request and outlined their own variation of suggested restrictions for SBF’s communications................Read More

Niall Dailly: Virtual reality (VR) refers to a computer-generated simulation of a three-dimensional environment that can be interacted with in a seemingly real or physical way by a person using special equipment, such as a headset with a screen in front of the eyes.

VR allows a person to experience and explore a digital environment as if they were physically in that location.

The goal of VR is to create a sense of immersion or a feeling of being fully present in the virtual environment.

Paired with Web3, VR can offer a wide range of creative possibilities for users and developers.

The news

Electronic musician Niall Dailly (best known as DJ Plus One) was inspired by the possibilities that the combined technologies could provide.

The DJ used his inspiration to build an interactive visual experience around his upcoming album, Metamorphic.

The album has a unique NFT feature: holders can decide if the rest of the world can experience the media.

Venture into NFTs

Niall Dailly is a former member…Read More

The company's current focus is on hosting and co-creating branded content experiences, with the Fender and BMW experiences introduced during Cannes serving as the major illustration.

It is believed that Mark Zuckerberg's decision to change the name of Facebook and concentrate on Meta was motivated by a string of issues related to the feasibility of Facebook's advertising capabilities. The branding was also motivated by the emphasis on user privacy as well as the social media platform's role in the pandemic's propagation of misinformation and disinformation.

In a recent announcement, Meta said that this year would be the last for its cryptocurrency wallet Novi.

Although the cryptocurrency market collapses played a role in this choice, the company's goals for the wallet were scaled back before the introduction.........Read More