Why big business is pumping billions into the metaverse

Tech companies like Meta are investing billions of dollars into the so-called metaverse. It can loosely be defined as a virtual world where people live, work and play. While there are some early versions of the metaverse out there, it doesn’t really exist yet. Many of those early versions were touted by the tech giants at this year’s Mobile World Congress event in Barcelona. But there’s a long way to go and questions are already being asked about whether the metaverse will end up being a utopia or a dystopia. #CNBC #Metaverse #VirtualReality #MWC2022 ----- Subscribe: CNBC International TV: Facebook: Instagram: Twitter:
Mon, 25 Apr 2022 12:00:18 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.