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What Mark Zuckerberg's metaverse U-turn means for the future of virtual reality
Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...
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 ...
If there's one thing that tech companies, retailers, content creators and investors can agree on, it's this: There's plenty of money to be made from the metaverse. But as CEOs try to elbow past their ...
The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
12don MSNOpinion
What was the metaverse?
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, ...
It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. It appears Meta may finally be ready to put the metaverse out of its misery.
Meta has released a new “ad” for its flagship virtual reality app, Horizon Worlds — and it’s so much worse than anyone could have predicted. The 44-second clip Meta shared on Instagram over the ...
Dec 4 (Reuters) - Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions. The Facebook ...
In October 2024, FINRA released its blueprint for the securities industry’s use of the metaverse — the metaverse report. The metaverse, often framed as “the next evolution of today’s internet,” is a ...
Meta said on Thursday it was releasing an artificial intelligence model called Meta Motivo,which could control the movements of a human-like digital agent with the potential to enhance the Metaverse ...
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