Cryptopolitan on MSNOpinion

AI Hype vs. Reality: Lessons from Zuckerberg’s $50B Metaverse Bust

Remember the Metaverse? It was super-over-hyped. Hysteria, really. Mark Zuckerberg put more than 50 billion USD into “the ...

Everyone Knows That Mark Zuckerberg Cofounded Facebook, Is Bullish on the Metaverse, and Is Investing in AI Superintelligence. But Few Realize He Makes Over …

In 2012, Zuckerberg donned his notorious hoodie to ring the Nasdaq bell as his company Facebook, now Meta Platforms (NASDAQ: ...
VentureBeat

Rumors of the metaverse’s death have been greatly exaggerated

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...
Futurism

Facebook’s Former Metaverse Czar Publicly Shreds the Company’s Mistakes

In a recent interview with Meta’s current CTO Andrew Bosworth on his “Boz to the Future” podcast, Carmack said that although he’s still quite “bullish” on virtual reality itself, he thinks his ...
Futurism

Facebook Laying Off Metaverse Employees

Facebook-turned-Meta CEO Mark Zuckerberg may impressed some of us with his latest demo of far more lifelike metaverse avatars last week. But a peek behind the scenes paints a far more troubling ...
Seeking Alpha

With A Subtle Pivot Away From The Metaverse, Meta Platforms Looks Cheap

Mark Zuckerberg and Facebook have subtly relegated the Metaverse to the strategic back seat. The company has exhibited a welcome emphasis on cost discipline and a bloated headcount. Several valuation ...
ABC7 San Francisco

Facebook wants companies to ditch Zoom, hold meetings in virtual reality

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...
VentureBeat

What went wrong with ‘the Metaverse’? An insider’s postmortem

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...
NPR

Facebook wants to lean into the metaverse. Here's what it is and how it will work

Think of it as the internet brought to life, or at least rendered in 3D. Zuckerberg has described it as a "virtual environment" you can go inside of — instead of just looking at on a screen.
New York Post

Peter Thiel confronted Mark Zuckerberg about metaverse focus before abrupt board resignation: report

Billionaire tech investor Peter Thiel reportedly raised concern about Mark Zuckerberg’s obsession with the metaverse just before his abrupt resignation from Meta’s board of directors last year.
Forbes

The Metaverse Explained

To begin, there’s no universally accepted definition for the term. Some think of it as an enhanced successor to the current version of the internet—a new frontier for online interaction blending the ...