India's First International News Journal

27.1 C
Sunday, May 28, 2023
BusinessTech Industry Layoffs and Disney's Exit from Metaverse Create Buzz in Web3...

Tech Industry Layoffs and Disney’s Exit from Metaverse Create Buzz in Web3 Marketing


As the tech industry struggles with layoffs, the news of Disney’s exit from the metaverse has sent ripples throughout the digital marketing and advertising world. According to Ad Age , Disney’s decision could have significant implications for the future of Web3 marketing.

Disney’s decision to exit the metaverse comes amidst the company’s own layoffs, as reported by CNBC . The media giant’s CEO Bob Iger recently sent a memo to employees stating that the company would be making “difficult decisions” in order to streamline its operations. This news follows reports of Burger King restaurants closing and the recent heist at a Black Hawk, Colorado casino.

But while Disney’s decision may be seen as a setback for the metaverse, some experts suggest that it could be a blessing in disguise. As Web3 continues to evolve, companies may find that their marketing efforts are better suited to other platforms, such as gaming or social media.

Meanwhile, news of the five planets aligning has captivated stargazers, while a snowstorm in California has left residents concerned about water levels in the state’s reservoirs. In other news, the North Carolina Zoo recently faced a bomb threat, while the Albany Medical Center Hospital was put on lockdown following a security threat.

On a lighter note, fans of the Super Mario Bros. franchise can look forward to the upcoming movie adaptation, while Popeyes has introduced a new menu item in the form of strawberry biscuits. And in the world of sports, skateboarder Robbie McKinley continues to push the boundaries of what’s possible on four wheels.

However, some stories remain unresolved, such as the case of Noel Rodriguez Alvarez, who has been missing for several months. And the recent reinstatement of Adnan Syed’s conviction has left many wondering about the flaws in the criminal justice system.

As always, the news is a mix of the serious and the lighthearted, the tragic and the inspiring. And in a world that is constantly changing, it’s up to us to stay informed and engaged.

Copyright © 2023 The Eastern Herald.

Muzaffar Ahmad Noori Bajwa
Muzaffar Ahmad Noori Bajwa
Editor-in-chief of The Eastern Herald, Political & Foreign Relations Strategist. Hails from Punjab, India.

Public Reaction


Millionaire Aisle Raffle Draw


Latest News