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Metaverse

  • Metaverse Platforms

    Sexual harassment in metaverse triggers S.Korean government response

    South Korea’s media regulation agency has launched a council to discuss user protection on the metaverse, including the issue of sexual harassment targeting minors. Fast facts The council, under the Korea Communications Commission, consists of 30 professionals in media, law, technology and industrial management, and will discuss issues in the metaverse such as violence, sexual […]

    Danny Park

  • Metaverse Platforms

    S.Korea aims to conquer the metaverse in its five-year strategy

    South Korea’s science ministry announced on Thursday a five-year strategy to lead the global metaverse race. Fast facts South Korea aims to produce 40,000 experts in the metaverse field to propel the nation into the ranks of the five leading nations in the global metaverse market. South Korea’s Ministry of Science and ICT (MSIT) said […]

    Danny Park

  • Metaverse Platforms

    Foxconn pledges to boost metaverse development this year

    Foxconn Chairman Young Liu said that the Apple parts manufacturer will step up its plans to tap into the metaverse arena this year, the company told local media on Wednesday. Fast facts Liu labelled 2022 as the Taiwanese tech giant’s “first year of the metaverse”. The company sets to incorporate metaverse elements into its product […]

    Timmy Shen

  • Metaverse Platforms

    Microsoft to acquire gaming giant Activision Blizzard in metaverse bid

    Microsoft announced on Tuesday a US$68.7 billion acquisition plan of gaming giant Activision Blizzard as part of its reach for the emerging metaverse market. Fast facts “Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said Satya Nadella, […]

    Lachlan Keller

  • NFTs and Gaming

    Animoca Brands valued at US$5B after latest fundraise

    Hong Kong-based Animoca Brands announced a US$358,888,888 capital raise Tuesday that values the blockchain gaming and open metaverse company at US$5 billion. Fast facts The round was led by New York-based Liberty City Ventures, with more than 18 other investors around the world, including Kingsway Capital, Sequoia China, Smile Group, Soros Fund Management and Winklevoss […]

    Jeanhee Kim

  • Metaverse Events

    S. Korean broadcaster KBS opens metaverse studio for 2022 election

    South Korean public broadcaster KBS launched a recreation of its Seoul studio compound on Naver’s Zepeto metaverse on Tuesday, to promote coverage of the upcoming March 9 presidential election. Fast facts Visitors can enter and experience the digital replica of the broadcaster’s news studio, stage sets, take quizzes about the election, stroll around the history […]

    Danny Park