With the demise of "Rec Room" and Meta's cutback in "Horizon Worlds," two prominent chapters of VR history are ending. What ...

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Add Yahoo as a preferred source to see more of our stories on Google. The metaverse has captured the attention of tech developers, marketers, and users alike. Envisioned as the digital world of the ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

VR headset sales were down in 2022, reflecting waning interest in a buggy metaverse. Even if consumers wanted to engage with this technology, the current price of headsets makes it inaccessible for ...

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 ...

When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the company. I think we can safely say that's not going to happen. On its ...

The tech giant has decimated its Altspace, HoloLens, and mixed reality teams as the company CEO talked about making 'changes to our hardware portfolio.' Reading time 3 minutes After the dust cleared ...

Meta, the self-styled “metaverse company” formerly known as Facebook, has taken on a novel role de-hyping the virtual world technology its founder bet the farm on just a few short years ago. No, it ...

The metaverse is a giant online game. And it’s virtual reality. And it’s blockchains. In fact, there are a great many definitions of what the metaverse is–probably close to as many as there are people ...

Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group. Worldwide shipments of VR headsets as well as augmented reality ...

RP1 and the Metaverse Standards Forum™, through the Open Metaverse Browser Initiative (OMBI), today introduced Sneeze, the first metaverse browser engine (MBE) ever built. Available immediately as ...