FORT LAUDERDALE, Fla., Feb. 17, 2022 /PRNewswire/ -- Graystone Company, Inc. (OTCQB: GYST), is pleased to announce its expansion into real estate development in the Metaverse. We have created a ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions ...

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE:BABA) recently made cuts to its metaverse division, Yuanjing, as part of a broader trend of tech companies scaling back their investments ...

Just a few years ago, the company then known as “Facebook” rebranded to “Meta.” The bold move reflected a strong commitment to the metaverse technology. However, the firm is reportedly preparing to ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

Meta will focus more on wearables going forward. - Igor Golovniov/SOPA Images/LightRocket via Getty Images More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for ...

Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter. In 2021, Zuckerberg changed the name of his ...

Meta Platforms underwent a big transformation in 2021 as it pivoted toward the metaverse. The company has spent tens of billions of dollars on the metaverse, with not much to show for it. It recently ...

Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from ...

Facebook parent company Meta is reportedly planning to lay off around 10% of staff in its metaverse, VR and AR-focused Reality Labs division. The New York Times reports that these cuts could be ...

Meta is reportedly planning massive budget cuts, potentially up to 30%, for its loss-making Metaverse division, Reality Labs. Following over $70 billion in losses, the company is shifting resources ...