According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

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

There’s something unsettling about reading an old book and seeing today’s world staring back at you. Not just the general ...

G, Edge Computing, augmented reality, virtual reality, and NFTs to extend our physical world into the shared digital world. As well as all the changes that come with such an application. This could ...

While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...

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Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels. If ...

According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...

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 ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...