Despite a burst of popularity during the COVID-19 pandemic, the AR/VR industry now seems adrift as companies try to decide ...

Roblox's bookings rise 63% in Q4 to $2.2 billion as user growth and monetization accelerated, hinting at a potential new phase of durable expansion.

Meta is pivoting its metaverse strategy, shifting its Horizon Worlds app from VR to mobile to challenge Roblox and Fortnite.

Meta, the tech giant formerly known as Facebook, is making a major shift in its virtual reality (VR) strategy. The company has announced that it will be "explicitly separating" its "Quest VR platform ...

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 ...

Meta is formally sectioning off Horizon Worlds, the closest thing it has to a metaverse, from its Quest VR platform, according to a new blog post from Samantha Ryan, Meta's VP of Content, Reality Labs ...

Meta’s latest developer update delivers a quiet but major shift in strategy: the company is moving its metaverse ambitions away from virtual reality and focusing almost entirely on mobile experiences.

Overview Gaming has evolved from pixelated arcade screens to immersive VR worlds, powered by AI, cloud technology, and global online connectivity.From classic c ...

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

Meta Platforms' (META) latest fourth-quarter earnings reignited investor enthusiasm for the social media stock as the results indicate the fiasco it created with unchecked spending on the metaverse is ...

It is easy to make predictions, and even easier to critique those that others made in the past. Case in point: Gartner predicted in 2022 that by 2026 (yes, that's this year), 25% of the population ...

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 ...