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 ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

The post Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss appeared first on Android Headlines.

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

The post After Layoffs, Meta Shuts Down Workrooms & Rethinks Metaverse appeared first on Android Headlines.

View post: Amazon’s Bestselling Snow Cleats With 'Solid Grip' Are On Sale for as Little as $15 Right Now Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

Crypto casinos are entering a new phase of development. What began as simple, mobile-first platforms offering slots and table games is now evolving into more immersive environments that blend gaming, ...

Meta, which is to say Facebook, laid off 1,500 or so employees from its Reality Labs division. A vast pool of talent wasted on Mark Zuckerberg's bet on virtual reality, it draws down a project that ...

According to McKinsey & Company, the metaverse is the emerging 3-D-enabled digital space that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to allow ...