With roots in gaming and entertainment, the metaverse is gaining fresh attention as organizations in a variety of sectors explore its expansive possibilities. Offering virtual spaces where users can ...

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 ...

SAN MATEO, Calif.--(BUSINESS WIRE)--Today, deadmau5 and Manticore Games, creators of Core, the premier platform for user-created games, interactive experiences and live events, launched Oberhasli, an ...

Esports has a pattern of community behaviour which traditional sports are envious of: chat streams, watching parties, co-streamers, reactions live. With the help of VR and metaverse versions of spaces ...

Meta has already lost over billions over its plan to dominate the metaverse and while its Horizon World's might not have been able to pick up, the company is planning a complete overhaul with a new in ...

Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

Meta (META) hasn’t given up on the metaverse, despite a very public pivot to artificial intelligence. “Our investments in AI continue. We remain fully committed to the Metaverse vision as well. We've ...