Luckey founded Oculus and sold it to Facebook for $2 billion in 2014. He wants the metaverse to be built, but says Facebook's current product Horizon is "not good." Still, Luckey sees the possibility ...

Oculus VR shaped modern virtual reality like hardly any other company and now threatens to disappear for good. It's time for a look back.

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

If you ever sit down with a metaverse enthusiast, you won’t have to wait long before they paint a rosy picture of how virtual worlds will change our lives. The most bullish metaverse advocates insist ...

TORONTO, ON and BRIDGETOWN, BARBADOS / ACCESSWIRE / February 16, 2022 / Oasis Digital Studios Limited ("Oasis"), a wholly owned subsidiary of Liquid Avatar Technologies Inc.

Forbes contributors publish independent expert analyses and insights. A former tech executive covering AI, XR and The Metaverse for Forbes. With Crypto back in the news, interest in the Metaverse, ...

Meta is reportedly planning to cut spending on its metaverse group by up to 30% in 2026, including its Horizon Worlds social VR platform and the Quest virtual reality headset business, according to a ...

It wasn’t all that long ago when “the Metaverse” was being pushed hard in certain corners of the Big Tech universe. What was it? It wasn’t always clear — something about a virtual but realistic place ...

Watching the Meta Quest 3 being announced by Meta made me realize something – the hardware available for virtual, augmented and mixed reality is finally catching up with the big idea pitches everyone ...

Maria Gracia Santillana is a NYC-based careers reporter. Meta handily beat Wall Street’s expectations for its Q2 results, but there was no joy in its metaverse division, which posted a ...

Mark Zuckerberg's Meta has recorded nearly $50 billion of metaverse losses in under five years. The division's total loss of $47 billion exceeds the market value of Ford, Hershey, or Kraft Heinz. Nike ...