Virtual Reality

Meta, News, Tech, Tech News, Virtual Reality

Meta has discontinued its metaverse for work, too

Two months before it changed its name to “Meta,” Facebook CEO Mark Zuckerberg personally introduced us to his metaverse for work: Horizon Workrooms, envisioned as a virtual space for workers to collaborate. Today, the company announced it’s shutting that space down: “Meta has made the decision to discontinue Workrooms as a standalone app, effective February […]

Entertainment, Gaming, Meta, News, Tech, Tech News, Virtual Reality

Meta is closing down three VR studios as part of its metaverse cuts

Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts include closing down some of its VR gaming studios. Twisted Pixel Games, the developer of Marvel’s Deadpool VR, Sanzaru Games, the developer of the Asgard’s Wrath franchise, and Armature Studio, which worked on the Resident Evil 4 VR port, […]

AI, Meta, News, Tech, Tech News, Virtual Reality

Meta could axe up to one-third of its ‘metaverse’ budget next year

Meta may slash its budget for metaverse projects by up to 30 percent next year, according to a report from Bloomberg. Sources tell the outlet the potential cuts haven’t been finalized, but they would impact the unit that works on Meta’s Quest virtual reality headsets, along with its social platform Horizon Worlds. Meta, which changed […]

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