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 ...
Gabriel Aul, who led the Metaverse unit, retired earlier this year, replaced by former Epic Games exec Saxs Persson.
To hear tech CEOs like Mark Zuckerberg or Satya Nadella talk about it, the metaverse is the future of the internet. Or it's a video game. Or maybe it's a deeply uncomfortable, worse version of Zoom?
A few years ago, the metaverse was the next big thing. In case you missed the wave, the metaverse is a 3D virtual universe that blends physical and digital realities, allowing users to interact in ...
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 ...
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Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Thu, March 19, 2026 at 7:04 PM UTC 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 ...
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...
Meta is shutting down Horizon Worlds, the company's virtual reality social network, on June 15. The platform, originally designed for Quest VR headsets, will still be available on a mobile app. The ...
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 ...
Sejong University’s Graduate School of Virtual Convergence will showcase “Meta-Sejong,” a digital twin of its campus, at the ...
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