DTTM Operations, a company that manages U.S. President Donald Trump's IP rights, filed a trademark with the U.S. Patent and Trademark Office (USPTO) which might hint at potential non-fungible tokens (NFTs) and metaverse platform. The document lists various products related to blockchain-based goods and services, including accessing NFTs, managing cryptocurrency transactions, virtual reality software and hardware and game software featuring crypto tokens for use in online virtual worlds. The filing status says the application has been accepted by the office and is awaiting an examiner.

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Having access to virtual worlds from your home computer via your web browser and being able to interact with others in a secure and private manner: that is the promise of metaverse platforms. CISPA researcher Andrea Mengascini conducted a reality check on this promise and discovered significant risks in terms of a lack of privacy and the danger of cyberattacks. He presented his study, "The...

Dec 12 (Reuters) - Meta (META.O) said on Thursday it was releasing an artificial intelligence model called Meta Motivo, which could control the movements of a human-like digital agent, with the potential to enhance Metaverse experience. The company has been plowing tens of billions of dollars into its investments in AI, augmented reality and other Metaverse technologies, driving up its capital expense forecast for 2024 to a record high of between $37 billion and $40 billion. Meta has also been releasing many of its AI models for free use by...

(NewsUSA) – Thirty years ago, the advent of the internet changed the world. For the first time in human history, the collected knowledge of all mankind was freely available to every man, woman, and child on the planet with the click of a few buttons. Fifteen years ago, the world changed again with the widespread availability and adoption of smartphones that put the full power of the internet in the palm of our hands whenever we want and wherever we are. As monumental as these advancements were, they were just...

May 14 (Reuters) - Meta Platforms (META.O) will discontinue its work-focused Workplace app as the company shifts its focus on building artificial intelligence and metaverse technologies, the Facebook parent said on Tuesday. Workplace will be shuttered starting June 2026 for customers but Meta will continue to use it as its internal messaging board, the company said, adding users can continue to access the product until August 2025. "We are discontinuing Workplace (to) focus on building AI and metaverse technologies that we believe will fundamentally reshape the way we work. Over...

Mark Zuckerberg’s Meta, the company formerly known as Facebook, continues to invest heavily in his Metaverse vision, even as its Reality Labs division reports significant financial losses, including an astounding $3.8 billion loss in the first quarter of 2024. Quartz reports that in 2021, when Mark Zuckerberg rebranded Facebook as Meta, he made bold promises about the potential of the Metaverse, a virtual reality where people could interact, work, and socialize in ways that transcend physical boundaries.

In a world beleaguered by crises, ranging from the stark realities of environmental degradation to the societal instability driven by global uncertainties, the metaverse emerges as a virtual sanctuary. Amid the turbulence of our problem du jour — be it warfare, geopolitical strife, crypto losses or the relentless march of climate change — this digital odyssey offers a portal to an unbounded universe of potential within our very own Utopia. It invites us to step beyond the clamor of worldly strife, into a realm where the boundaries of creativity and...

Video game developer Epic Games is laying off around 16% of its employees following a metaverse-inspired transition of its popular online game Fortnite. The layoffs affect 830 of Epic Games' employees, CEO Tim Sweeney said in an email to employees on Thursday . Epic Games has been "growing Fortnite as a metaverse-inspired ecosystem for creators," according to Sweeney. The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is more distributed. "I had long been optimistic that we could power through this...

Watch out, Zuckerberg. Apple unveiled a new AR/VR headset at its annual developer conference—marking its largest product release since the Apple Watch in 2015. Apple CEO Tim Cook announced the headset—called Apple Vision Pro—during a keynote address at the Worldwide Developer Conference on Monday. The mixed-reality headset promises to blend augmented and virtual reality, allowing users to overlay digital images and videos in the real world. The device is slated to be released early next year with a hefty price tag of $3,499—an arguably risky pricing strategy that’s sure to...

Federal prosecutors alleged Friday that a Nevada man helped defraud 10,000 investors out of more than $45 million by touting a fake metaverse project with its own crypto token that would one day be sold for trillions of dollars. Bryan Lee, a 57 year-old Las Vegas resident, was named in a superseding indictment over his involvement in an alleged investment fraud scheme called CoinDeal. Lee was charged with conspiracy, mail fraud, wire fraud and criminal monetary transactions. Indictments in the broader case date back to June of last year. Lee...