Beyond the Headlines: A journey into the metaverse


Arthur Scott-Geddes
  • English
  • Arabic

The idea of a virtual world existing in parallel to the real one was once the stuff of science fiction.

But today, millions of people are already spending hours a day in virtual spaces and spending billions of dollars on things that simply don’t exist in a physical environment.

What was once a controversial idea among tech enthusiasts came crashing into the mainstream in October 2021, when Facebook changed its name to Meta and rebranded itself as a “metaverse company”.

Now, the company and others like it are betting big that we will all be spending more and more time in the metaverse – doing everything from socialising and playing games with friends, to exercising and working remotely.

On this week's Beyond The Headlines, host Arthur Scott-Geddes asks: what is the metaverse and is it really about to change the world?

RESULTS

Argentina 4 Haiti 0

Peru 2 Scotland 0

Panama 0 Northern Ireland 0

The lowdown

Rating: 4/5

COMPANY%20PROFILE%3A
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envision%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2017%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarthik%20Mahadevan%20and%20Karthik%20Kannan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20The%20Netherlands%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Technology%2FAssistive%20Technology%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%241.5%20million%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%204impact%2C%20ABN%20Amro%2C%20Impact%20Ventures%20and%20group%20of%20angels%3C%2Fp%3E%0A
The specs

Price: From Dh180,000 (estimate)

Engine: 2.0-litre turbocharged and supercharged in-line four-cylinder

Transmission: Eight-speed automatic

Power: 320hp @ 5,700rpm

Torque: 400Nm @ 2,200rpm

Fuel economy, combined: 9.7L / 100km

Updated: February 17, 2022, 11:22 AM
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