Metaverse
After Layoffs, Meta Shuts Down Workrooms & Rethinks Metaverse
Meta will discontinue the metaverse for work on February 16th. This comes after it laid off around 10% of its entire Reality Labs division.
Metaverse
Metaverse
Meta retreats from metaverse after virtual reality check • The Register
Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark Zuckerberg did just that, and now Meta is backing away from the virtual reality business in which it invested […]
Metaverse
Top Metaverse Stocks To Keep An Eye On
Robot Consulting, Everbright Digital, Global Mofy AI, and HUB Cyber Security are the five Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. “Metaverse stocks” are equities of companies that develop the hardware, […]
Metaverse
Meta begins job cuts amid strategic pivot away from the metaverse
Meta Platforms’ shift away from positioning itself primarily as a “metaverse” company towards building AI-powered wearables and mobile phone features has led to more than 1,000 job cuts in its Reality Labs division. According to […]
