Facebook/Meta’s recent rebranding made headlines around the globe—establishing "the metaverse" in the public's consciousness. Which other companies are currently shaping this new virtual world and ...

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 ...

Mark Zuckerberg and Meta are scaling back their metaverse ambitions after accumulating over $80 billion in losses ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.

Translucia is a Thailand-led metaverse initiative launched by T&B Media Global. It’s framed as a full virtual world where people can interact, attend experiences, and take part in commerce. For brands ...

It is easy to make predictions, and even easier to critique those that others made in the past. Case in point: Gartner predicted in 2022 that by 2026 (yes, that's this year), 25% of the population ...

Tim Sweeney says Epic is now ‘financially sound.’ Next up, building the next generation of metaverse tools. Tim Sweeney says Epic is now ‘financially sound.’ Next up, building the next generation of ...

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 ...

Meta is scaling back its plans for a metaverse. The Mark Zuckerberg-led firm has announced that the company will be shutting down the Horizons World app from VR by June this year. This announcement ...

The word “metaverse” has been used so often in recent years that it can feel more like a buzzword than a concrete idea. Tech companies promise it will change how we work, learn, play, and even relate ...

As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...

The global metaverse market is predicted to exceed $3 trillion by 2032. That’s a surprising valuation considering current scepticism, a stagnating user base, and claims that the metaverse is dead.