What Facebook and Microsoft's big moves tell us about the metaverse: VR and NFTs continue to rise, and the US$68.7 billion purchase of Call of Duty's company Activision Blizzard is 'nuclear' | South China Morning Post

This article is part of STYLE's Inside Luxury column No topic has both intrigued and scared the luxury industry recently as much as the metaverse. In the last two weeks alone, I had at least 20 independent discussions with different luxury brands either on how they should react to the emergence of the metaverse, or what implications it could have on strategy and leadership. While many luxury brands are strategising, tech platform companies are already making moves that will significantly impact the future. Facebook recently renamed itself Meta Platforms, a clear signal from the world's largest social media company that…