Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...

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 ...

X METAVERSE PRO already has 500,000 registered users worldwide, and its extensive user base and industry experience make it a trusted platform. The social trading and knowledge-sharing community ...

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.

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Remember the metaverse? It was just a couple of years ago when it seemed as if every technology, media and entertainment company was scrambling to adapt to a future in which regular people would live ...

In a stark contrast to its promise to deliver on the metaverse that led it to change its name at the end of 2021, Facebook and Instagram's parent company Meta has announced an unsurprising shift in ...

The metaverse has entered its flop era as tech companies switch their focus to artificial intelligence. That’s forced venture capitalist Matthew Ball to course correct too, by slapping a new title on ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...