As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models. The ...

The hype around the metaverse has simmered down in recent weeks, along with the broader crypto market. But while this speculative sector remains out of favor, for now, the long-term growth story is ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Given the recent prevalence of metaverse chatter, you’d think the new online space has a long, healthy road ahead. According to one analyst, this might not be the case. Matthew Ball, chief analyst at ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

This year was a sizzling one for crypto and blockchain projects, with the growth of the DeFi world and lots of innovations in the NFT and play-to-earn games fields. A... This year was a sizzling one ...

DappRadar analyst Sara Gherghelas said the metaverse may not be dead after NFT sales linked to virtual worlds recorded their second consecutive month of heightened activity. Metaverse-related ...

Meta Platforms Inc. CEO Mark Zuckerberg is expected to cut back on spending for the metaverse, the virtual world project he once called the future of the company and the reason for renaming Facebook ...