Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Translucia is a Thailand-led metaverse initiative launched by T&B Media Global. It’s framed as a full virtual world where people can interact, attend experiences, and take part in commerce. For brands ...

Seeking Alpha's roundup of statements, announcements, and remarks that could impact the technology sector. Meta (META) could slash funding for its metaverse division by as much as 30% for the coming ...

He joined The Verge in 2019 after nearly two years at Techmeme. Epic Games and Google are burying the hatchet, but documents ...

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 ...