The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

A new report from the Metaverse Standards Forum (MSF) declares the technology initiative is alive and well, despite skyrocketing attention paid to artificial intelligence. "The term 'metaverse' has ...

Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...

The global metaverse market is predicted to exceed $3 trillion by 2032. That’s a surprising valuation considering current scepticism, a stagnating user base, and claims that the metaverse is dead.

Whether it is best referred to as the ‘Metaverse’ or ‘Web3’, the next transformation of the Internet will offer “a world of limitless possibilities,” Shurick Agapitov, CEO of Xsolla, a $3 billion ...

The metaverse has dominated conversations in technology and education in recent years, yet many people still struggle to ...