The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...
Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
The metaverse has captured the attention of tech developers, marketers, and users alike. Envisioned as the digital world of the future, it promises a space where individuals can operate, communicate, ...
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...
The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
The global metaverse market is predicted to exceed $3 trillion by 2032. That’s a surprising valuation considering current scepticism, a stagnating user base, and claims that the metaverse is dead.
The initial metaverse hype may have come and gone, but the potential of the virtual space remains. A project called Bluemoon is forging a new path: taking a cross-platform, user-first approach to ...
The metaverse has entered its flop era as tech companies switch their focus to artificial intelligence. That’s forced venture capitalist Matthew Ball to course correct too, by slapping a new title on ...
From Jorge Luis Borges to George Orwell and Margaret Atwood, novelists have foreseen some of the major developments of our age. What can we learn from their prophecies?
With virtual reality and augmented reality technologies reaching unprecedented heights, the metaverse emerges as a tantalizing frontier for fashion innovation. In this dynamic space, the traditional ...
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