#Metaverse

Alibaba, a major China-based e-commerce company, is cutting down jobs in its metaverse department, Yuanjing Shengsheng.

The popular metaverse project The Sandbox has announced its acquisition of several meme coins, including PEPE, SHIB, DOGE, and BONK. This move is aimed at bolstering the Web3 ecosystem and fostering a culture of creativity, essential elements in any metaverse.

Interpol's specialist group has published a white paper detailing the role of metaverse platforms in modern policing. The report explores their substantial benefits for crime scene analysis and educational purposes.

The Committee on the Internal Market and Consumer Protection of the European Parliament has voted in support of a report that highlights the development of virtual worlds, independent of countries outside the EU.

Celebrating 25 years as a solo artist, English singer Robbie Williams will hold a concert in the LightCycle Metaverse.

Metaverse technology company Improbable has sold its gaming unit, The Multiplayer Group (MPG), to video game developer Keywords Studios for $97 million. MPG is renowned for its work on titles like Fallout 76 and Medal of Honor: Beyond and Beyond.

The Sandbox metaverse is launching Cinerama, a new virtual district featuring Hollywood brands such as "The Walking Dead," "Black Mirror," and "Peaky Blinders."