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Why Zuckerberg is finally ditching the $70B metaverse
Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...
When you think of the metaverse, you may picture a person playing a video game while wearing a bulky headset that covers most of their face. It’s not surprising that digital gaming is one of the early ...
Two years ago Facebook announced that it's rebranding to Meta to "focus on the metaverse and help people connect, find communities and grow businesses". Many companies are working on VR and AR social ...
Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.
While many talk about the metaverse and build businesses around it, there has yet to be a standard agreement on what constitutes it. The popular view of the metaverse is a virtual reality and ...
Forbes contributors publish independent expert analyses and insights. A former tech executive covering AI, XR and The Metaverse for Forbes. With Crypto back in the news, interest in the Metaverse, ...
Mark Zuckerberg spent years trying to make the Metaverse happen, but now it has been replaced by AI and is headed to the tech industry idea graveyard.
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...
Mark Zuckerberg isn’t the only person who’s lost a lot of money on the metaverse. On Thursday, three additional public figures made the mistake of betting their cash on the concept. All of the ...
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4 years after going all-in, Meta Platforms is finally ditching the metaverse
Quick Read Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring ...
The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. But ...
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