Meta’s Cutting 10% of Staff in its Reality Labs Division

But Meta’s own cost-cutting efforts don’t support that, with the company informing staff that it’s cutting another 10% of ...

PUBG creator's take on a metaverse is radically different from Roblox or Fortnite: "Everyone's doing it the wrong way"

PlayerUnknown's PUBG inspired Fortnite's battle royale experience, but he won't be similarly influenced by Epic's metaverse ...
Nasdaq

How Do You Value Metaverse Projects? We Tried. Here’s What We Found

The metaverse is probably overvalued. We’ve seen funding in metaverse companies balloon to $12.1 billion in 2021 from $5.9 billion in 2020, according to Crunchbase. It’s hard to say if valuations are ...

Meta plans to cut around 10% of employees in Reality Labs division: Report

Meta is reportedly planning to cut around 10% of its employees in the Reality Labs division, which focuses on metaverse ...
Forbes

Make It Right: How To Create Metaverse Projects That Work

Dmytro Kornilov, CEO of FFFACE.ME shares his insights on developing practical and measurable projects in the metaverse for brands. Nowadays, people see the metaverse differently. Some say it's a game, ...
Forbes

Invest In Project Management Before Shifting To The Metaverse

I am the VP of Engineering at Apriorit, a software development company that provides engineering services globally to tech companies. The metaverse is expected to make businesses rethink what ...

Mark Zuckerberg’s Meta To Lay Off Hundreds Of Metaverse Employees This Week, Here Is Why

Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...
Business Insider

Metaverse projects have raised $115 billion in venture funding since 2010. A senior PitchBook analyst explains why top VCs are flocking to the space.

Metaverse projects have raised $115 billion in venture funding since 2010, per a PitchBook report. Coinbase Venture and Andreessen Horowitz are some of the top backers of metaverse projects. Despite ...