Millions of daily active users still play Roblox, an app that's over a decade old ...

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 ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...

The Meta Quest 3 VR goggles and controllers are shown sitting on a wooden tabletop with blue walls and a white door in the background. (Engadget) The news isn’t too surprising. Reality Labs has lost ...

After reports of budget cuts, the Reality Labs team is now facing job cuts, too. After reports of budget cuts, the Reality Labs team is now facing job cuts, too. is a news writer covering all things ...

Meta has announced that it is discontinuing the metaverse for work on February 16th, 2026. This is a virtual space for workers to collaborate and connect. The company clarifies that any data ...

The metaverse — a virtual world where people can work, play and exercise — has been a particularly costly endeavour Affected employees will be notified of the layoffs starting Tuesday morning, ...

Meta Platforms META-0.96%decrease; red down pointing triangle has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses its virtual and augmented ...

At least 1,000 jobs were cut as Meta pivots its attention away from the metaverse. At least 1,000 jobs were cut as Meta pivots its attention away from the metaverse. is a news writer covering all ...