There is news that Tencent has received notification from Meta, stating that they will temporarily suspend their collaboration on this generation of XR hardware.
Microsoft, Meta, and 34 other companies and organizations have formed a standards group - Metaverse Standards Forum - for metaverse tech.
This week: Animoca Brands acquires educational startup TinyTap, NFT platforms in China grow 5x in four months despite regulatory scrutiny, Yahoo to launch metaverse events for Hong Kong residents restricted by COVID measures, and more.
This week: Chinese metaverse infrastructure startup Xmov receives $130 million in funding, Shandong Television pursues NFT and metaverse projects, and more.
This week: Hong Kong property tycoon invests in Animoca Brands, Crypto exchange BitMart lost $150 million to hackers, Meta opens up access to its VR social platform Horizon Worlds, and more.