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Global Business Review Magazine
Tuesday, February 7, 2023
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3D ads come to Facebook, Instagram

3D ads come to Facebook, Instagram

Meta Platforms Inc will make it easier for brands to run three-dimensional ads on Facebook and Instagram. This is through a new partnership with an ecommerce technology firm. The integration with VNTANA will allow brands to upload the 3D models of their products. This is to the social media platforms and easily convert them into ads, VNTANA said in a press release. VNTANA Chief Executive Ashley Crowder said that the move is a stepping stone into advertising in the metaverse. He stated this by referring to the futuristic idea of a collection of virtual worlds that can be accessed through different devices such as headsets.

Meta has staked its future on contributing to the building of the metaverse. In the meantime, brands in the beauty, fashion and furniture industries are working to transition from 2D to 3D representations of their products. Crowder said that the metaverse is basically the spatial internet. It is a whole world of possibility that starts with having the right 3D models of your products. Facebook and Instagram users who see a 3D ad while browsing on their desktop or phone can interact with an image of a handbag, for instance, and move the item around to view it from all angles.

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Chris Barbour, director of augmented reality partnerships at Meta’s Reality Labs unit stated that in a way, this offers a glimpse of what they might expect on future devices like AR glasses. Before VNTANA’s integration with Meta, advertisers would need to reformat 3D files to be compatible with Meta’s ad systems. Now, brands can use VNTANA to easily upload and convert the files into ads without technical expertise in working with 3D images.

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After China central bank vows to crack crypto trade, Bitcoin slips

A glimpse of Cryptoverse DEX, and a brief accounting

FTX invested $300 million in Bahamas property as “personal fiefdom”

FTX invested $300 million in Bahamas property as “personal fiefdom”

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Africa calls for climate finance tracker

COP27 agreement achieves a milestone on “damage and loss,” but not more

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

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Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

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  • A glimpse of Cryptoverse DEX, and a brief accounting
  • FTX invested $300 million in Bahamas property as “personal fiefdom”
  • Ant group sees fine from China over $1 bln, suggesting overhaul is almost done
  • COP27 agreement achieves a milestone on “damage and loss,” but not more
  • Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

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