Sandbox (SAND) and Decentraland (MANA), once known as early metaverse leaders, were trading in the red as well. SAND was down ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...

Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

With roots in gaming and entertainment, the metaverse is gaining fresh attention as organizations in a variety of sectors explore its expansive possibilities. Offering virtual spaces where users can ...

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

PlayerUnknown's PUBG inspired Fortnite's battle royale experience, but he won't be similarly influenced by Epic's metaverse moves.

Apple has launched the new Creator Studio subscription bundle, Meta Shifts Reality Labs Focus, Cuts 1,000+ Jobs to Prioritize ...