Meta knows it can’t fully abandon VR, even if the hype surrounding the metaverse and its Horizon Worlds virtual environment has withered to a shallow husk of its initial promise. Just two days after ...

The metaverse is dead. It died slowly, expensively, and in front of everyone and now Meta has made it official, announcing ...

The decision effectively ends the role of Horizon Worlds as a dedicated VR social destination, where users interacted via ...

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 ...

Meta scales back Horizon Worlds in VR after years of losses, as an ex-employee flags product misalignment and internal execution issues behind the metaverse slowdown.

Meta is scaling back its plans for a metaverse. The Mark Zuckerberg-led firm has announced that the company will be shutting ...

Mark Zuckerberg and Meta are scaling back their metaverse ambitions after accumulating over $80 billion in losses ...

Translucia is a Thailand-led metaverse initiative launched by T&B Media Global. It’s framed as a full virtual world where people can interact, attend experiences, and take part in commerce. For brands ...

In October 2024, FINRA released its blueprint for the securities industry’s use of the metaverse — the metaverse report. The metaverse, often framed as “the next evolution of today’s internet,” is a ...

Facebook/Meta’s recent rebranding made headlines around the globe—establishing "the metaverse" in the public's consciousness. Which other companies are currently shaping this new virtual world and ...

As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...