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 Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 ...

Sandbox (SAND) and Decentraland (MANA), once known as early metaverse leaders, were trading in the red as well. SAND was down ...

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

Our weekly roundup of news from Asia curates the industry’s most important developments. Can the metaverse solve Japan’s “hikikomori” problem? Research and consulting firm Yuri Group estimates that ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

You’ve been reading about the metaverse, and you aren’t sure what to do about it yet. Is it too early? Is it already too late? What level of investment is needed? Where will you find expertise?