Facebook and Quest company Meta is currently getting raked over the coals by investors, due to yet another quarter of massive losses in its VR and metaverse division. The company's quarterly earnings ...

In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...

Facebook warned that its Reality Labs metaverse business will lose even more money in 2023. This year, the company is on track to burn through more than $10 billion on this endeavor. Shares of the ...

The term "metaverse" has been around for decades but has recently gained significantly more attention as tech companies like Facebook, Microsoft and Roblox have invested in shared virtual spaces where ...

To begin, there’s no universally accepted definition for the term. Some think of it as an enhanced successor to the current version of the internet—a new frontier for online interaction blending the ...

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 ...

The internet was not happy about the legs. Earlier this month, the company formerly known as Facebook unveiled its new virtual reality headset, the Meta Quest Pro. The $1,500 headset offered many new ...

The metaverse – a virtual space in which users interact with others in a computer-generated environment – has been a hot topic since Facebook changed its name to Meta back in 2021. This signaled its ...

This article originally appeared on Business Insider. The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died ...

In a few weeks’ time, Mark Zuckerberg will announce a new virtual reality headset from Meta Platforms Inc. Embarrassingly, we already know what it will look like. A video of the purported device has ...

Mark Zuckerberg is going all in on the metaverse, but he should re-focus on other things. The Meta CEO should prioritize growing engagement and revenue on the company's core apps. Meta reports Q3 ...