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 ...

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

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 ...

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 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.

Meta has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.

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 ...

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?

When Mark Zuckerberg announced ambitious plans to build the "metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new ...