The Metaverse is off to an ominous start after VR headset sales drop in 2022

Meta CEO Mark Zuckerberg shows off an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers at the Oculus Connect 3 event in San Jose, California, United States, Thursday,…

Mark Zuckerberg says WhatsApp business chat will generate revenue and minimize billions spent on VR

Meta Mark Zuckerberg said WhatsApp and Messenger will drive the company’s sales growth – although the company has invested at least $36 billion in the metaverse. In a company-wide meeting…

Why Reality Labs will continue to lose billions even if Meta makes big cuts

For tech investors hoping that Meta Platforms will find religion on cost reductions when it comes to big VR spending, now is not the time to bet on it. The…

Will MTN’s metaverse concert wake up the African creative industry?

South African mobile network operator MTN Group wants to leverage its vast network of 34.5 million subscribers in Africa to pave the way for the popularization of the metaverse on…

How Mark Zuckerberg got lost in a bizarre virtual world

Critics of Zuckerberg claimed the October 2021 Meta rebranding was little more than a publicity stunt to distract from the company’s problems. “What’s embarrassing is that journalists and policymakers fell…

TikTok Company’s new VR headset rivals Meta on price

The Pico 4 headset is the closest and sufficiently powerful VR device to the Meta Quest 2 we’ve seen to date. Screenshot: Pico/ByteDance Meta is terrified of TikTok overbearing presence…

This Week in the Metaverse: Post-Malone NFT Benefits, Virtual Reality for Surgical Patients

Things are moving fast in the metaverse and the wider world of Web3 as a whole. Here’s what you need to know from the past week: Mark Zuckerg’s net worth…

Meta AKA Facebook’s Hyped VR Headset Leaked by Guy in Hotel

It’s always worth rooting to the side of the bed or drawers when staying in a hotel room. Who knows what exciting items may have been overlooked by the previous…