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 ...

When Facebook changed its name to Meta, the entire tech sector looked towards what seemed to be the future of networks, communication, and commerce... until AI arrived. But the metaverse is still ...

Commercial activity no longer remains confined to physical marketplaces. Digital ecosystems driven by immersive technologies now host complex economic interacti ...

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 ...

Despite what pop culture and chronically online people might have told you, the metaverse was never going to be a “place.” Sure, some digital environments do and will exist, but even Meta has shifted ...