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A study commissioned by Meta has found that the metaverse could contribute up to $760 billion, or 2.4% of the US GDP by 2035, covering sectors such as augmented and virtual reality technologies.

Child safety advocates have written a letter to Meta CEO Mark Zuckerberg, asking him to stop plans to make his metaverse, Horizon Worlds, open to younger audiences, or risk losing their trust again.

It seems that Avatars for Microsoft Teams will hit general availability in May 2023. Powered by the Microsoft Mesh MR platform, these personalized creations will allow you to take camera breaks.

In order to make 2023 a "year of efficiency", Meta CEO Mark Zuckerberg is looking to lay off thousands of employees, potentially within the next week or so, in order to meet financial targets.

US senators have shared their concerns about opening access of young adults to Meta's virtual reality space Horizon Worlds, which puts them at risk of potential harm and privacy issues.

Meta has revealed its AR products roadmap for the next four years, during which the company will finally launch the much-awaited AR glasses that could potentially be the successor of smartphones.

Spotify has launched a partnership with Kingship, who are a metaverse band signed to Universal Music Group (UMG), which allows for playlists that can be unlocked through NFTs in certain regions.

Microsoft recently emphasized that it is fully committed to the HoloLens 2 and mixed reality (MR) space, despite recent events such as the laying off of the entire MRTK team suggesting otherwise.

WhatsApp now has avatars that can serve as your profile picture. Your avatar can also be used in 36 expressive stickers that you can send to friends and family. The update rolls out today.

Meta announced a network timing protocol for its data centers powering its technologies, Precision Time Protocol. The company claims that PTP protocol can sync time down to nanoseconds.

Info-Tech Research Group has said the metaverse will likely disrupt the retail sector in a big way in the years to come. It found that retailers, however, found it difficult to know where to start.

According to a recent report, Meta will announce layoffs this week. The move will impact thousands of employees and will be the biggest headcount reduction among big tech companies this year.

Meta has fallen out of the top 20 U.S. companies after its stock price crashed by 23%. It comes as investors cast doubts on Meta's metaverse investments while the company reports lower earnings.

Altimeter Capital, a long time investor of Meta, has suggested that the social media firm cut a fifth of its workforce and limit spending on the metaverse to increase its free cash flow.

At the Meta Connect 2022, Meta unveiled its VR headset: Meta Quest Pro. It also mentioned collaboration with Microsoft and Accenture to transform and connect workspaces with the Metaverse.

Meta today unveiled its latest all-in-one virtual reality headset, one that's focused on the enterprise market. The Meta Quest Pro has more powerful hardware, mixed reality support, and much more.

Leaked Meta memos have indicated that the company isn't too happy with the progress and feedback of the Horizon Worlds metaverse and is considering forcing employees to use and love the project.

Meta has announced the official date for the annual company event called Meta Connect. The one-day event will be on October 11 where the company plans to disclose new products and upcoming features.

During an interview on The Joe Rogan Experience podcast, Mark Zuckerberg confirmed that the next VR headset from Meta will be announced at Meta's Connect conference in October.

Meta is being sued by META for infringing on its brand name. The two companies had previously been negotiating, but Meta has so far refused to come to the table to settle the matter.

Meta virtual reality headset owners soon won't have to be linked to a Facebook account when using their hardware. Meta accounts and Meta Horizon profiles are replacing the old system.

Meta has built an language model that translates across 200 languages better than the competition at an average of 44%. It has up to 54.5 billion parameters and has been open-sourced on GitHub.

The HTC Desire 22 is a mid-range Android smartphone that is supposed to act as a bridge to the metaverse via the Vive Flow headset. It is priced at £399.00 on the official website of the company.

Facebook Pay has been rebranded as Meta Pay. The company said nothing is changing about the service right now except its name. The rebranding will first occur in the United States, then globally.

Multiple big firms including Meta, Microsoft, Epic Games, and Sony have joined hands to form the Metaverse Standards Forum to build upon spatial technology standards. Apple is suspiciously absent.

Mark Zuckerberg has announced a digital clothing store for Meta users to dress their avatars with branded clothing. Creative individuals will now be able to buy and sell personalized outfits too.

Meta has seemingly paused development on its Apple Watch rival. A prototype of the hardware featured one camera on the front and another on the back, but the latter reportedly interfered with sensors.

Meta is coming up with its first ever retail store on May 9 in its campus in Burlingame, California. Customers can get familiar with Meta's vision of the metaverse and also play with their hardware.

The Horizon Worlds metaverse will have a web version, which means any desktop, laptop, smartphone, and gaming console with a web browser could access the same, and it will have a lower "Meta Toll".

A couple of new reports citing surveys have revealed that teens aren't super-interested in the metaverse with less than half of all respondents showing an interest in purchasing associated hardware.

Meta is planning on charging developers as much as 47.5% commission on sales of all virtual items in the New Horizons metaverse, which is way higher than the 30% Apple Tax that Facebook had opposed.

Meta has outlined two new ways that creators on the platform can earn an income. The first is the ability to sell in-world items such as accessories, and the second is creator bonuses.

Sony and Kirkbi have invested $1 billion each into Epic Games for helping it build the metaverse, while also supporting the company's continued growth. Epic Games has also recently partnered with Lego

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HTC's plans of launching a flagship smartphone with certain metaverse features are finally going to enable the company to come out of its flagship hibernation phase as soon as next month.

Samsung will launch the much-anticipated Galaxy S22 series later today at its flagship store in Decentraland. However, the Korean giant will also have a live stream on YouTube and the Newsroom page.