According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

University of Washington professor Pedro Domingos criticized Meta CEO Mark Zuckerberg's timing for key technologies. Domingos ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

A new report from the Metaverse Standards Forum (MSF) declares the technology initiative is alive and well, despite skyrocketing attention paid to artificial intelligence. "The term 'metaverse' has ...

Once hailed as the next frontier of human interaction, the metaverse seemed to lose steam after its initial burst of excitement. Vague promises, unclear financial benefits and costly hardware hampered ...

The metaverse concept has faced a lot of skepticism, but industrial firms appear keen to deploy technologies, such as digital twins and virtual reality devices, that serve as the precursors to more ...

Metaverse technologies like virtual reality (VR) and augmented reality (AR) are poised for significant development for educational use in the next few years, according to a recent report that found ...

Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...

PepsiCo is digitally transforming select US manufacturing and warehouse facilities with the help of Digital Twin Composer, ...

Whether it is best referred to as the ‘Metaverse’ or ‘Web3’, the next transformation of the Internet will offer “a world of limitless possibilities,” Shurick Agapitov, CEO of Xsolla, a $3 billion ...

The metaverse—an immersive, persistent, and networked virtual environment first conceptualized in Neal Stephenson's Snow Crash (1992)—integrates Virtual Reality (VR), Augmented Reality (AR), and ...