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Cryptocurrencies: 25799
Markets: 103857
Market Cap: $2,671,173,322,305     
24h Vol: $42,155,958,097
cryptonews 2023-02-11 10:45:00

Microsoft Pulls the Plug on Industrial Metaverse Team – Here's What Happened

Microsoft Pulls the Plug on Industrial Metaverse Team – Here's What Happened
Microsoft has discontinued its Industrial Metaverse Core team, a four-month-old project aimed to encourage the use of the metaverse in industrial environments. According to a Thursday report by The Information, the tech giant has also laid off employees working on the project, which amounts to about 100 people. The company wants to prioritize shorter-term projects over those needing longer to generate meaningful revenue, the report said, citing a person familiar with the matter. ... Read More: Microsoft Pulls the Plug on Industrial Metaverse Team – Here's What Happened
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