Meta slashing Reality Labs jobs
Meta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.
Affected employees will be notified of the...
Oxford's word of the year is "Goblin Mode", beats metaverse
Oxford University Press (OUP) has declared “goblin mode” its word of the year.
The organisation had opened its word of the year selection to an online vote after shortlisting “metaverse” and “#IStandWith” with the winner.
Sony launches Mocopi wearable motion trackers for metaverse apps
Sony Group Corp.’s latest gadget is a set of wearable motion trackers designed to bring users into the metaverse on their phones.
The new Mocopi system consists of six pucks worn around the user’s wrists, ankles, head and hips...
Game "dips toes" in metaverse — giving away R70,000 in vouchers
Game has announced that it is the first retailer in South Africa to join “the metaverse” by launching a branded Roblox game.
Game explained that Roblox is one of the world’s biggest online gaming platforms and most popular...
Mark Zuckerberg seen as obstacle to Meta Platforms' growth
Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering from a historic selloff.
The Facebook parent has tumbled 72% this year...
We found an interesting feature in MTN’s "metaverse" space
Ubuntuland developer Africarare has opened several "under construction" spaces in its virtual world for individuals and institutions that have purchased land in its "metaverse".
These include zones for advertising agency M&C Saatchi...
Zuckerberg asks investors to be patient with Meta's ballooning metaverse spend
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg asked investors for patience with the social-media giant’s swelling investments in unproven bets at an already-challenging time for digital-advertising...
Facebook, Microsoft and 34 others team up for Metaverse Standards Forum
Meta Platforms (formerly Facebook), Epic Games, Microsoft, and 33 other organisations have formed a forum to promote open standards for augmented and virtual reality.
It will be open to any organisation for free, and the...
Tim Berners-Lee supports metaverse future for world wide web
The creator of the World Wide Web said he expects virtual reality, and technologies based around a so-called metaverse, to be part of how people interact with his invention in the future.
But in a new interview with Bloomberg...
Meta's big metaverse plans could be thwarted by shareholders
Meta Platforms Inc. will face a shareholder mandate on whether its planned metaverse virtual world is good for society.
The U.S. Securities and Exchange Commission rejected a request by Meta to quash a proposal from Arjuna Capital...
Former Nintendo executive criticises Facebook's Metaverse vision
Mark Zuckerberg’s Meta Platforms Inc. is among the most vocal proponents of the future of the metaverse, but one gaming industry veteran is particularly skeptical about its vision.
Like the cloud five years ago and even the...
YouTube pushing virtual reality in metaverse bet
YouTube said it will start creating metaverse experiences on its video platform, beginning with gaming, following competitors’ investments in the buzzy category.
“We’ll work to bring more interactions to games and make them feel more alive,”...
Samsung's Galaxy Unpacked will stream in virtual reality
Samsung fans can watch the tech giant's next Galaxy Unpacked event in virtual reality, Engadget reported.
The tech giant has recreated its flagship New York store location within Decentraland's virtual reality (VR) platform. VR...
Metaverse is "off-limits" to Apple — Report
Apple's VR and AR headset will be intended for shorter experiences, with the company seeking to avoid the metaverse vision, according to a report from Bloomberg's Mark Gurman.
"Here's one word I'd be shocked to hear on stage when Apple announces its...
Facebook Inc. is now Meta
Facebook Inc. is re-christening itself Meta, decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality.
“The metaverse is the next frontier,” Chief...