What failed as consumer hype is reemerging as infrastructure for AI agents, autonomous transactions, and machine-to-machine ...
Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
Although the gaming and ecommerce sectors have seen the most significant adoption of the metaverse technology in recent years, its use in other markets like digital marketing will explode in the ...
Industry experts have projected that the metaverse may generate as much as $5 trillion in value by 2030. However, innovation involves risk, and it is inevitable that some of the players that are ...
Meta Platforms (META) is reworking its long term story by cutting back on metaverse projects, redirecting capital into AI ...
Since coming to prominence in 2021, metaverse has become a key component of introducing Web3 and crypto to the masses. While the concept of experiencing the same connected virtual world predates the ...
According to McKinsey & Company, the metaverse is the emerging 3-D-enabled digital space that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to allow ...
Morning Overview on MSN
Meta starts cutting jobs as it dumps metaverse dreams for AI gadgets
Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...
Forbes contributors publish independent expert analyses and insights. Peter Bendor-Samuel is founder & executive chairman of Everest Group. The industrial metaverse is not a distant future but an ...
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