Meta Platforms Inc has agreed to resolve a trademark lawsuit brought by blockchain nonprofit Dfinity Foundation over Meta's ...

CTO Andrew Bosworth said about 20% of the company's overall costs and expenses would be spent on the Reality Labs segment of its business next year. Reading time 3 minutes Much has changed since Mark ...

All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Gizmodo may earn an affiliate commission. Reading time 3 minutes ...

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 ...

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 ...

A visitor experiences an immersive art installation titled "Machine Hallucinations Space: Metaverse" by Refik Anadol at the Digital Art Fair Asia, showcasing digital and NFT art on Oct. 4 in Hong Kong ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

The metaverse is a network of captivating 3D virtual worlds. It focuses on social interaction, where visitors come together, ...

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...

Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company. A Meta executive in charge of building the company’s metaverse ...

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 ...