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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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Strategies for Attracting and Retaining Top Talent in a Competitive Market

N2Growth Blog

To attract and retain top-tier talent in a competitive market, organizations must adopt innovative strategies that help identify the right candidates and create a cultural environment where they can thrive. In some cases, virtual and augmented reality are also utilized for immersive candidate assessments and onboarding experiences.

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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The platform has been around for years serving as a social hub and gaming platform for virtual reality users. They’ve raised just shy of $50 million to date.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. More recently, the company introduced Changera , a social payment solution allowing customers to use stablecoins to facilitate remittances and international payments on Netflix and Amazon via virtual cards.

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How to Conduct Effective Virtual Recruitment Events for Global Teams

Hacker Earth Developers Blog

In the current global environment, the ability to attract and select the best talents in the global market has been a strength as well as a weakness to organizations. If well done, virtual recruitment events will go a long way in improving your talent acquisition plans, especially for multi-location positions.

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Do we need so many virtual HQ platforms?

TechCrunch

million seed f or its virtual HQ platform. Teamflow’s virtual HQ platform. Gather’s virtual HQ platform. “Productivity isn’t broken, but culture, fun and social interaction is,” Mills told TechCrunch. Virtual HQs race to win over a remote-work-fatigued market. There are games too.

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10 most used gen AI tools in the enterprise

CIO

According to Precedence Research, the global gen AI market was over $25 billion in 2024 and is forecast to reach a staggering $803 billion by 2033. Meta AI Meta AI is Metas multimodal AI virtual assistant for the companys messaging and social media applications, including Facebook, Instagram, WhatsApp, and Messenger.