Forbes contributors publish independent expert analyses and insights. Cortney is an expert in smartglasses, VR, AI, and the future of work. This voice experience is generated by AI. Learn more. This ...

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 ...

Forbes contributors publish independent expert analyses and insights. Marc Berman is a New York-based reporter who covers media. Dec 05, 2023, 11:07am EST Dec 06, 2023, 10:49am EST This article is ...

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 ...

Epic’s new partnership with Disney is just one more step in building out its virtual realm. Epic’s new partnership with Disney is just one more step in building out its virtual realm. is an ...

To join the CNBC Technology Executive Council, go to cnbccouncils.com/tec While the metaverse is often seen as a joke in 2025 because of low user counts and poor ...

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 Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...