In Fall of 2021, Mark Zuckerberg announced that Facebook would be changing its name to Meta and would pour time, resources and capital in developing its new virtual reality platform. Meta is not alone ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

On the battlefield of the metaverse, Mickey Mouse and Clippy are the latest fallen warriors. Between mass industry job cuts and a trance-like shift toward generative AI, it’s a strange time for the ...

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 ...

Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head count by around 7,000 across the company over the next two months, reports The Wall Street ...

If you’ve been busy dancing on the grave of Meta’s failed metaverse, I’m going to have to ask you to pause for a moment. In fact, you may just want to sit down and rest your non-virtual legs, because ...

Victoria's Secret is the latest retailer to join the metaverse. A series of trademark applications this month show it plans to sell virtual goods and run virtual fashion shows. Victoria's Secret axed ...