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 ...

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

The budget cuts aren’t yet finalized, but they could impact the team that works on Meta’s Quest headsets and Horizon Worlds, Bloomberg reports. The budget cuts aren’t yet finalized, but they could ...

Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

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 ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

Forbes contributors publish independent expert analyses and insights. Cortney is an expert in smartglasses, VR, AI, and the future of work. Just under three years later, Bloomberg is reporting that ...

The Metaverse, Mark Zuckerberg’s vision that took shape in 2021, does not seem to be delivering as desired, as Meta, the parent company of Facebook, is planning to make meaningful cuts in resources ...

The industrial metaverse is more than a futuristic concept—it’s already transforming how businesses design, operate and scale physical systems in virtual environments. By blending digital twins, AI ...

Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...