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Nalezeno "what is the metaverse": 2617

Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

1.8.2025
While several companies, including Meta, invested billions to make the metaverse work, these investments failed to pay off, and industry titans have moved on. Was it a case of failed incentives, or is it still too early to call it off? Remember the Metaverse? We Do, Even if It Failed The promise...

Meta Lays off Over 100 Metaverse Division Employees

27.4.2025
Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware....

MahaKumbh signaled India’s readiness for the metaverse

27.3.2025
Opinion by: Shubham Kukrety, co-founder and CEO at QuoteIt Strange sights were seen as India recently concluded MahaKumbh, a Hindu congregation that occurs once every 144 years.Every day, a man took dips at Sangam — the triple confluence of rivers Ganga, Yamuna and Sarasvati — with...

Pirating pioneer Napster sells for $207M with plans for music metaverse

26.3.2025
Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse. Infinite Reality said in a March 25 statement that Napster would offer “branded 3D virtual...

Napster's Corpse Sold To Metaverse Company For $200+ Million

25.3.2025
Napster, a once-popular website people used in the late ‘90s to illegally share music online that went bankrupt in 2001, has been sold for $207 million to a 3D technology company with plans to bring the brand into the metaverse. Read more

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