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 ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions of dollars spent, it's quietly being shelved in favour of AI, writes Adam ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Gizmodo may earn an affiliate commission. Reading time 4 minutes In ...

This article was featured in One Great Story, New York’s reading recommendation newsletter. Sign up here to get it nightly. In September, my family and I move from our home in Dublin to a fancy East ...

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 ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More As this is the final piece of our “Building the Metaverse” series, I find ...

Although the metaverse has great potential to significantly expand the digital economy, it continues to raise legal issues pertaining to intellectual property (IP) rights, including trademark, patent, ...

What does Meta, the new name of Facebook signify? During the Facebook Connect 2021 event, on October 28, Mark Zuckerberg announced the corporate name change, noting that the idea for Meta arose from ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...