Qualcomm Stock Gains After Jensen Huang Endorsement 
US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes 
European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip 
Asics Considers Onitsuka Tiger Spinoff as Luxury Sneaker Brand Expands Globally 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
GSK Reportedly Nears $9 Billion Acquisition of Cancer Drug Developer Nuvalent 
Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop 
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic 
Intesa Sanpaolo Launches €30.6 Billion Bid for Monte dei Paschi to Drive Italian Banking Consolidation 
Trump Signals Possible U.S.-Iran Peace Deal as Hormuz Reopening Nears 
Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico 
US Appeals Court Keeps Trump’s 10% Global Tariff in Effect During Ongoing Legal Battle 
New Zealand Manufacturing Slips Back Into Contraction in May 
Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026 
Alibaba Offers $1.5 Billion to Acquire Grocery Delivery Platform Pupu 
Japan Core Inflation Seen Steady in May Ahead of BOJ Rate Hike 
Honda Leadership Crisis Deepens as Retired Executives Challenge CEO Toshihiro Mibe’s Strategy 
Firefox’s Mozilla internet browser announced its acquisition of Active Replica, a company centered on building VR-based virtual event and collaboration technologies. This is a strategic deal for the company to achieve its goal for the metaverse business.
Moreover, Mozilla’s deal with Active Replica is also part of its Hubs creator ecosystem that is offering services to improve digital experiences. This acquisition has officially pushed the web developer into the metaverse development ground and the Web3, as per CoinTelegraph.
The company revealed the deal last week, and Active Replica, an immersive experience developer, will now be joining Mozilla’s Hubs creator team. It will be on the platform to provide support for the creation of virtual events or metaverse activities.
Mozilla further stated that the addition of Active Replica to its portfolio is an important event because it will be of great use in accelerating in-demand work as well as onboarding improvements, personalized subscription tiers, and the introduction of new features to the Hubs engines.
The Firefox browser is not the only side that will benefit from the deal, but it is also advantageous for Active Republica since they can provide what each other needs and share expertise in their respective fields, which can be applied when developing and operating their businesses.
Active Replica said it would continue to work with its other existing partners, but the acquisition of the company by Mozilla will help it further widen its long-term goals. Meanwhile, Mozilla’s plans to build out its metaverse space come as the virtual world continues to make waves and draw attention from big companies.
“Today is an extremely exciting day for Active Replica as we officially join Mozilla! Active Replica has spent nearly three years helping communities stay connected and grow even closer together,” Jacob Ervin, Active Replica’s co-founder and chief executive officer, Jacob Ervin, and Valerian Denis, co-founder and chief operating officer, jointly said in a statement. “Our mission was simple: use virtual worlds to facilitate joyful gatherings.”
