The Alexa app quickly connects new devices you add to your smart home with little effort on your end and lets you control devices from different manufacturers in one place. If a smart home device says ...
As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...
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 Platforms' (META) latest fourth-quarter earnings reignited investor enthusiasm for the social media stock as the results indicate the fiasco it created with unchecked spending on the metaverse is ...
It is easy to make predictions, and even easier to critique those that others made in the past. Case in point: Gartner predicted in 2022 that by 2026 (yes, that's this year), 25% of the population ...
Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...
In a nutshell: Remember how much faith Mark Zuckerberg had in the metaverse? He even renamed his company after the concept of a shared VR social platform. That was before AI became the tech industry's ...
Meta is laying off of 1,500 workers in its Reality Labs division as it moves its focus from the metaverse to smart glasses with AI. Even though it lost billions on VR, the success of its Ray-Ban ...
While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...
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