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What happened to the metaverse?
Source: itweb.co.za 20 Jun 2026.
A few years ago, the metaverse seemed unavoidable. Technology companies invested billions. Consultants forecasted trillions in economic value. Executives appointed metaverse leaders. Investors bought virtual land. Analysts spoke confidently abo...more >

Quote of the day by Mark Zuckerberg: 'Metaverse isn't a thing a company builds. It's the next chapter of the internet ...
Source: techradar.com 12 Jun 2026.
The embodied internet, the metaverse, the Tron system; however you want to describe this idea of "cyberspace" – first conceptualized by author William Gibson in the 1980s – these virtual worlds haven never truly materialized. When the COVID-19 ...more >

Meta's Metaverse lead quietly left 4 months ago
Source: businessinsider.com 3 Jun 2026.
Meta's metaverse division has a new leader — again. The latest executive shuffle inside Reality Labs comes as Meta continues to scale back parts of its metaverse ambitions and pour billions into AI, raising questions about where the company's vi...more >

Meta’s 20% De-Rating Looks Hard to Defend Against 33% Revenue Growth
Source: uk.investing.com 1 Jun 2026.
Meta Platforms is changing hands near $632, sitting just below its prior close of $635.29 inside a tight $623.35 to $634.50 session range, on volume of roughly 19.8 million shares against a daily average near 15 million. That’s an orderly, slightly eleva...more >

A Need for Physical Interaction? Why the Metaverse Failed
Source: chronogram.com 26 May 2026.
It’s just over four and a half years since one of the biggest rebrands in Big Tech history took place. On October 28, 2021, Mark Zuckerberg announced that Facebook, Inc. would become Meta, and that the focus for the company would be on building a ...more >

Meta's Strategic Shift from Metaverse to AI: What Investors Need to Know
Source: valuethemarkets.com 20 May 2026.
Meta has announced significant layoffs and hiring freezes, impacting around 14,000 roles in a strategic pivot towards artificial intelligence. This represents nearly 10% of its workforce and underscores a shift from its previous focus on the metaverse a...more >

Cover Shutting Down Hololive Holoearth Metaverse
Source: siliconera.com 14 May 2026.
Holoearth, a Cover metaverse designed to be a means to hold concerts for Hololive Vtubers, interact with performers, and both take part in events and games, will shut down on June 28, 2026. All sales of premium currency ended immediately, and the ...more >

Why Yat Siu rejects the metaverse
Source: crypto.news 7 May 2026.
Animoca Brands chairman Yat Siu told Consensus Miami 2026 on Thursday that the metaverse, as the crypto industry imagined it during the pandemic, was never really built for humans. “Where we’re landing is that the metaverse, the blockchain-bas...more >

Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
Source: fortune.com 1 May 2026.
Despite strong first-quarter results, Meta’s stock plummeted nearly 9% Thursday, thanks in part to a drop of 20 million users and a massive spike in AI spending even as the company continues to pour billions into its metaverse and virtual reality division, ...more >

Penny stock continues hitting upper circuit after 1:10 stock split, OFS, bonus issue announcement
Source: livemint.com 27 Apr 2026.
String Metaverse share price hit 5% upper circuit for the fourth straight session on Monday after the company announced completion of its offer-for-sale (OFS) and a proposal for bonus issue of shares. The penny stock has jumped 20.4% in four sessi...more >

Leading Companies Enhancing Their Presence in the Metaverse in Surgical Operations Market
Source: openpr.com 21 Apr 2026.
The integration of cutting-edge technologies in healthcare is transforming how surgical procedures are planned and executed, with the metaverse playing a pivotal role in this evolution. This emerging market promises to revolutionize surgical opera...more >

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