Meta Lays Off 700 in Pivot From Metaverse to AI
Meta is laying off about 700 people at Facebook and its VR division reality Labs, according to a new report from CNBC. The layoffs come as Meta seeks to pivot away from its metaverse bet […]
Meta is laying off about 700 people at Facebook and its VR division reality Labs, according to a new report from CNBC. The layoffs come as Meta seeks to pivot away from its metaverse bet […]
Is the idea of the metaverse dead? Even without a much hotter technology in the form of artificial intelligence (AI) capturing the public conversation, most ordinary people have stopped talking about it, beyond reminiscing about […]
Neal Stephenson, the author who coined “metaverse,” says Meta’s $80 billion VR failure was largely self-inflicted. He argues the real metaverse never needed goggles—Fortnite, Roblox, and Minecraft already are the metaverse, with hundreds of millions […]
Mark Zuckerberg’s pivot to the metaverse during Covid seemed shocking, if not a bit bold at the time. After all, the CEO of Facebook invested tens of billions of dollars to pivot one of the […]
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