|
Hello Insiders, 🌌 Today's headlines feature Meta revamping Horizon Worlds, a dive into Nintendo Switch's top games, and MeetKai and Silicon Box partnering up to create a digital twin. ⏬ Scroll down for some Quick Hits and our Upcoming Events section. 💬 Your thoughts matter to us — don't hesitate to hit reply and share your feedback! 📚 Enjoy your read! Vildana p/vildana-b | |
1 | Meta is revamping Horizon Worlds to boost its appeal, integrating more video games. The company's Reality Labs unit recently reported a $3.7B operating loss and $276M in revenue; since the onset of 2022, Reality Labs has incurred losses surpassing $21B. More: - Horizon Worlds serves as Meta's primary free VR platform where users can socialize.
- Meta's new in-house studio, Ouro Interactive, is dedicated to producing first-party VR games.
- Their debut game, Super Rumble, boasts graphics superior to other games on Horizon Worlds.
- This game is set to be a test subject for Horizon Worlds' upcoming mobile version.
- Meta is enhancing the VR platform's infrastructure to accommodate high-quality, intricate games.
- Vishal Shah, Meta's Vice President of Metaverse, sees the mobile Horizon Worlds version as a connector between smartphones and Quest VR headsets.
Zoom Out: | | |
|
A message from our sponsor, impact.com. | | Introducing the Ultimate Guide to Influencer Marketing! Are you looking to harness the power of influencers to boost your brand's reach and engagement? Look no further. This comprehensive guide is your roadmap to success in the dynamic world of influencer marketing. Uncover the strategies and best practices that industry experts swear by. From identifying the right influencers to crafting compelling collaborations, this guide covers it all. We delve into the nuances of influencer selection, negotiation, and campaign measurement to ensure you achieve the desired impact. Gain valuable insights into the latest trends shaping the influencer landscape. Discover how to leverage micro-influencers, nano-influencers, and macro-influencers to create authentic connections with your target audience. Whether you're a seasoned marketer or new to influencer campaigns, this guide will equip you with the knowledge to navigate this ever-evolving field. Download your ultimate guide | |
|
3 | MeetKai and Silicon Box have partnered to create a digital twin of Silicon Box's chip packaging facility, aiming to bolster the semiconductor supply chain. The collaboration seeks to address the ongoing chip supply volatility and enhance production capacities. More: - MeetKai is a leading conversational AI and metaverse infrastructure-building company.
- Silicon Box's new facility will cost approximately $2B.
- The facility, located in Tampines, Singapore, spans 800,000 sq. ft. and is designed for production, talent, and business development.
- The partnership aims to resolve bottlenecks in packaging capacities.
- Silicon Box plans to increase its investments in R&D and hire skilled talent in computer science, design, engineering, and more.
- Working with the Singapore Economic Development Board (EDB), Silicon Box aims to enhance its industrial metaverse capabilities.
Zoom Out: - Siemens recently invested €1B in its site in Erlangen, Germany, aiming to develop a hub for industrial metaverse technologies.
| | |
4 | College students are leveraging VR technology to enhance their public speaking skills. A pilot program at Indiana University–Purdue University Indianapolis (IUPUI) has introduced virtual reality headsets to help students refine their oratory abilities and alleviate communication apprehension. More: - IUPUI uses VR to immerse students in simulated public speaking scenarios, allowing them to gain confidence and receive instant feedback.
- The university's software, developed by U.K. company VirtualSpeech, was initially aimed at business professionals but is now used in IUPUI's speech lab.
- The software simulates various audience sizes and distractions, offering a realistic training environment for students.
- Features of the program include assessing a student's speaking pace, use of filler words, eye contact, tone of voice, and body language.
- The software supports 20 languages, enabling non-English speakers to receive feedback in their native tongue.
Zoom Out: | | |
A message from our sponsor, Vanta. | | Save 300+ hours of compliance work (and claim your $1000 discount) Achieving compliance can unlock major growth for your company and establish a foundation of trust, but the process is often costly and incredibly manual. Vanta automates up to 90% of the work for SOC 2, ISO 27001, GDPR, HIPAA, and more — getting you audit-ready in weeks and saving you significant costs (up to 85%). And with nearly 200 integrations, you can easily monitor and secure the tools your business relies on. Vanta scales with your business, helping you successfully enter new markets, land bigger deals, and earn customers' loyalty. Over 5000 fast-growing companies around the world trust Vanta to manage risk and prove security in real-time. As a special offer, Inside readers get $1000 off Vanta. Claim your discount | |
|
|
6 | Teyo Johnson, the former NFL star, settled his $1.9M sexual harassment lawsuit against his tech employer for just over $50,000. The lawsuit alleged that Everyrealm co-founder Janine Yorio subjected Johnson to harassment and racial discrimination. More: - Johnson, previously with the Oakland Raiders, claimed in court that Yorio urged him to sleep with co-workers and made inappropriate comments.
- Johnson was allegedly forced out of the New York-based metaverse company, Everyrealm, after rejecting Yorio's advances.
- Everyrealm, supported by Andreessen Horowitz and endorsed by celebrities like Paris Hilton and Will Smith, stated Johnson was terminated for poor performance.
- Johnson also claimed he was paid less due to racial discrimination.
- Everyrealm and Yorio countersued, accusing Johnson of libel regarding equity offers.
- The final settlement amount was $51,456, as confirmed by Everyrealm.
- Everyrealm also settled with two other employees on similar claims, paying out $37,616.37 and $38,847.79, respectively.
| | |
7 | QUICK HITS - Elevate your cloud expertise with the AWS Cookbook. Practical, concise, AWS-focused: This resource is your key to cloud success.*
- Dublin Airport's Media Sales team introduced Ireland's first hologram for advertising, using a fast-rotating LED display to create 3D content that seems to hover.
- There is a growing trend of VR and AR and its increasing presence in opera productions.
- Meta Platforms experienced its highest quarterly sales growth since 2021, attributed to rebounding digital advertising, with increased spending planned for its experimental metaverse unit in 2024.
- Big savings on an e-bike that'll help you live your best life this summer. Upway sells top-notch, certified e-bikes at up to 60% off retail prices. Get $150 off with code INSIDE.*
*This is sponsored content. | | |
Upcoming Events | JUL 31 | #TwoCents Discussion Community Challenge | | | | | AUG 2 | Join Vanta and VioletX and find out how growing startups should navigate the complex compliance space.* | | | | | OCT 16 | Meet Our Fund 5, Building and Investing in AI | | | | | NOV 7 | Join us for Strategic Marketing 2023 and meet 300+ CMOs and senior marketing leaders from the world's biggest brands.* | | | | | * This is a sponsored event | | | |
Term of the Day Management Buyout: An acquisition where the company's existing management acquires the controlling stake from the existing owners is called a management buyout (MBO). Read More Question of the Week Have you ever regretted a career decision? What would you have done differently? Join the conversation |
INSIDE METAVERSE LEADERBOARD (30 DAYS) |
|
|
|
|
|
|
|
Comments
Post a Comment