META NEWS

Widely seen as the next generation of the internet, the metaverse refers broadly to a virtual world where humans interact through three-dimensional avatars that can be controlled via virtual reality headsets.
However, the benefits to chipmakers will be “uneven,” Morningstar said in a report last week.
In such cashless virtual environments, blockchain technology and cryptocurrencies could also play a key role.
The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Widely seen as the next generation of the internet, the metaverse refers broadly to a virtual world where humans interact through three-dimensional avatars that can be controlled via virtual reality headsets like Oculus. Through the metaverse, users can engage in virtual activities such as gaming, virtual concerts or live sports.