
Alibaba's YuanjingOS Lays Off Employees: After YunOS, It Also Gives Up on the Metaverse OS
Alibaba YuanjingOS underwent large-scale layoffs. This is another operating system that Alibaba has voluntarily exited from after YunOS.
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Alibaba YuanjingOS underwent large-scale layoffs. This is another operating system that Alibaba has voluntarily exited from after YunOS.
Chinese internet firm Baidu has recently launched a social app called "Xirang" ("land of hope)" on both the domestic Apple and Android App Store, stepping forward along the path of the Metaverse.
This week: Tencent-backed digital publisher jumps on NFT bandwagon, Chinese state media signals tighter crypto control following Terra's collapse, Coinbase rescinds accepted offers as valuation plummets, and more.
This week: Bilibili launches first NFT series "Dovthe," e-CNY will enter WeChat Pay, GameStop shares surge on plan to enter NFTs, and more.
In last week’s VC news, prominent Chinese specialty coffee chain Seesaw Coffee bagged new financing via its Series A++ funding round, metaverse proponents Oasis, and more.
Tencent is reportedly planning to acquire Black Shark, a gaming smartphone company. After the acquisition, Black Shark will be merged into PCG of Tencent Group led by Ren Yuxin.
With the public launch of XiRang, Baidu has now firmly established itself as one of China’s leaders in the metaverse race.
This week: Chinese computer giant Lenovo makes its foray into the metaverse field, game engine Cocos raises $50 million in series-B funding round, and more.
Chinese internet technology company NetEase will set up its Hainan headquarters and build a metaverse industrial base project in the southern island province's capital city of Sanya.
On Monday, the "Top Ten Internet Buzzwords for 2021" was released by the National Language Resource Monitoring and Research Center.
STEPVR, a VR technology service company, released Gates01, its first entry-level product for the metaverse on Thursday.
This week: China to create its own NFT industry based on state-backed blockchain infrastructure, Animoca Brands sees private valuation surge to $5 billion, and more.