Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.

Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

Do you remember what the internet of the past looked like? Static webpages that took an age to load, blurry JPG images and lots of garishly colored text and backgrounds, those were the days! Well, the ...

Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

Forbes contributors publish independent expert analyses and insights. I write about contemporary cybersecurity and online privacy issues. May 22, 2024, 03:17am EDT Man wearing VR glasses virtual ...

Remember the metaverse? It was just a couple of years ago when it seemed as if every technology, media and entertainment company was scrambling to adapt to a future in which regular people would live ...

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.

The race to build the metaverse – a vast digital realm where virtual and physical worlds merge – is already becoming a global power struggle. According to new research from the University of Amsterdam ...

Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

PlayerUnknown's PUBG inspired Fortnite's battle royale experience, but he won't be similarly influenced by Epic's metaverse ...