Metaverse technologies like virtual reality (VR) and augmented reality (AR) are poised for significant development for educational use in the next few years, according to a recent report that found ...

The growing popularity of metaverse is set to transform the outlook of the gaming sector. Apart from that, the artificial intelligence and virtual technology industry is forecast to witness a ...

The metaverse, once dismissed as a passing fad, is experiencing a resurgence, drawing attention from tech giants, investors, and consumers alike. This new momentum is fueled by technological ...

Mark Zuckerberg’s Meta Platforms lost a further $4.5 billion on its metaverse business Reality Labs in the second quarter of this year, deepening its metaverse money pit to almost $60 billion since ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta Platforms has lost a stunning $71 billion on Reality Labs since the start of 2021. Yet, its Family of Apps are so profitable that they have been able to absorb these losses. Shifting capital away ...

BEIJING, July 02, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production ...

Meta is implementing a significant strategic shift, applying the brakes to its loss-making metaverse ambitions to refocus ...

In an exclusive interview with Benzinga, Ed Egilinsky, managing director and head of Sales and Distribution & Alternatives at Direxion, talked about the Direxion Daily META Bull 2X Shares (NASDAQ:METU ...