Metaverse makers Reality Labs cost the company $3.3 billion
It’s been a tough week for tech stocks so far, and Facebook parent company Meta’s third quarter results didn’t help. Meta posted its second straight quarterly revenue decline, reporting revenue of $27.7 billion, compared to $29 billion for...
The initial co-chairs for the metaverse group are Meta Platforms, Microsoft, T-Mobile, Telefónica and Sparkle
The Telecom Infra Project (TIP) has introduced the Metaverse-Ready Networks (MRN) Project Group, a new group designed to accelerate network readiness to support metaverse experiences by supporting the development of...
In the future you won't know where your connectivity is coming from — and you probably won't care
During a conversation about the networks of the future at Mobile World Congress Las Vegas, IEEE Senior Member David Witkowski told RCR Wireless News a notable trend...
Despite speculation, the metaverse market is forecasted to achieve $47.48 billion in 2022 and skyrocket to $678.8 billion in revenue by 2030. However, with this extreme, lucrative potential comes significant concerns over whether our current broadband networks are ready and able to support the...
New research from Ericsson claims 5G is pushing metaverse interaction for early adopters
A new report from Ericsson analyzes the impact that 5G has had on early adopters since its launch, and looks at the perspective of non-5G subscribers interested in adopting the technology. Among...
With backing from Microsoft and a $1,500 price tag, the question remains: What will it take to make enterprises care?
At this week’s Meta Connect event, Mark Zuckerberg and company offered a State of the Union on the metaverse. He updated the public on Meta’s...
The metaverse as a concept hasn't exactly been the easiest sell just yet. With any new technology, there's bound to be pushback as consumers get comfortable with the idea of something outside of their comfort zone. However, the long-term potential is quite strong, with IDC reporting global shipments...
Qualcomm and Telefónica will leverage Snapdragon Spaces and the carrier's network infrastructure
In a new collaboration, Telefónica and Qualcomm Technologies will work to expand the XR ecosystem in preparation for the metaverse. The pair will leverage the Snapdragon Spaces XR Developer Platform and Telefónica’s fixed...
Omniverse goes IaaS with new managed services and a global delivery network
Nvidia’s been pushing its metaverse concept, the Omniverse, as everything from a digital twin simulation system to a collaborative 3D playground for designers and researchers, an AI training and proving ground to make...
Meta and Qualcomm entering into multi-year engineering collaboration to shape metaverse technology
During his keynote presentation at IFA 2022 in Germany, Qualcomm CEO Cristiano Amon continued his characterization of Qualcomm’s technologies as “your ticket to the metaverse,” calling the transition from 2D digital experiences to...
The metaverse needs a big networking lift, with telcos playing a central role
Telcos will be front and center when it comes to providing networking infrastructure to make the metaverse work. Early requirements for the metaverse suggest that Communication Service Providers (CSPs) have a lot...
Building the network to make the metaverse work puts telcos right at the foundation
The metaverse needs ubiquitous high-bandwidth, low-latency communications and will require new user equipment unlike anything that’s been used on mobile networks before. Getting the metaverse to work at scale will require...
'Put a digital twin inside a metaverse and what we now have is a metafactory,' says Fujitsu exec
The industrial metaverse is an idea that’s picking up momentum as more businesses find uses for metaverse visualization and interaction tools and technology. Digital twins — virtual representations...
Industrial metaverse applications run the gamut from digital twins to AI proving grounds
A lot of conversation in business and leisure around the metaverse focuses on its entertainment and commerce possibilities. But that’s the tip of the iceberg, when it comes to monetizing the metaverse....
Industrial metaverse applications run the gamut from digital twins to AI proving grounds
A lot of conversation in business and leisure around the metaverse focuses on its entertainment and commerce possibilities. But that’s the tip of the iceberg, when it comes to monetizing the metaverse....
Telecom companies have a major role to play in delivering impactful metaverse experiences
The metaverse is kind of a funny thing. It’s not really real just yet but given what we do know about it--a combination of connectivity, compute, graphics rendering, immersive user interfaces and...
Metaverse for metacasts, metaservices, and metaproducts
While the metaverse is still very much a nascent concept, it seems increasingly clear that telecom service providers and vendors ranging from device OEMs to cloud computing firms stand to generate significant revenues from delivering on what the concept...
Combining Nvidia’s Omniverse and Siemens’ Xcelerator enables 'full-fidelity digital twins'
Nvidia and Siemens have announced a collaboration that the two businesses promise will transform the manufacturing industry. The collaboration pairs Nvidia’s Omniverse and Siemens’ newly announced Xcelerator platforms together to “bring industrial automation to a...
The free-to-join forum is open to all companies, standards groups and universities, standards groups and universities
The Metaverse Standards Forum, launched jointly by technology and telecoms giants yesterday, aims to foster industry-wide cooperation on interoperability standards needed to build the open metaverse.
Neil Trevett, president of Khronos...
We’re entering an era of significant change. But do we have the right “mashup” of devices, services and networks to make it work? Just like the iPhone turned the internet into a mobile experience, the metaverse will disrupt the internet as we know it. Some...
No one person is going to build the metaverse, the Meta exec said at last week's Connect EXPO
At the recent Connect EXPO in Denver, Meta Director of Engineering Dan Rampton emphasized the need for collaboration in making the metaverse a reality, explaining that the...
The metaverse is becoming a very noisy place. It’s getting difficult for companies to be seen and heard. So, how can you raise volume of your approach and take advantage of the metaverse growth opportunity? We have learned important lessons in recent years. We...
For the metaverse to go mainstream, there are questions that need answering around standardization, market development, governance and UI
The metaverse isn’t a single thing. It’s a confluence of technologies, some established and some developing, that could, if a number of factors align, reshape the...
Thank you to the TD Ameritrade Network and host Nicole Petallides for inviting me to be a guest on their Trading 360 show. As an industry analyst in wireless and telecom, we discussed the changing wireless and telecommunications industry, which companies are performing well...
