The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

When Disney shut down its metaverse division on March 28, 2023, the end of the 50-person division was interpreted as doom for the metaverse, the over-hyped universe of virtual worlds that are all ...

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Epic has ramped up its plans to establish Fortnite as a metaverse with the launch of Lego Fortnite – the debut product of a long-term partnership with Lego, and the first of three key release within ...

Disney cut its metaverse division less than a year ago, but now it looks like it’s teaming up with Epic Games to build one. The Walt Disney Company is acquiring a $1.5 billion equity stake in Epic ...

Pentagon Games, a pioneering zkEVM Web3 AI-based game publisher, is on a mission to transform the gaming industry by leveraging advanced technologies such as Augmented Reality, Virtual Reality, and ...

“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. Epic Games, the company behind Fortnite, has slashed 16% of its workforce — ...

Epic Games has been "growing Fortnite as a metaverse-inspired ecosystem for creators," according to Sweeney. The game's growth is now primarily driven by creator content, meaning lower revenue for ...

Explore why metaverse land boomed back in 2021 and then crashed in 2022, from hype and weak tech to low users and falling NFT ...

Editor's note: Viewing this story in our app? Click here for a better experience on our website. In 1998, North Carolina’s Epic Games achieved its first big hit with Unreal, a first-person shooter ...

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...