Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ...

Originally, VR glasses were supposed to be the indispensable gateway to the Metaverse. But Meta is now turning its back on this vision and making the smartphone the primary access for Horizon Worlds.

Meta is formally sectioning off Horizon Worlds, the closest thing it has to a metaverse, from its Quest VR platform, ...

Meta said it's shifting focus for Horizons Worlds to be "almost exclusively mobile" and that it will separate its Quest VR ...

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

We cannot imagine a life without the internet today. It is inherently wonderful but fundamentally chaotic. We shop, bank, chat, and play through it. Whatever we do, we do it online nowadays. Yet there ...

Discover how Meta leverages ads on Facebook and Instagram while expanding into the metaverse with VR technologies.