On Tuesday, 35 technology companies—among them Meta (formerly known as Facebook), Microsoft, Alibaba, and Sony—announced their founding membership in an organization calling itself the Metaverse Standards Forum. The Forum’s stated goal: to foster coordination and cooperation among the hundreds of companies currently jockeying to create (or depending who you ask, dominate) the still-nascent metaverse.
Source: Meta, Microsoft and Other Tech Giants Say They Want an Open Metaverse—Should We Believe Them? – Decrypt