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 ...

The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and Sanzaru in 2020. The company closed Echo VR developer Ready at Dawn, which it ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

[Asia Economy Reporter Yuri Kim] Shilla Duty Free is expanding its non-face-to-face beauty class sector through the establishment of a metaverse studio. On the 29th, Shilla Duty Free announced that it ...

Karta, an award-winning Metaverse studio ‘pioneering’ the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in ZEPETO, Asia’s ...

Diga Labs, an innovator in the gaming and blockchain space, announced a strategic partnership with E4C, a metaverse game world by Ambrus Studio, to revolutionize gaming communities by blending ...

Earlier this week, SM Entertainment (SM) announced the launch of a new metaverse subsidiary. The entertainment powerhouse is establishing Studio Kwangya, a company that will focus on producing ...

Myongji University (President Yoo Byung-jin) held the "Metaverse Studio Opening Ceremony and Demonstration" on the 27th at the Metaverse Studio on the 2nd floor of the Administration Building at the ...