The race to build the metaverse has put two innovative platforms in the spotlight, Roblox Corporation RBLX and Unity Software Inc. U. While Roblox has created a thriving user-generated gaming ...

Roblox continues to widen its lead in the metaverse and social gaming space. Daily active users surged to 151.5 million, up 70% year over year, and 39.6 billion hours of engagement, indicating the ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: ...

U.S. LNG developer NextDecade plans to expand further its Rio Grande export project with a sixth train, for which it has just initiated the pre-filing process with the Federal Energy Regulatory ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group significantly downsized.

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up ...

Metaverse tokens have become among the most dynamic categories of digital assets, encapsulating utility, governance rights, and reward mechanisms within virtual worlds powered by blockchain technology ...

Sources told Bloomberg that Meta could slash the metaverse unit’s budget by up to 30% next year. According to the Times, the ...