Virtual Reality
Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
Meta investors panic as Zuckerberg doubles down on Metaverse
Meta's shares tumbled after the release of its Reality Labs financial report, which saw an operating loss of $3.67 billion...
Zetly’s ‘Sport Metaverse’ gives fans an all-in-one bonding experience with their favorite teams
Zetly plans to develop a full Metaverse for fans to interact with objects in the physical world, like buying merchandise,...
Metaverse market to generate $50B with finance sector adoption by 2026: report
Technavio forecasts that by geographical segmentation, finance key players in North America will contribute the most to the advancement of...
Meta’s profit slides due to big bet on proprietary metaverse
Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
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