Meta to Cut Staff in Metaverse Silicon Valley Unit
Meta, the parent company of Facebook, is gearing up for staff reductions within its Reality Labs division, a crucial driver of its metaverse initiatives. Employees received
Meta (Latest Publications)
Meta Expands its Metaverse Project “Horizon Worlds” to Mobile and Web
Meta announced on Thursday that it is expanding its “Horizon Worlds” metaverse ecosystem from virtual reality (VR) headsets to mobile devices and desktop web browsers.
Meta Remains Steadfast on Metaverse Despite Bleeding Billions of Dollars
Meta, formerly named Facebook, isn’t giving up on its metaverse dream despite Reality Labs, the metaverse-focused division within Meta, continuing to operate at a loss. Even after incurring billion
Meta Executive Says “Metaverse Hype is Dead” Despite Global Firms Ramping Up Virtual Presence
Vishal Shah, Meta’s VP of Metaverse, believes the “metaverse hype is dead,” suggesting global conglomerates including Disney, Microsoft, and other firms, are putting their metaverse ambitions
Meta Unit’s Q1 2023 Metaverse Fund Sees Nearly $4B Loss
Reality Labs, the metaverse-focused division within Meta, formerly known as Facebook, posted a net loss of nearly $4 billion in the first quarter of 2023. However,
Will the Metaverse ever be real? Here’s what you should know about its current status
The idea of the Metaverse, a truly immersive virtual world where individuals may connect and communicate with each other, has gained popularity in recent years in
Meta Removes NFTs from Facebook, Instagram
Meta, the company behind popular social media platforms like Facebook, Instagram and WhatsApp, has just announced it is “winding down” support for non-fungible tokens (NFTs) on
Microsoft is disbanding its Industrial Metaverse Team
Microsoft, the latest IT behemoth to go down on its metaverse plans, let go of its roughly 100-person industrial metaverse team. The team was focused on
Meta Wins the Court to Buy a Metaverse Startup; Expansion Speeds Up!
In a recent Bloomberg report, Meta won a court ruling to buy a virtual reality startup.
Zuckerberg Plans to Continue Efforts on Metaverse
As far as social media is concerned, Mark Zuckerberg is still looking to expand his company’s activities. These were the words he used after appearing in
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