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 ...

Diga Labs, an innovator in the gaming and blockchain space, announced a strategic partnership with E4C, a metaverse game world by Ambrus Studio, to revolutionize gaming communities by blending ...

Meta is working to reboot its lagging Horizon Worlds platform through a new in-house VR game studio, in a bid to help the platform recoup major losses and revive waning interest in its metaverse among ...

Meta has already lost over billions over its plan to dominate the metaverse and while its Horizon World's might not have been able to pick up, the company is planning a complete overhaul with a new in ...

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 ...

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...