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Meta and other tech giants form metaverse standards body, without Apple - Dunya News

Last updated Tuesday, June 21, 2022 23:34 ET

(Reuters) - Meta (META.O), Microsoft (MSFT.O) and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other.
Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to gaming companies, as well as established standards-setting bodies like the World Wide Web Consortium (W3C), the group said in an statement announcing its creation on Tuesday.
Conspicuously missing from the member list for now however is Apple (AAPL.O), which analysts expect to become a dominant player in the metaverse race once it introduces a mixed reality headset this year or next.
Gaming companies Roblox and Niantic also were not included among the forum’s participants, nor were emerging crypto-based metaverse platforms like The Sandbox or Decentraland.
Apple has not yet publicly acknowledged plans for a headset, although it has reportedly given its board a sneak peek of the product, according to Bloomberg. It did not immediately respond to a request for comment about the new metaverse forum.
Introducing such a device would put Apple in direct competition with Meta, which has staked its future on the growth of the metaverse and invested heavily in hardware to make its vision of interconnected virtual worlds a reality.
Meta, known as Facebook until it changed its name as part of its...



Read Full Story: https://dunyanews.tv/en/Technology/656978-Meta-and-other-tech-giants-form-metaverse-standards-body-without-Apple

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