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 ...

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

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 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 ...

Meta has shut down its Twisted Pixel, Sanzaru Games, and Armature Studio as part of its massive job cuts to its virtual ...

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 shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal ...

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 ...

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

SBI Life's 'LifeVerse Studio' is designed for the users to create their avatars to connect with a diverse set of audiences. The users can select from a wide range of interesting avatars and showcase ...

In this week’s newsletter, read about why the food and beverage nonfungible token (NFT) market is set to exceed $2 billion by 2032, check out the Bruce Lee avatar that has made its way into the ...