Archives for Business - Page 7
Yuga Labs Wins a Lawsuit Against a Copycat NFT Collection
Bored Ape Yacht Club (BAYC) creator Yuga Labs has won a lawsuit against conceptual artists Ryder Ripps and Jeremy Cahen over a trademark infringement suit after the artists created a…
Yuga Labs Dominating NFT Market Share, With 35% of Sales
Bored Apes Yacht Club creator Yuga Labs is dominating the NFT market share, accounting for 35% of all NFT trading volume in the six months from October 2022 to March…
Proof Collective Partners With 3D World Builder Mona for ‘Moonbirds Monaverse’ Community Hub
The exclusive NFT community Proof Collective has partnered with the 3D world-building platform Mona to build a community hub called ‘Moonbirds Monaverse’. The virtual community will cater to the Moonbirds…
Meta’s Reality Labs Posted $3.99 Billion First Quarter Loss
Meta’s Reality Labs continues to rack up huge losses according to the latest quarterly earnings report. In the first quarter of 2023, the division incurred an operating loss amounting to…
Upcoming Meta Quest 3 Headset to Have an “Accessible” Price
Meta recently posted very strong quarterly numbers with Zuckerberg assuring that the company will stay on course as far as its metaverse focus goes. After a lackluster performance and plummeting…
PSVR 2 Could Soon See a Spike in Sales as it Heads to Local Retail Stores
Sony’s PSVR 2 headset is finally going into retail availability, a major step in the distribution of the virtual reality headset which has been hitherto sold online on PlayStation Direct…
Centre Pompidou in Paris Debuts NFT Exhibition
Paris-based Centre Pompidou Museum has opened its first-ever NFT exhibition aimed at showcasing NFT artwork. The exhibit is titled “NFT: The Poetics of the Immaterial from Certification to Blockchain”. When…
The Adventures of Tintin Comic Series Gets an NFT Remake
Iconic NFT series Tintin is getting some NFT remake. The startup Crossmint, a blockchain applications infrastructure provider, partnered with Tintinimaginatio, a company founded to promote and protect the works of…
Apple Reality Pro Headset on “Final Sprint”, Set to Launch Very Soon
There are strong signs that Apple will be announcing its much-rumored AR/VR headset, called the Apple Reality Pro, soon. Taiwan’s Economic Daily News is reporting that Apple’s supply chain is…
Meta Layoffs Affected Staff at Ready At Dawn VR Studio
Meta is embarking on its new round of major layoffs that will affect about 10,000 employees. This time, even staff at the company’s internal virtual reality studios have been affected.…