Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the ...

The shutdown of Horizon Worlds is the clearest signal yet that the metaverse pivot has been quietly unwound as AI takes ...

Mark Zuckerberg and Meta are scaling back their metaverse ambitions after accumulating over $80 billion in losses ...

Meta has decided to discontinue support for its metaverse, a 3D virtual space, app 'Horizon Worlds'. This marks Meta's ...

The OASIS Consortium, a think tank that brings together execs of metaverse platforms, published some of the first ...

Facebook parent Meta (FB) is banking on the metaverse to save it from plateauing user numbers and competition from the likes of TikTok. But the social media giant blew its first real chance at giving ...

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 ...

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 ...

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 ...

In 2021, Facebook made "metaverse" the buzziest word on the web, rebranding itself as Meta and announcing a plan to build "a set of interconnected digital spaces that lets you do things you can't do ...