The Great Metaverse Reversal; Netflix Grows The Catalogue | AdExchanger
The metaverse failed financially, leading Meta to slash Reality Labs spending and pivot toward AI while other tech firms pursue alternative revenue like live sports.
Meta Shuts Down The Studios Behind Deadpool VR, Asgard's Wrath 2, and Resident Evil 4 VR
Meta closed Twisted Pixel, Sanzaru, and Armature Studio, sharply reducing first-party AAA VR game development capacity for Quest as it shifts focus to wearables.
Meta Poached Apple's Top Design Guys to Fix Its Software UI
Meta hired Alan Dye and Billy Sorrentino from Apple to lead a Reality Labs design studio focused on next-generation AI hardware, software, and improved user interfaces.
Mark Zuckerberg Just Got Some Powerful New Competition for AI-Enhanced Wearables | The Motley Fool
Apple's entry into AR wearables threatens Meta's VR dominance by offering advanced, mainstream-friendly devices that could outcompete Meta's niche, costly headsets.