If you are a busy bee with little time to spare to catch up on the news. You have landed in the right place. We have curated the latest highlights in Metaverse News.
1. Metaverse schooling will aid Japanese cities in combating rising absenteeism. For example, the city of Toda to select a metaverse education service that allows students to tour the campus and study in virtual classrooms. But, students to obtain permission from their principals to attend metaverse schooling.
2. Meta is planning large-scale layoffs this week due to increased costs and a recent drop in its share price. Meta has around 87,000 employees as of the end of September, with a significant proportion of them working in the Reality Labs business.
3. Wuhan excludes NFTs from its metaverse plan due to regulatory uncertainty in China. The Chinese government has expressed an interest in building a metaverse economy, although its position on NFTs has been ambiguous.