Branded as the next generation of the internet, the metaverse aims to digitalise further the physical world, taking more of what we do offline, online. Although many are still unsure what this will actually entail, companies have already begun to put up real money to finance this new digital reality.
In October 2021, Facebook rebranded itself as Meta Platforms Inc., reflecting a vote of confidence for the unproven metaverse. The social media giant has also pledged to invest more than $10 billion annually towards it, in related hardware and app development.
Earlier this year, Microsoft purchased game developer Activision Blizzard, the creator behind the Call of Duty...
¬ Haymarket Media Limited. All rights reserved.
