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BREAKING
Al Mayadeen's correspondent in Lebanon: Israeli occupation forces carried out an explosion in the southern border town of Kfar Kila
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.

Experts Say Facebook's Metaverse Might Flop

  • By Al Mayadeen
  • Source: Reuters
  • 2 Dec 2021 00:33
2 Min Read

Facebook made headlines in November when it altered its name to Meta, announcing its intention to center on the "metaverse."

  • x
  • Metaverse Developers Say Meta May Flop
    Mark Zuckerburg during his announcement that Facebook will become 'Meta' on October 28, 2021

According to Reuters, several of the world's innovators have forecasted that Facebook risks losing in the metaverse - and a forthcoming revolution in consumer behavior - if it does not allow digital ownership.

The details of the rebrand have been unclear in terms of innovation and profit. 

At the Reuters Next conference, Yat Siu, chairman and co-founder of Animoca Brands, an investor and innovator of metaverse platforms, says "What Facebook is doing with meta...is a 'fake metaverse,' unless they have a real description of how we can truly own it."

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"Until then, it's just Disneyland. It's a beautiful place to be, but we probably don't want to really live there. It's not the kind of place that we can actually build a business."

The term "metaverse" refers to a collection of public locations accessible via the internet. Some employ smart glasses that offer augmented reality, albeit contemporary platforms frequently resemble the interior of a video game rather than the real world.

The metaverse is proving to be highly profitable, with an online "real estate" property being sold for $2.4 million last week.

Facebook offered no reply for requests to comment, but its initiation in the project has piqued the interest of many to join.

Meanwhile, companies have been looking to get a share in the action and attorneys attempting to define what digital ownership truly is. 

  • Metaverse
  • Meta
  • Facebook
  • Mark Zuckerberg
  • Whatsapp
  • Twitter

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