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 ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...

Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

LOS ANGELES--(BUSINESS WIRE)--Xsolla, a global commerce company helping developers launch, grow and monetize their games, announces today the latest evolution of its Metasite™ platform, designed to ...

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 ...

Meta is shifting gears as a bold business venture faces significant challenges.

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 ...

“Fortnite” developer Epic Games announced Thursday that it’s partnering with Lego to build a metaverse for kids. The two entertainment heavy-hitters say they’ll create an immersive digital experience ...

Facebook founder Mark Zuckerberg is such a big believer in the idea of the metaverse that he changed the name of his company to Meta. However, a leaked internal memo suggests that few of the ...