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 accelerating its pivot away from virtual reality, just over four years after changing its name.
After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...
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 ...
Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.
Meta CEO Mark Zuckerberg apparently lost a flabbergasting $14 billion — yes, that’s a”billion” with a “b” — dollars last year on his metaverse moonshot. Comparatively, the Reality Labs division only ...
The metaverse is no place for kids, according to a group of more than 70 advocates for children's rights and online privacy. Those concerned are asking Facebook's parent company, Meta, to abandon its ...
“Metaverse” is one of the most confused, least understood concepts being thrown around today. So, it’s only fitting that the latest earnings report from the Meta Platforms (NASDAQ:FB) formerly known ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
Mark Zuckerberg and Facebook have subtly relegated the Metaverse to the strategic back seat. The company has exhibited a welcome emphasis on cost discipline and a bloated headcount. Several valuation ...