Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ...

Meta said it's shifting focus for Horizons Worlds to be "almost exclusively mobile" and that it will separate its Quest VR ...

Meta is formally sectioning off Horizon Worlds, the closest thing it has to a metaverse, from its Quest VR platform, ...

In general, Meta frames many of its recent moves as a pivot away from first-party development of VR experiences to a focus on a third-party developer ecosystem, with stats like “86% of the effective ...

Meta CTO Andrew Bosworth said that cuts to the company's VR effort were "a real loss," but that Meta's investment had to ...

Meta's Horizon Worlds pivots to mobile focus, scaling back VR efforts. This strategic shift positions it against platforms ...

Meta is shifting Horizon Worlds away from VR and focusing almost entirely on mobile to reach a much larger audience.

Despite the losses, the company’s other endeavors pushed it to record profits in Q4 2023, with gains expected to continue through Q1 2024. When Facebook changed its name to Meta in September 2021, it ...

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 ...

Faster vaccine testing. Shorter time to market for innovative new medicines. A clearer understanding of side effects for each individual patient. These are developments that could change the face of ...

LOS ANGELES--(BUSINESS WIRE)--The LAMINA1 Ecosystem Fund (L1EF), launched by LAMINA1 as the world’s first publicly-accessible rolling ecosystem fund for a Layer1 blockchain, announced its inaugural ...