Commentary: Meta's pushing its metaverse platform almost entirely to phones. It's the latest sign of a massive shift in the ...
Adams County’s public library system, Anythink Libraries, is celebrating the one-year anniversary of Anythink World, the world’s first virtual library metaverse, an innovative digital branch that ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...
When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...
Meta announced it’s discontinuing Horizon Workrooms next month, its productivity-focused VR platform, marking another step in the company’s ongoing restructuring of its VR and metaverse strategy.
View post: Jim Morrison Waited a Month to Climb One of the World’s Tallest Vertical Cliffs—Then Skied 20,000 Feet Down Its Untouched Face Jim Morrison Waited a Month to Climb One of the World’s ...
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI ...
The Meta Quest 3 VR goggles and controllers are shown sitting on a wooden tabletop with blue walls and a white door in the background. (Engadget) The news isn’t too surprising. Reality Labs has lost ...
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Why Meta’s metaverse bet is going so wrong
Meta didn’t fail overnight — it bled slowly. As competition from TikTok surged and ad revenue weakened, Zuckerberg doubled down on an unproven future. Reality Labs burned more money in a year than ...
According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...
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