The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...
While Meta is now throwing billions at AI like all other companies in Silicon Valley, it has not yet abandoned its last great crusade, the idea that it would build an online metaverse, something it ...
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.
In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the ...
While the metaverse is often seen as a joke in 2025 because of low user counts and poor financial performance (take Meta's Reality Labs division and its continued losses, estimated by Statista at $70 ...
Remember the Metaverse? It seemed like a good idea at the time. It all started in 2021, when Facebook rebranded to Meta and pledged $10 billion to build technology that could make reality totally ...
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 ...
As an artist, I’ve always been fascinated by how technology is evolving and how it has changed art, how stage gave way to film and how film gave birth to digital art. But now, in 2024, we’re at the ...
Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...
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