Meta is increasing AI spending despite massive metaverse losses and a drop in users, raising concerns among investors over ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

If you’ve been busy dancing on the grave of Meta’s failed metaverse, I’m going to have to ask you to pause for a moment. In fact, you may just want to sit down and rest your non-virtual legs, because ...

Meta posted record Q1 2026 revenue and engagement gains but faced a stock selloff over surging capital spending, even as it pivots from its failed metaverse push toward AI and Threads expansion. New ...

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 ...

Forbes contributors publish independent expert analyses and insights. Cortney is an expert in smartglasses, VR, AI, and the future of work. This voice experience is generated by AI. Learn more. This ...

Meta’s latest developer update delivers a quiet but major shift in strategy: the company is moving its metaverse ambitions away from virtual reality and focusing almost entirely on mobile experiences.

As an artist, I’ve always been fascinated by how technology is evolving and how it has changed art, how stage gave way to film and how film gave birth to digital art. But now, in 2024, we’re at the ...

Five years ago, tech angel investor Chris Adamo and a few friends jumped on a burgeoning trend in the digital asset world: they used a virtual real estate broker to buy 23 parcels of property in a ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...