The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its metaverse ambitions while steering money and talent into artificial ...

The post After Layoffs, Meta Shuts Down Workrooms & Rethinks Metaverse appeared first on Android Headlines.

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...

View post: Amazon’s Bestselling Snow Cleats With 'Solid Grip' Are On Sale for as Little as $15 Right Now Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

Remember the Metaverse? It seemed like a good idea at the time. It all started in 2021, when Facebook rebranded to Meta and pledged $10 billion to build technology that could make reality totally ...

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 ...

Meta spokesperson Tracy Clayton confirmed that the company will be cutting more than 1,000 employees, or roughly 10% of its workforce, at its Reality Labs division, which develops mixed reality (XR) ...

Crypto casinos are entering a new phase of development. What began as simple, mobile-first platforms offering slots and table games is now evolving into more immersive environments that blend gaming, ...