News Snapshot:
The Chinese government has issued a state-sanctioned report warning internet companies to be cautious when seeking to deploy so-called “virtual idols” – synthetic celebrities intended to gain large human fan bases – in the possibly-forthcoming digital metaverse. In its report published to the QQ platform on Monday , The People’s Daily Online Public Opinion Data Center, part of state mouthpiece The People’s Daily, warns of “inherent risks” in the metaverse market. Aimed at creators of virtual singers and video streamers, the report warns of capital manipulation and monopoly tension in the metaverse, a theme described by GlobalData social media research...