Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.
Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part ...
"Smart move, just late." The post Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta” appeared ...
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...
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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 ...
How dormant virtual land is finally being activated through utility, RWA-backed incentives, and gaming-driven economics. For ...
CARY – Tim Sweeney, the billionaire owner of Cary-based Epic Games and a widely acknowledged visionary of interactive, realistic technology, is coming to the defense of the virtual world known as the ...
Global Mofy AI announced the official launch of its short drama brand, “Mofy Clip.” As part of this initiative, the Company recently participated as a co-producer with China Literature, a pioneer in ...
Meta faces near-term challenges as it grapples with Apple’s iOS update and TikTok competition. Its plans to expand its metaverse, short video, and social commerce businesses will also throttle its ...
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