Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Thailand Inflation Remains Negative for 10th Straight Month in January 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
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.”
