meta platforms
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68 Days Into 2024 And 8300+ Video Game Layoffs Have Been Announced
11We’re now 68 days into 2024 and layoffs have already caused the video games industry to shrink by 8,300+ jobs.
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Take-Two CEO ‘Sceptical’ Of Metaverses Filled With Empty Land Supposedly Worth Millions
The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA and Borderlands publisher Take-Two, predicts…
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Facebook’s Latest Financial Results Show It Has Lost Nearly $US20 ($28) Billion To VR Since 2020
A metaverse filled with digital worlds and avatars might be coming someday, but it won’t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company’s virtual reality-focused department has lost $US2.96 ($4) billion so far. This continues a trend…
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Meta’s Brings ‘Personal Boundary’ to Horizon Worlds and Venues to Keep Creeps at Arm’s Length
Because there’s no escaping creeps on the Internet, Meta (formerly known as Facebook) has launched a new “Personal Boundary” feature for its virtual reality platforms to combat harassment.