The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

The metaverse has captured the attention of tech developers, marketers, and users alike. Envisioned as the digital world of the future, it promises a space where individuals can operate, communicate, ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

Alphabet Inc. (NASDAQ:GOOG) has undertaken many acquisitions to enhance its involvement in Metaverse technologies, including the acquisition of Raxium to gain access to AR/VR hardware solutions.

It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market. Magic Leap recently announced “a multi-faceted, strategic ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Facebook parent Meta has been having trouble getting users on to its ...

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The explosive rise of generative AI has led to a reimagining of the fledgling metaverse industry, which has seen renewed interest with Meta's prototype Orion glasses, launched at the Meta Connect ...