‘Metaverse’ is a contender for Oxford’s Word of the Year

“Metaverse” is among the leading three contenders for Oxford’s Word of the Year (WotY). 

The metaverse is an unsurprising inclusion for WotY—not everyone understands it, but most will have at least heard the term.

Facebook changing its company name to Meta towards the end of 2021 undoubtedly led to increased awareness of the metaverse. Over the last year, the word has been thrown around a little too easily.

There is still some confusion around what...

GlobalData: These advances will make the metaverse a success

Analysts from GlobalData have revealed the advances they believe will power the metaverse and drive adoption.

“Latency is a key hindrance to the metaverse adoption. Several companies are trying to address this issue from various angles as per their technical or business acumen,” said Kiran Raj, Practice Head of Disruptive Tech at GlobalData.

“Potential solutions could be in terms of network protocols, software applications, or hardware such as chips and AR and VR...