Morning Overview on MSN

Meta fires metaverse staff after burning through $73B

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...
Video Games Chronicle

Meta has closed several studios, including ‘Splosion Man studio Twisted Pixel and Asgard Wrath’s Sanzaru Games

Meta has closed several of its VR studios, according to developers who have announced they have been laid off. The New York ...
NewsBytes

Meta pulls the plug on its metaverse for work

Meta has announced the discontinuation of its work-oriented metaverse, Horizon Workrooms, effective from February 16, 2026.
VentureBeat

BBC Studios and Reality+ will take Doctor Who to The Sandbox metaverse

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Doctor Who is setting up shop in the metaverse. BBC Studios has ...
CoinTelegraph

Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as it looks to bolster its Otherside metaverse. Yuga tweeted the news on July 31, ...

Meta is closing down three VR studios as part of its metaverse cuts

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...
VentureBeat

Ready Player One author and Futureverse team up for Readyverse Studios metaverse

Futureverse, a well-financed AI and metaverse company, has formed Readyverse Studios in partnership with Ready Player One author Ernest Cline. Readyverse Studios’ founders told GamesBeat they ...