MetaMask’s Mastercard crypto card now works in 49 U.S. states, letting users spend crypto instantly, securely, and in ...

Meta announced a major update for its immersive virtual world, Horizon Worlds, on Thursday that will see it leave the metaverse behind. The tech giant said it’s shifting focus for Horizon Worlds to be ...

The appeal of digital real estate comes from its scarcity and creative potential. Just as cities have busy areas where people live and work, metaverse platforms have busy areas where people gather for ...

As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...

Per Ola Kristensson has previously consulted for Meta. He receives funding from EPSRC and Google. Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and ...

To many, the metaverse is a childish-looking virtual world where Mark Zuckerberg invites us to socialize as clumsy, lifeless avatars. Few accepted the invitation. Now that Meta is scaling back several ...

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 ...

Meta continues to trickle out the bad news for VR. Meta continues to trickle out the bad news for VR. is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent ...

Meta is laying off of 1,500 workers in its Reality Labs division as it moves its focus from the metaverse to smart glasses with AI. Even though it lost billions on VR, the success of its Ray-Ban ...

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 ...

While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...