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

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind ...

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 ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

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

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 ...

Last year, artificial intelligence and metaverse-related stocks outperformed the broad technology sector by double digits. The Application Software and Interactive Media sub-industries were the main ...

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—an immersive, persistent, and networked virtual environment first conceptualized in Neal Stephenson's Snow Crash (1992)—integrates Virtual Reality (VR), Augmented Reality (AR), and ...