Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...
Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions of dollars spent, it's quietly being shelved in favour of AI, writes Adam ...
Forbes contributors publish independent expert analyses and insights. Cortney is an expert in smartglasses, VR, AI, and the future of work. Just under three years later, Bloomberg is reporting that ...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...
In a recent interview with Meta’s current CTO Andrew Bosworth on his “Boz to the Future” podcast, Carmack said that although he’s still quite “bullish” on virtual reality itself, he thinks his ...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...
Remember all the hype around the metaverse in education? Just two years ago it seemed like a 3D virtual realm for education was imminent: Facebook had changed its name to Meta, to signal its giant bet ...
To begin, there’s no universally accepted definition for the term. Some think of it as an enhanced successor to the current version of the internet—a new frontier for online interaction blending the ...
A Meta executive says the Facebook owner is still investing "significantly" in the metaverse. Nicola Mendelsohn made the comments at the World Economic Forum in Davos on Tuesday. Meta's global ...
It’s either the next evolution of the internet or the latest corporate buzzword to get investors excited over some nebulous innovation that may not even come to pass over the next decade. Either way, ...