Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban smart glasses.
Hosted on MSN

From Bubble to a New Virtual Reality: The Metaverse is Dead, Long Live the Metaverse!

When Facebook changed its name to Meta, the entire tech sector looked towards what seemed to be the future of networks, communication, and commerce... until AI arrived. But the metaverse is still ...
The New York Times

Meta Weighs Cuts to Its Metaverse Unit

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...
The Real Deal

RIP, virtual real estate: The rise and fall of the Metaverse

Remember the Metaverse? It seemed like a good idea at the time. It all started in 2021, when Facebook rebranded to Meta and pledged $10 billion to build technology that could make reality totally ...