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Technology’s role in social sustainability

CIO

Technology has a critical role to play in any organization’s social sustainability strategy. And according to a survey from NTT, a majority of senior executives recognize this and are actively working to harness digital technology and innovation to support their social sustainability initiatives. That number is set to grow.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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Makers Fund-backed virtual social app MEW woos comic fans in the US

TechCrunch

Raven Gao didn’t set up virtual social platform MEW to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. MEW’s interface can be perplexing for many people at first glance.

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VUZ raises $20 million to scale its immersive social app

TechCrunch

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. The platform offers over 20,000 hours of content covering entertainment, creators, sports, and XR, VR, and AR experiences virtually anywhere in the world.

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Discord expands its plans to sell custom avatars and other virtual items

TechCrunch

Discord is expanding access to its virtual shop, first launched in October, allowing users who don’t pay for a monthly Nitro subscription to purchase cosmetic updates to make their […] © 2023 TechCrunch.

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Do we need so many virtual HQ platforms?

TechCrunch

million seed f or its virtual HQ platform. Teamflow’s virtual HQ platform. Gather’s virtual HQ platform. “Productivity isn’t broken, but culture, fun and social interaction is,” Mills told TechCrunch. Virtual HQs race to win over a remote-work-fatigued market. There are games too.

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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The platform has been around for years serving as a social hub and gaming platform for virtual reality users. They’ve raised just shy of $50 million to date.

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