#Metaverse
Total 17 articles
Days into his tenure, Disney CEO Josh D'Amaro faces simultaneous crises: OpenAI's Sora shutdown threatens a $1B AI deal, while Epic's layoffs cast doubt on a $1.5B metaverse plan.
Meta is shutting down Horizon Worlds on Quest VR on June 15. After billions in losses and 1,000+ layoffs, what does the metaverse's quiet collapse mean for the next big tech bet: AI?
Epic Games and Google agree on 'metaverse browsers' as new app category. This quiet deal could reshape platform competition and app store economics.
PRISM by Liabooks
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[email protected]Meta shifts Horizon Worlds from VR to mobile after $80B losses, signaling major strategic pivot away from metaverse ambitions
Meta shifts Horizon Worlds from VR-exclusive to mobile-first, directly challenging Roblox and Fortnite. A strategic retreat or smart pivot?
Roblox shares jumped 20% on strong Q4 results, but mandatory age verification reveals a younger user base and creates growth headwinds. The company faces a critical balance between safety and expansion.
Roblox reveals 27% of age-verified users are adults who spend more than minors. Platform shifts focus to high-fidelity content for mature audiences.
PRISM by Liabooks
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[email protected]Roblox launches 4D creation technology that generates interactive 3D objects. Cars that actually drive, planes that fly - exploring what this means for gaming's future and the creator economy.
Meta's Reality Labs lost $19.1 billion in 2025, bringing total metaverse losses to over $60 billion since 2021. With 1,000 layoffs and studio closures, the company pivots hard toward AI while VR dreams fade.
Meta's Reality Labs posts $6B quarterly loss as company shifts from VR ambitions to AI and smart glasses, raising questions about the metaverse's future.
Four years after the Meta Supernatural acquisition, the VR fitness service is a lifeline for rural users. Explore the impact of this 2022 deal and the FTC battle.
PRISM by Liabooks
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[email protected]Meta laid off over 1,000 staff in its Reality Labs division, halting updates for the hit VR fitness app Supernatural to prioritize AI development.