Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

Meta is shifting gears as a bold business venture faces significant challenges.

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, ...

Alibaba led a $60 million investment round into augmented reality glasses maker Nreal, the start-up said on Wednesday, as Chinese technology giants look for ways to get in on the metaverse theme.

It wasn’t all that long ago when “the Metaverse” was being pushed hard in certain corners of the Big Tech universe. What was it? It wasn’t always clear — something about a virtual but realistic place ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

Things are moving fast in the metaverse – and in the wider world of web3 as a whole. Depending on who you ask, this futuristic, blockchain-based space is either the next big thing for marketing (and ...