The metaverse has taken a financial toll on Meta—the tech titan is down 65% on the year, partly due to its metaverse project costing several billion dollars per year without hope of profitability anytime soon. Third-quarter results show the company lost $9 billion so far this year on Reality Labs, the arm of Facebook which […]
Ethos Lab
Centre for Digital Media Partners With Ethos Lab to Improve Black Representation in Digital Media
Centre for Digital Media (CDM) has partnered with Ethọ́s Lab, a Black led youth STEAM education provider, to help improve Black representation in digital media. Centre for Digital Media, a ground-breaking partnership between UBC, SFU, BCIT and Emily Carr University, is one of eight organizations selected to receive the Higher Ed XR Innovation Grant from […]
Frontier Collective Announces Flagship Summit to Connect Global Leaders with Local Startups
Frontier Collective has created a flagship summit aimed at connecting global investors, leaders, and stakeholders with metaverse and Web3 leaders in Vancouver. The local nonprofit announced today that the inaugural Frontier Summit will take place in mid-August. “Frontier technologies are thriving in this region and we see a tremendous opportunity to cement Vancouver’s position both nationally […]