Meta, a social media and technology giant, is reportedly planning to layoff thousands of employees this week due to rising costs and a recent share price collapse. The Layoffs Could Impact Thousands of Staffs According Read More
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According to Meta, its Reality Labs metaverse division lost over $3.6 billion in the third quarter of 2022, compared to $2.63 billion in the same period last year. Anticipating The Losses for The Next Year For Meta, 2022 continues Read More
Originally, Meta hoped to reach 500,000 monthly active users by the end of the year with Horizon Worlds, its flagship virtual reality social media platform. As the company faces obstacles to growing its user base, that Read More
Meta Partners with Microsoft to Bring Virtual Office of The Future In Metaverse. Through its partnership with Microsoft, Meta Platforms will integrate Microsoft Office 365 into its virtual reality (VR) platform, aiming to attract businesses to Read More
Executives at Meta have been criticizing Horizon Worlds and the state of the platform’s flagship metaverse app. The VP of Metavers for Meta, Vishal Shah, admitted that Horizon Worlds, the app used to demonstrate Read More