After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual reality projects in a big way. Meta started cutting jobs this week in its ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails appeared first on Futurism.

So I was recently hanging out on a packed floor at a video game conference here in Los Angeles, when I entered this totally alternate reality. I'm surrounded by blackness but also huge company logos ...

See ya later, Metaverse.

DUBLIN--(BUSINESS WIRE)--The "Global Metaverse Market (2024 Edition): Analysis By Product (Hardware, Software and Services), By Platform, By End User Industry, By Region, By Country: Market Insights ...

The metaverse was sold as a place where anyone could get rich with enough creativity. A simple challenge quickly turned into ...