Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind ...
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
Meta has confirmed layoffs in its Reality Labs division, cutting around 1,000 jobs as it shifts focus towards wearable ...
Meta plans to cut around 10% of employees within the division who are working specifically on metaverse-focused products, including virtual-reality headsets and the company's Horizon Worlds social ...
Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
Remember the metaverse? The virtual reality world from which Mark Zuckerberg's Meta gets its name may not be the trendy tech term it was a couple of years ago, but the company now wants workers ...
On Meta's third-quarter earnings call, "compute," "capacity," and "novel" were the words of the night. "Metaverse," a peak priority a few years back, was not mentioned once. Among the company's social ...
The global metaverse market size was US$ 62.6 billion in 2021. The global metaverse market is forecast to grow to US$ 848.8 billion by 2030 by registering a compound annual growth rate (CAGR) of 39.1% ...
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 ...