When Meta unveiled Horizon Worlds in 2021, it billed the platform as the future of the internet—a sprawling virtual playground where work, play, and social life would merge in VR. I saw it differently ...
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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 Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. When Facebook CEO Mark Zuckerberg announced he would rename ...
Shares of Facebook parent Meta dropped more than 4% on Friday, showing rare vulnerability for the powerhouse stock after a pair of landmark court rulings, and on the heels of the decline of its ...
It wasn’t just niche investors making that call. Perhaps most famously, Mark Zuckerberg bet big on the metaverse. He called ...
Though still refocusing on its mobile app, Meta will now continue to support Horizon Worlds' existing VR games as well. Now it seems as though Meta has partially reversed its decision, with CTO Andrew ...
Job cuts and possible product changes at Facebook parent company Meta indicate declining investment in virtual worlds. Law firms that opened metaverse offices have already noticed waning interest and ...
Meta announced a major update for its immersive virtual world, Horizon Worlds, on Thursday that will see it leave the metaverse behind. The tech giant said it’s shifting focus for Horizon Worlds to be ...
Sun, December 14, 2025 at 5:12 PM UTC Meta Platforms (Nasdaq: META) has faced criticism for investing too heavily in the Metaverse, but the company’s broader business has continued to perform well.
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