Press release: New platform enables user-created social VR experiences SAN FRANCISCO – Linden Lab, the creators of Second Life, today announced that applications have opened for an upcoming “Creator Preview” for Project Sansar, the new platform for user-created social virtual reality experiences. Interested 3D content creators can now apply at ProjectSansar.com and acceptedRead More →

In mid-June, Linden Lab announced that third-party exchanges must stop selling Linden dollars, which will effectively put all or most of these exchanges out of business by August 1. There is an English-language petition with around 300 signatures at SaveTheExchanges.com and a German-language petition at OpenPetition with more than 700 signatures. There is a smallRead More →

Press release: Avination required to stop transfer of Linden Dollars London — Due to recent interaction with Linden Labs, the Avination grid is announcing that the transfer of Linden Dollars to Avination is no longer available, including payment for Avination regions via the Avination ATMs. “Following discussions with Linden Labs they have advised that anyRead More →

Linden Dollar: Another Virtual Currency Affected by FinCEN. Bitcoin has been in the news recently. But bitcoin is not the only virtual currency. Virtual currencies, in one form or another are here to stay. When U.S. Treasury Department’s enforcement arm, FinCEN, issued its interpretive statement, it recognized this much. TheRead More →

Second Life is a tipping point, and has been precariously balanced there for months. Average daily concurrency has been slipping since the start of 2010, according to data from Metaverse Business. In fact, according to Tateru Nino, concurrency in Second Life is at its lowest level in two years. TheRead More →

Press Release: Second Life’s New Leader: Rod Humble Becomes CEO of Linden Lab MMO and Gaming Industry Visionary to Bring New Life to Second Life SAN FRANCISCO — Linden Lab®, creator of 3D virtual world Second Life®, today announced that Rod Humble has become the company’s Chief Executive Officer. HumbleRead More →

Investors in virtual companies listed on the Second Life Capital Exchange lost most of their money, according to a new research report. The report, which covered the time period between May 2007 and December 2009, showed that investors bought US$145,000 worth of shares in initial public offerings of virtual companies.Read More →

How do you keep up with industry trends?  You hear from the people setting the trends.  On September 24th, FountainBlue held its annual virtual worlds conference on Cisco’s campus in Milpitas, CA.  The event featured a session titled “Trends in the Virtual Worlds Industry: An Update on What’s New andRead More →

Press release: Linden Lab Announces Management Changes SAN FRANCISCO, June 24 — Linden Lab®, creator of 3D virtual world Second Life®, announced today that company founder Philip Rosedale has been named interim CEO, and CFO Bob Komin has assumed the additional role of COO.  Linden Lab also announced that MarkRead More →

Linden Lab announced 30 percent staff cuts today, and also promised a Web-based viewer for Second Life. While a Web-based viewer would be a significant benefit for companies interested in using virtual worlds for quick meetings and public conferences, a more sobering note is that the announcement of  “strategic restructuringRead More →

Press Release: ThinkBalm Publishes Enterprise Immersive Software Selection Guide Today, industry analyst firm ThinkBalm published “The Enterprise Immersive Software Decision-Making Guide.” This report is a use case-based guide designed to aid business decision makers in the enterprise immersive software selection process. The report covers nineteen vendors and presents “if/then” scenarios,Read More →

Second Life is being held back by an “elite group” of users, according to Forrester Research, Inc. analyst Tom Grant. There is an ” Iron Law of Oligarchy,” Grant wrote this week. “Over time, a subset of customers emerge who participate regularly in user group meetings, discussion forums, the commentsRead More →