Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.
Is AI hype? No. It’s the industrial revolution, just digitized. And it’s here now. The key inhibitor isn’t the technology. It ...
It appears Meta's Horizon Worlds may literally and figuratively not have legs after all.
Meta stock inches up on reports Mark Zuckerberg will soon announce steep cuts to metaverse spending. Jim Cramer recommends ...
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
In a bold move to revolutionise the way South Africans buy cars, Lazarus Motor Company has announced that it has opened the first fully immersive virtual car dealership in the UBU metaverse, a ...
Meta’s long, expensive detour into virtual worlds is finally giving way to something more grounded: making money from ...
Lazarus Motor Company has unveiled an immersive virtual car dealership, created in UBU, a virtual world in Africa. It claims ...
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...
In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...
Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years ...