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 Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
The future of Meta's virtual reality ambitions now rests largely with consumers. The immersive virtual worlds that prompted ...
There are various schools of thought on the metaverse. Maximalists argue that it can be everything—that we can effectively work, play, exercise, shop and network in VR, coming up for air once in a ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end. Meta, which rebranded itself around a ...
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.
Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
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 ...