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RIP the metaverse: Remember when Facebook renamed itself Meta thinking it was the next big thing?
Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...
The metaverse is no place for kids, according to a group of more than 70 advocates for children's rights and online privacy. Those concerned are asking Facebook's parent company, Meta, to abandon its ...
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Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
In a recent interview with Meta’s current CTO Andrew Bosworth on his “Boz to the Future” podcast, Carmack said that although he’s still quite “bullish” on virtual reality itself, he thinks his ...
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 ...
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Meta lays off hundreds more workers as Mark Zuckerberg pivots away from costly ‘metaverse’ push
Meta is laying off several hundred employees across key divisions — including Facebook and its Reality Labs unit — as it ...
Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...
Forbes contributors publish independent expert analyses and insights. News and opinion about video games, television, movies and the internet. It is abundantly clear at this point that the last few ...
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