Meta ditches the metaverse for smart glasses after $70B Reality Labs loss

The post Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss appeared first on Android Headlines.

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, it's next sure-fire, can't-miss idea

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Trends and Strategies Shaping the Booming $159 Billion Metaverse in Healthcare Market, 2030

Growing tech adoption and telehealth expansion are major growth drivers Metaverse in Healthcare Market Metaverse in ...

Reports: Meta layoffs could hit hundreds in metaverse unit as AI takes priority

Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...
Retail Dive

Virtual world shopping is not the metaverse: report

Virtual shopping experiences are a precursor to what a fully interoperable metaverse could be, although the concept has yet to mature, according to a Forrester report shared with Retail Dive. The ...
CoinTelegraph

Metaverse market share to surpass $50 billion by 2026, says new report

A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years. The report, titled “Metaverse Market in Finance by ...
VentureBeat

The Jed Foundation issues report on preserving youth mental health in the metaverse

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Will the metaverse be good for the mental health of young people? That ...