A new app that lets people create avatars and hang out with friends in virtual bedrooms made its debut 3 weeks ago, and it's already taking Asia by storm

Tech Insider : Technology
Bondee's promotional graphic depicting several avatars.
Wear the trendiest outfits and live your best virtual life with your friends on Bondee.

Bondee/Metadream Tech

Legendary VC Bill Gurley warns of a tougher era for tech investors, praises Jeff Bezos, and casts doubt on the metaverse in a new interview. Here are the 10 best quotes.

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Bill Gurley
Bill Gurley.

Reuters

Is Meta Actually Making a Comeback?

Gizmodo

2022 was a year Meta, the company formerly known as Facebook in its healthier years, would rather forget.

Meta stock could jump 30% as Mark Zuckerberg sobers up on his metaverse ambitions and focuses on other initiatives, Gene Munster says

Tech Insider
Mark Zuckerberg showing his 'metaverse' avatar during Connect 2021
Mark Zuckerberg showing his 'metaverse' avatar during Connect 2021

Facebook

Mark Zuckerberg is finally embracing his new role as Meta's Chopper-in-Chief. Here are the plans he just laid out to further cut costs in 2023.

Tech Insider
Mark Zuckerberg wearing sunglasses

Alex Kantrowitz

Meta CEO Mark Zuckerberg makes a U-turn on metaverse spending as Reality Labs is hit with a new 'efficiency' mantra

Tech Insider
Mark Zuckerberg at Facebook's first ever retail location Meta Store
Mark Zuckerberg at Facebook's first ever Meta Store

Facebook/Meta

Meta Is Spending More Than $1 Billion per Month on the Metaverse

Gizmodo

Meta has released its final quarterly and full year financial results for 2022, and the results are...mixed for the company formerly known as Facebook.

ChatGPT parent OpenAI faces a blockchain rival as a new NFT project creates 3D avatars from text

Tech Insider
ChatGPT faces a new blockchain rival in Polygon's CharacterGPT program.
ChatGPT faces a new blockchain rival in Polygon's CharacterGPT program.

Yuichiro Chino/Getty Images

Microsoft Cuts VR Staff and Leaves Questions About Its Metaverse Ambitions

Gizmodo

After the dust cleared from Microsoft making moves to lay off over 10,000 employees—5% of its global workforce—it’s become apparent Microsoft isn’t merely taking a different tact on its virtual reality and mixed reality designs, it’s curtailing several of the major teams supposed to plant their virtual flag in the…

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