The metaverse is all but dead, and its demise is a cautionary tale for Big Tech’s AI ambitions. In December, Mark Zuckerberg instructed Meta’s business divisions to cut expenditures by 10%, Fast ...

In 2021, Zuckerberg said Facebook was becoming a metaverse company. He's stopped saying that — but he's still putting money ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

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.

Shares of Meta Platforms rose up to 4% Thursday following reports the company was scaling back its spending on the metaverse project, a virtual reality experience the company once touted as the future ...

Meta Platforms (NASDAQ:META) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change. The move adds to a rough stretch that has the stock down 9% year-to-date ...

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 ...

Though still refocusing on its mobile app, Meta will now continue to support Horizon Worlds' existing VR games as well.

Stepping back from the money-losing metaverse is a smart long-term move. There is an argument that the company should also ...

Forbes contributors publish independent expert analyses and insights. Cortney is an expert in smartglasses, VR, AI, and the future of work. This voice experience is generated by AI. Learn more. This ...