Mark Zuckerberg scales back Meta's metaverse ambitions after £57 billion ($70 billion) investment falls flat, cutting ...
How dormant virtual land is finally being activated through utility, RWA-backed incentives, and gaming-driven economics. For ...
Almost five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division ...
Meta's metaverse was doomed from the very start. Is Mark Zuckerberg now putting virtual worlds out of their misery?
Citing people familiar with the discussions, Bloomberg reported on Dec. 4 that the budget cut can be up to 30%. Executives at the tech giant are reviewing plans that could reduce Reality Labs’ 2026 ...
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...
In Brief The Decentraland Music Festival is set to inaugurate its 2025 edition tomorrow, enticing global attendees with a ...
Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...
Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?
Discover top metaverse investment trends for 2025. Learn about virtual real estate, AI-driven avatars, and enterprise ...