The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

NEW YORK--(BUSINESS WIRE)--Utherverse, an immersive, interoperable and synchronous virtual universe platform designed to change how people interact, work and play, today launched a $1.235 million ...

Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

Meta announced it’s discontinuing Horizon Workrooms next month, its productivity-focused VR platform, marking another step in ...

Meta CEO Mark Zuckerberg promises a unified metaverse, a seamless expanse of online 3D realms that work together regardless of what company built them. But if current tech industry trends are any ...

Meta confirms Horizon Workrooms will shut down in February 2026 as the company shifts focus away from metaverse workplace VR.

HAMBURG, Germany--(BUSINESS WIRE)--Bizzlogic, a software company that provides data visualization, virtual reality, augmented reality, and metaverse platform development, today announced the full ...

South Korea is known for its outsized technology and cultural exports, from smartphones and other consumer electronics, to the global phenomenon of K-Pop. Now, the country is working to add metaverse ...

In a move that the Dubai-based metaverse project says will usher in a new era of metaverse accessibility, Everdome has launched the Spaces metaverse-as-a-service (MaaS) product line with the aim of ...