It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.
The metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, ...
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
A grounded, macro-driven analysis of Meta Platforms, examining ads, AI spending, infrastructure bets, and valuation to assess ...
Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...
Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...
Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...
Meta plans to double production of its Ray-Ban smart glasses this year, amid its new focus on AI. Should you buy, sell, or ...
In 2026, gaming has transitioned from a metaverse hype play to a core marketing distribution channel for fashion brands ...
The three that I have on my watch list are Meta Platforms (NASDAQ: META), Adobe (NASDAQ: ADBE), and The Trade Desk (NASDAQ: ...