Meta knows it can’t fully abandon VR, even if the hype surrounding the metaverse and its Horizon Worlds virtual environment has withered to a shallow husk of its initial promise. Just two days after ...

Meta announced changes that effectively leave Mr. Zuckerberg’s vision of an immersive digital world based in virtual reality ...

The metaverse is dead. It died slowly, expensively, and in front of everyone and now Meta has made it official, announcing ...

The decision effectively ends the role of Horizon Worlds as a dedicated VR social destination, where users interacted via ...

In October 2021, Facebook CEO Mark Zuckerberg revealed that his social media empire was officially rebranding itself as “Meta” as part of a sweeping company-wide doubling down on virtual reality tech.

In a memo to employees earlier this week, Meta CEO Mark Zuckerberg shared a vision for a near-future in which “personal [AI] superintelligence for everyone” forms “the beginning of a new era for ...

Mark Zuckerberg and Meta are scaling back their metaverse ambitions after accumulating over $80 billion in losses ...

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 ...

In less than two days, Meta has changed its mind on the Metaverse. The company has confirmed that it will not be shutting ...

As globe-spanning megacorps go, Meta is making the rest of them look like amateurs. On Friday, a brief filed as part of an unprecedented lawsuit against four social media giants was made available to ...

Per Ola Kristensson has previously consulted for Meta. He receives funding from EPSRC and Google. Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and ...