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 ...

Before generative AI shook everything up, the metaverse was the next big thing. Now, it's "AI and the metaverse." For those with short attention spans, a social media company named Facebook changed ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Xsolla founder Shurick Agapitov unveiled his vision for the metaverse in ...

Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its name to signal it was going all-in on virtual and augmented reality. The ...

Despite the name change and metaverse hyperbole, Facebook has always been at the center of the Meta suite of software for users engaging with its wider ecosystem. While that may continue to be the ...

When Disney shut down its metaverse division on March 28, 2023, the end of the 50-person division was interpreted as doom for the metaverse, the over-hyped universe of virtual worlds that are all ...

The successor to the internet might be rooted in the gaming industry. The term “Metaverse” was coined by science fiction writer Neal Stephenson in his 1992 novel “Snow Crash.” In “Snow Crash,” the ...

The Facebook platform alone (never mind WhatsApp and Instagram users) sports a global audience of 1.9 billion people monthly, according to the company’s own figures — not bad at all for a project that ...

LONDON (AP) — Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise ...

Remember the metaverse? No? Well, you’re not alone. It seems but a faint memory now, but before AI mania swept Silicon Valley, the concept that everyone would soon be strapping on headsets and logging ...