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    Meta CEO Mark Zuckerberg has shared the first look at his company's 'mixed reality' headset, known as Project Cambria. In a new video, Zuckerberg can be seen testing a demo called 'the World Beyond' on the 'high-end' headset, which will come out later this year. It shows Zuckerberg petting a cute virtual creature, picking up and throwing a virtual ball, and viewing a web browser that appears to be floating right in front of his face.  Mixed reality describes experiences that combine elements of both a physical and virtual environment, allowing real and digital elements to coexist and interact.  Meta CEO Mark Zuckerberg has shared the first look at his company's 'mixed reality' headset, known as Project Cambria In the video posted on Thursday, people can see Zuckerberg's point of view as he pets a cute virtual creature WHAT IS MIXED REALITY? Augmented reality (AR) and mixed reality (MR) are both immersive technologies but they aren’t the same.  Mixed reality is an extension of augmented reality that allows real and virtual elements to interact in an environment.  Mixed reality maintains a connection...
    Facebook owner Meta is reportedly planning to release four new virtual reality headsets between now and 2024, as CEO Mark Zuckerberg accelerates his push into the so-called 'metaverse'. The first – codenamed Project Cambria – is a high-end VR and mixed-reality headset billed as a device for the future of work, and will launch around September with an estimated price-tag of at least $799, after being delayed by supply chain and other pandemic-related issues. A second version of Cambria, code-named Funston, is slated to come out in 2024. Meanwhile, Meta also plans to release two new versions of its less expensive Quest headset – internally code-named Stinson and Cardiff – in 2023 and 2024, according to an internal road map seen by The Information. The ambitious timeline shows Meta is hoping to reinforce its early lead in the VR market, established through its ownership of headset maker Oculus, whose devices now carry the Quest brand.  Zuckerberg is hoping the proliferation of these devices will lead to a broader acceptance of VR, and help to drive forward his vision for the metaverse – an immersive...
    ENTERTAINMENT group Planet Hollywood is working on developing a movie-themed metaverse. Planet Hollywood is teaming up with Hong Kong-based blockchain firm Animoca Brands to create a glitzy, star-studded metaverse, Blockchain News reported on Friday. 1Entertainment group Planet Hollywood is working on developing a movie-themed metaverse. The joint venture, which will be dubbed MetaHollywood, aims to provide movie lovers with a virtual community to engage and socialize. An NFT marketplace will also be built into the digital world, allowing users to purchase iconic movie imagery and merchandise. People will be able to access the marketplace with utility tokens native to the MetaHollywood metaverse. Designated HWOOD, the token will also give holders the ability to take part in decisions regarding community development. Read more on the metaverseBET-AVERSE Metaverse 'gambling casino' NFTs BANNED by two US states in shock crackdownLIKE A GOD Mark Zuckerberg reveals Matrix-style 'metaverse app' where you build CITIES Around 12 percent of the token’s supply will be allocated to MetaHollywood’s marketing fund, per Ledger Insights. The fashion and content development fund will get nearly 10 percent of...
    Meta is taking on Snapchat with the launch of Bitmoji-like cartoon avatars on Instagram, Facebook and Messenger as part of its ambition to transform into a 'metaverse'.   Mark Zuckerberg's firm has announced it's rolling out 3D avatars to Instagram Stories, Instagram direct messages (DMs), Facebook and Messenger for users in the US, Canada and Mexico.  On Facebook and Facebook Messenger, these avatars were previously in 2D, but they're now being converted to 3D, a Meta spokesperson told MailOnline.   It means Facebook users can show up as their three-dimensional virtual selves in Facebook profile pictures, comments, stickers, stories and more.  The new 3D avatars have more realistic expressions, faces and skin tones, and include the option to add 'assistive devices' such as hearing aids.  Meta's avatars are similar to Bitmoji, the animated avatars that Snapchat users create to represent themselves, which were made available in 3D last summer.   Mark Zuckerberg announced the new updates to avatars on his Facebook with a shot of his own avatar in virtual reality (VR, left) and as a Facebook profile picture For the first time, Instagram...
    Meta is building the 'world's fastest AI supercomputer' to help Facebook in its transformation into a 'metaverse', it has announced today.  The new supercomputer, called the AI Research SuperCluster (RSC), will be the fastest supercomputer in the world when it's fully built by mid 2022, according to the tech giant.  RSC will pave the way toward building technology for 'the next major computing platform' – the metaverse. Facebook (the company, not the product) renamed itself Meta in October, as part of its long-term project to turn its social media platform into a metaverse.  In the future, the social media platform will be accessible within the metaverse using virtual reality (VR) and augmented reality (AR) headsets and smart glasses.    According to Meta, RSC will help its researchers build better AI models that can work across hundreds of different languages, develop new AR tools and seamlessly analyse text, images and video simultaneously.  This could enable new AI systems that can power real-time voice translations to large groups of people in the metaverse, each speaking a different language, so they can seamlessly collaborate on a research project...
    Recent patents filed by Facebook (now Meta) reveal how the company plans to generate profit from its metaverse virtual reality platform. According to the patents, Facebook plans to track everything from eye movements to nose twitches as its users explore the new platform. The Financial Times reports that a number of patents filed by Facebook, including tech to track eye movements, body positions, nose twitching, and facial expressions, reveal how the company plans to monetize its metaverse virtual landscape. Mark Zuckerberg introduces Meta (Facebook) Facebook CEO Mark Zuckerberg previously announced the company’s plans to invest $10 billion a year over the next ten years to develop the metaverse, an immersive virtual world of digital avatars powered largely by Facebook’s Oculus VR headsets. Other tech giants like Apple and Microsoft have reportedly taken notice and are developing similar projects as many believe that the virtual world could be the next step in social media. The Financial Times noted that hundreds of applications to the U.S. Patent and Trademark Office provide an insight into how Facebook plans to monetize the digital world. The firm reportedly...
    In this article RBLX WMT NKE RL Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois.Christopher Dilts | Bloomberg | Getty ImagesRalph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract younger shoppers. At the National Retail Federation's annual conference, he said consumers can already buy Ralph Lauren's digital apparel and make a virtual visit — or even have a virtual coffee — at the company's Madison Avenue store. He said the retailer is considering whether to buy real estate in that digital world, where e-commerce, gaming and social media collide. Plus, Louvet said he's personally participating: He already dressed his avatar in a rugby shirt. "One of our strategies is to win over a new generation and the new generation is there. So we have to be there," he said. "There are a lot of parallels actually between the metaverse and Ralph's vision because we are not a fashion company. We are in the dreams business." A growing number of retailers are dipping their...
    In this article FBIn this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on October 28, 2021 in Paris, France.Chesnot | Getty ImagesMeta, formerly known as Facebook, is discussing opening its first retail stores as it looks to break into the metaverse, according to The New York Times. The stores, which have no slated opening date, will allow the company to showcase devices like virtual reality headsets and teleconferencing gadgets that allow people to video chat through Facebook, the Times reported. It would be the social media company's first physical store. News of the company's vision comes about a week after Facebook changed its name to Meta. It said it's shifting focus to building a virtual world or metaverse where users can socialize, work and play. The retail plans, which The Times said could be scrapped, indicate Meta is in need of a real-world presence to showcase what it can do in the virtual world. The company sells several products that it could let customers try in person. Its...
    Hopping on board the metaverse train, Nike has filed several new trademark applications that could indicate the athletic apparel company will sell virtual shoes and clothing in the not-too distant future. Oregon-based Nike filed applications for NIKE, JUST DO IT and the swoosh logo on October 27, according to Josh Gerben, a trademark attorney, who has filed over 6,500 trademarks for clients.  On October 28, it filed additional applications for the Air Jordan and Jumpman logos, according to CNBC.  DailyMail.com has reached out to Nike with a request for comment for this story. Speaking with CNBC, Gerben said the filings 'would very clearly be a nod to this idea of the metaverse,' adding that they also provide the company protection if others try to use Nike's brand.    Nike filed several trademark applications that could indicate the company will sell virtual shoes and clothing in the metaverse Oregon-based Nike filed applications for NIKE, JUST DO IT and the swoosh logo on October 27 On October 28, it filed additional applications for the Air Jordan and Jumpman logos 'If you want to police...
    Mark Zuckerberg wearing the Oculus virtual reality headset.Glenn Chapman | Getty Images Facebook is no longer Facebook. The company announced its new corporate name, Meta, on Thursday, a signal CEO Mark Zuckerberg plans to steer the company beyond traditional social media and build what he believes will be the next wave of personal computing in virtual worlds experienced through computerized glasses. It's a risky move from a company valued at about $900 billion. While Facebook's core digital ads business continues to grow, it now plans to invest billions per year into turning a sci-fi concept of a metaverse into reality. Facebook's pivot also echoes what Google did back in 2015 when it reorganized into Alphabet, a collection of companies designed to use Google's profits and invest them in a smattering of futuristic projects. Those projects are called Other Bets and include things like self-driving cars and even curing death. And Alphabet's results over the last six years paint a decent picture of what Facebook can expect to experience as it spends billions to make science fiction into science fact. At...
    (CNN)Maybe this is what Silicon Valley's demigods have been dreaming about since the beginning. A profound reversal of the relationship between human beings and technology, a flipping of the real and virtual.I'm speaking of the project Mark Zuckerberg launched on Thursday. It was the metaverse, he said, and also announced that his company's name had changed, to Meta, from Facebook. When I clicked on the link to Zuckerberg's video announcement, I thought it was a joke at first, maybe a "deep fake." Someone seemed to have modeled Zuckerberg's face and gestures pretty well, but the guy in the video was so robotic, surely he must have been an avatar. But no, this was the real Facebook founder, joining his most trusted employees in pitching the metaverse, Facebook's proprietary new virtual world of worlds where we are supposed to do our working, playing and socializing forever more. This isn't intended to be some casual digital simulation we enter and leave at will. Zuckerberg wants the metaverse to ultimately encompass the rest of our reality -- connecting bits of real space here...
    Get ready for the metaverse. In a new interview on Thursday, Mark Zuckerberg said that over the next five years, he wants people to think of Facebook not as a social media company, but a 'metaverse' company, akin to a virtual environment where people can work and play for most of their 24 hours without leaving their home. 'And my hope, if we do this well, I think over the next five years or so, in this next chapter of our company, I think we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company,' Zuckerberg said in the interview with The Verge.  Facebook CEO Mark Zuckerberg said that over the next five years, he wants people to think of it not as a social media company, but a 'metaverse' company 'And obviously, all of the work that we’re doing across the apps that people use today contribute directly to this vision in terms of building community and creators.  'But this is something that I’m spending a lot of time...
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