The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market. Magic Leap recently announced “a multi-faceted, strategic ...

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Facebook parent Meta has been having trouble getting users on to its ...

It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.

The explosive rise of generative AI has led to a reimagining of the fledgling metaverse industry, which has seen renewed interest with Meta's prototype Orion glasses, launched at the Meta Connect ...

Are you a print subscriber? Activate your account. By Gillian Follett - 25 min 24 sec ago By Ad Age Staff - 1 hour 29 min ago By Tim Nudd - 2 hours 15 min ago By Gillian Follett - 4 hours 24 min ago 5 ...

One of the biggest challenges of the metaverse is the lack of unified technical standards. Interoperability requires common protocols and standards that allow different virtual environments and ...