Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ...

After betting heavily on the metaverse—and spending many billions building it—Meta recently pivoted hard.

Meta is formally sectioning off Horizon Worlds, the closest thing it has to a metaverse, from its Quest VR platform, ...

Meta said it's shifting focus for Horizons Worlds to be "almost exclusively mobile" and that it will separate its Quest VR ...

Despite the losses, the company’s other endeavors pushed it to record profits in Q4 2023, with gains expected to continue through Q1 2024. When Facebook changed its name to Meta in September 2021, it ...

Meta is shifting Horizon Worlds away from VR and focusing almost entirely on mobile to reach a much larger audience. The post Metaverse just went mobile first, leaving VR behind appeared first on ...

Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter. In 2021, Zuckerberg changed the name of his ...

In general, Meta frames many of its recent moves as a pivot away from first-party development of VR experiences to a focus on a third-party developer ecosystem, with stats like “86% of the effective ...

Meta Platforms has burned a whopping $39 billion on building the metaverse since 2019. The losses have frustrated investors, so CEO Mark Zuckerberg has committed to a year focused on efficiency in ...

Faster vaccine testing. Shorter time to market for innovative new medicines. A clearer understanding of side effects for each individual patient. These are developments that could change the face of ...

LOS ANGELES--(BUSINESS WIRE)--The LAMINA1 Ecosystem Fund (L1EF), launched by LAMINA1 as the world’s first publicly-accessible rolling ecosystem fund for a Layer1 blockchain, announced its inaugural ...