News & Reviews:   metaverse

This week's TechNave Business Bytes news for Week 2 of March 2024 highlights advancements in technology and sustainability across various industries in Malaysia.

It takes a village to raise a child, and a nation to raise a society. Education is an important pillar of our country. Perhaps, this is the main reason behind CelcomDigi’s latest venture with VIRNECT (438700: KOSDAQ). That said, both companies signed an MOU recently. So, what should you know about this strategic partnership?

Previously cancelled in 2022, the Mobile World Congress Shanghai (MWC Shanghai) is set to return in 2023. This will also be the 10th time the event will be held at the Shanghai New International Exhibition Center (SNIEC) from 28 to 30 June 2023.

CelcomDigi today announced that it has signed a Memorandum of Understanding (MoU) with South Korea’s SK Telecom to explore and develop Malaysia’s first operator-led mobile Metaverse platform. The MoU was signed at the Mobile World Congress (MWC) 2023 in Barcelona by Celcom Digi CEO Datuk Idham Nawawi and SK Telecom CEO Young-sang Ryu.

Out of all the things, we never expect Maxis to jump into the metaverse that soon since the concept is still in its early stage. Nevertheless, the company is going to launch its own metaverse and here's what you should know about it. 

Metaverse is something that many tech companies are trying to build nowadays, and big sharks like Meta and Microsoft already introduced their ideas earlier for how to connect people in a different way. Until now, Spotify has also jumped on the bandwagon, creating its metaverse via Roblox with the name 'Spotify Island'.

Meta, the parent company of Facebook and Instagram is reportedly planning to introduce in-app tokens as the virtual currency for its Metaverse. In fact, according to a report by Financial Times, employees of the company already have a nickname for the currency: Zuck Bucks.

The in-app tokens would be centrally controlled by Meta and is similar in concept to the popular children’s game Roblox’s Robux currency. Previously, several sources claimed that Meta was planning to use cryptocurrency called Diem as its virtual currency.

HTC was once a solid contender in the smartphone industry but has fallen out of the race due to the fierce competition among the players. That said, HTC is not entirely dead yet as they still develop other kinds of technologies around the world.

From time to time, Samsung would be developing something new for the tech industry. This time, the company just announced the industry's first 14-nanometre (nm) based 16GB Low Power Double Data Rate 5X (LPDDR5X) DRAM. This was designed to be compatible with future service applications such as 5G, AI and the metaverse.

Virtual reality (VR) gaming is something that's never quite taken off. Excluding the relatively successful Valve Index with Half-Life: Alyx, most gamers aren't into VR at all. That's probably why companies like HTC are looking into other use cases like meditation.