Meta Metaverse Unit Has Lost $5.7B This Year
By / July 28, 2022, 7:06 am EDT

Meta CEO Mark Zuckerberg said its metaverse ambitions represent a “very expensive undertaking,” but he sees trillions in unlocked value

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Meta Adds ‘Personal Boundary’ Tool After Virtual Sexual Assault Allegation
By / February 4, 2022, 3:15 pm EST

The function prevents digital avatars from coming within a 4-foot distance from one another to “avoid unwanted interaction,” according to a company exec

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Zuckerberg Still ‘Confident’ In Metaverse Plans Despite Stock’s 20% Slide
By / February 2, 2022, 6:49 pm EST

Analysts project the company’s total metaverse spending will eclipse $60 billion

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Report Says Apple Won’t Join the Metaverse With its MR Headset
By / January 12, 2022, 11:54 am EST

The tech giant is steering clear of the concept for now, calling it completely “off limits,” according to Bloomberg’s Mark Gurman

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Zuckerberg: Facebook’s New Name Will Be Meta
By / October 28, 2021, 3:18 pm EDT

“[Facebook] is an iconic social media brand, but increasingly it just doesn’t encompass everything that we do,” the CEO said.

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Facebook CEO: Metaverse Will Be ‘Holy Grail of Social Experiences’
By / October 25, 2021, 7:30 pm EDT

“This is not an investment that is going to be profitable for us anytime in the near future,” Zuckerberg said during the company’s third-quarter earnings call on Monday.

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