Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only experience as it retreats from the aggressive metaverse push it championed just ...

Meta announced that it will shut down its most famous version of the “metaverse” – and then reversed the decision. The ongoing fate of ‘Horizon Worlds’ reflects a broader question over the future of ...

Meta ‘s metaverse ambitions are hitting a crossroads. In a move that marks a dramatic shift in strategy, the tech giant is shutting down the VR version of Horizon Worldson Quest. Once hailed as the ...

The social media giant is now building a metaverse that is no longer in virtual reality. So is it a metaverse at all? Reading time 2 minutes After two years, Meta has opened its Horizon Worlds ...

Gabriel Aul, who led the Metaverse unit, retired earlier this year, replaced by former Epic Games exec Saxs Persson.

CTO Andrew Bosworth said about 20% of the company's overall costs and expenses would be spent on the Reality Labs segment of its business next year. Reading time 3 minutes Much has changed since Mark ...

Meta now has an in-house studio dubbed Ouro Interactive that's focused on making first-party VR games for Horizon Worlds. Horizon Worlds has struggled to become a major hit for consumers. Since the ...

Meta has already lost over billions over its plan to dominate the metaverse and while its Horizon World's might not have been able to pick up, the company is planning a complete overhaul with a new in ...

Meta is revamping its Horizon Worlds metaverse platform with a new in-house VR game studio called Ouro Interactive. The struggling platform reported losses of $3.7 billion in the second quarter of ...