Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...

However, the Metaverse is likely to be the next big wave in digital. Why? It encompasses and enables some of the working changes that are emerging post-pandemic, including hybrid working.

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

The internet was not happy about the legs. Earlier this month, the company formerly known as Facebook unveiled its new virtual reality headset, the Meta Quest Pro. The $1,500 headset offered many new ...

The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. But ...

A disastrous Q3 earnings report has left many wondering whether Meta's big gamble on the metaverse will ever actually pay off. Reading time 11 minutes Well, Meta sure is in a bit of a mess. The ...

Exploring the metaverse: What is it? Your email has been sent In a recent TechRepublic podcast, Clarence Reynolds spoke to Jana Arbanas, U.S. telecom, media and entertainment sector leader at Deloitte ...

Even by Facebook’s standards, 2021 was a rough year. A series of damning reports based on leaks from a whistleblower raised uncomfortable questions about Facebook’s impact on society; the company ...

Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its name to signal it was going all-in on virtual and augmented reality. The ...

Although the metaverse has great potential to significantly expand the digital economy, it continues to raise legal issues pertaining to intellectual property (IP) rights, including trademark, patent, ...