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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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Virtual Recruitment Events: A Complete Guide

Hacker Earth Developers Blog

Virtual hiring events are becoming vital for modern recruitment, and the hiring world is changing rapidly. As businesses embrace remote-first cultures and global talent pools, virtual recruitment events are a cost-effective, efficient, and scalable way to source and connect with top talent. What are Virtual Recruitment Events?

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Foursquare founder banks funding for mystery 3D social network startup

TechCrunch

The founding team doesn’t have an awful lot to say about what exactly they’re building, except that it’s a “social layer” for consumers based around interacting with virtual spaces that capture the “spirit” of real-life geographies and cities.

3D 313
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Makers Fund-backed virtual social app MEW woos comic fans in the US

TechCrunch

Raven Gao didn’t set up virtual social platform MEW to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. MEW’s interface can be perplexing for many people at first glance.

Social 224
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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.

Games 340
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Twine raises $3.3M to add networking features to virtual events

TechCrunch

The team’s original idea was to help people who were missing out on social connections under Covid lockdowns find a way to meet others and chat online. By January 2021, the new events-focused version of twine was up-and-running, offering a set of professional networking tools for event owners. This is the taxi market, pre-Uber.”

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Chinese cyber espionage growing across all industry sectors

CIO

Adversaries are pre-positioning themselves within critical networks, supported by a broader ecosystem that includes shared tooling, training pipelines, and sophisticated malware development. These networks are similar to botnets, but are primarily used as proxies, and are often administered by independent contractors that are based in China.

Industry 198