Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

Forbes contributors publish independent expert analyses and insights. I write about contemporary cybersecurity and online privacy issues. May 22, 2024, 03:17am EDT Man wearing VR glasses virtual ...

SHORT ANSWER: The metaverse is a new frontier full of opportunity. To capitalize on the growth potential, investors can purchase stocks and ETFs of companies involved in the metaverse or purchase ...

The proposed changes are part of Meta’s annual budget planning for 2026, and the company plans to shift spending from the ...

As an artist, I’ve always been fascinated by how technology is evolving and how it has changed art, how stage gave way to film and how film gave birth to digital art. But now, in 2024, we’re at the ...

Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years ...

Editor's note: Viewing this story in our app? Click here for a better experience on our website. In 1998, North Carolina’s Epic Games achieved its first big hit with Unreal, a first-person shooter ...

Sources told Bloomberg that Meta could slash the metaverse unit’s budget by up to 30% next year. According to the Times, the ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.