However, the Metaverse is likely to be the next big wave in digital. Why? It encompasses and enables some of the working changes that are emerging post-pandemic, including hybrid working.
The internet was not happy about the legs. Earlier this month, the company formerly known as Facebook unveiled its new virtual reality headset, the Meta Quest Pro. The $1,500 headset offered many new ...
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RIP the metaverse: Remember when Facebook renamed itself Meta thinking it was the next big thing?
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 ...
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 ...
Exploring the metaverse: What is it? Your email has been sent In a recent TechRepublic podcast, Clarence Reynolds spoke to Jana Arbanas, U.S. telecom, media and entertainment sector leader at Deloitte ...
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Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
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 ...
The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. But ...
What does Meta, the new name of Facebook signify? During the Facebook Connect 2021 event, on October 28, Mark Zuckerberg announced the corporate name change, noting that the idea for Meta arose from ...
The future of the metaverse looks shakier than anyone can imagine. Tech companies that have bought into the concept fully—like Facebook-turned-Meta and Disney—are facing the realities of building out ...
A disastrous Q3 earnings report has left many wondering whether Meta's big gamble on the metaverse will ever actually pay off. Reading time 11 minutes Well, Meta sure is in a bit of a mess. The ...
Although the metaverse has great potential to significantly expand the digital economy, it continues to raise legal issues pertaining to intellectual property (IP) rights, including trademark, patent, ...
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