Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...

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 ...

The metaverse is no place for kids, according to a group of more than 70 advocates for children's rights and online privacy. Those concerned are asking Facebook's parent company, Meta, to abandon its ...

All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Gizmodo may earn an affiliate commission. Reading time 4 minutes In ...

Facebook has rebranded itself as Meta, banking on the metaverse becoming a significant part of our lives. Not everyone is happy with the company... Facebook bets its future on the metaverse AUDIE ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. But ...

Even by Facebook’s standards, 2021 was a rough year. A series of damning reports based on leaks from a whistleblower raised uncomfortable questions about Facebook’s impact on society; the company ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

A couple of weeks ago, Facebook announced the launch of the open beta version of Horizon Workrooms, a tool that will facilitate collaboration between members of a work team. However, there are still ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More As this is the final piece of our “Building the Metaverse” series, I find ...

Although the metaverse has great potential to significantly expand the digital economy, it continues to raise legal issues pertaining to intellectual property (IP) rights, including trademark, patent, ...