Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
While the metaverse is often seen as a joke in 2025 because of low user counts and poor financial performance (take Meta's Reality Labs division and its continued losses, estimated by Statista at $70 ...
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 ...
Eric Pulier, the CEO of Vatom, is the creator of the first smart NFT and the founder of over 15 companies. Pulier has raised over $1 billion for companies he has founded or co-founded. He has achieved ...
The global metaverse market is predicted to exceed $3 trillion by 2032. That’s a surprising valuation considering current scepticism, a stagnating user base, and claims that the metaverse is dead.
South Korea is known for its outsized technology and cultural exports, from smartphones and other consumer electronics, to the global phenomenon of K-Pop. Now, the country is working to add metaverse ...
One of the biggest challenges of the metaverse is the lack of unified technical standards. Interoperability requires common protocols and standards that allow different virtual environments and ...
Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...