A year old and Meta — formerly Facebook — looks to need a reset from its rebrand. October 2021 marked Facebook’s heralded leap into decentralized and virtual worlds. Mark Zuckerberg has for 12 months been spending billions on a strategy where VR headsets are the...
With skepticism that the metaverse will “change everything” growing as Meta’s struggles to produce a viable immersive virtual reality, there is a new “next big thing” waiting in the wings: The industrial metaverse. In this first article in a new PYMNTS series about this fledgling...
On Oct. 28, a year will have passed since Mark Zuckerberg’s world-shaking announcement that his company would henceforth be called Meta, writing in a founder’s letter: “Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions...
Meta is having some trouble selling its metaverse concept, facing headwinds including glitches, uninterested users and not much clarity on what it will take to succeed, The Wall Street Journal reported. CEO Mark Zuckerberg has cautioned that patience will be needed — the transition could...
April 12, 2022
Meta is rolling out a payments tools for creators of virtual mini-worlds and communities in its Horizon Worlds metaverse platform. It won’t be cheap. For creators setting up shops in the social media giant’s version of the immersive, 3D virtual realities — which CEO Mark Zuckerberg has said he believes are the future of social […]
July 27, 2023
Meta’s metaverse plans are still on track, according to the company’s CEO. “Our investments in AI continue. We remain fully committed to the Metaverse vision as well,” Mark Zuckerberg said Wednesday (July 26) during an earnings call. “We’ve been working on both of these two major priorities for many years in parallel now, and in many ways […]
October 16, 2022
Meta is having some trouble selling its metaverse concept, facing headwinds including glitches, uninterested users and not much clarity on what it will take to succeed, The Wall Street Journal...
October 14, 2022
A vice president of Meta’s virtual reality (VR) social platform Horizon Worlds is now over at Stripe working with a new product team. Vivek Sharma started as Stripe’s new head...
April 13, 2022
Wendy’s has opened a virtual reality restaurant in the metaverse, a NJ.com report said Wednesday (April 13). The fast-food chain has partnered with Meta’s Horizon Worlds to offer the new...
