#virtualrealityinfiction

[biglisbonnews]

Meta, Microsoft, and Disney are reversing their bets on the metaverse Less than two years after it announced itself with pomp and glitz, could the metaverse be headed for a gradual but certain death?Read more... https://qz.com/meta-microsoft-disney-are-reversing-metaverse-bets-1850277328

[biglisbonnews]

Disney’s first round of layoffs knocked the metaverse off its priority list The Mouse House is moving away from the metaverse.Read more... https://qz.com/disney-layoffs-metaverse-unit-1850272393

[biglisbonnews]

Meta announced another 10,000 people will be laid off as part of its "year of efficiency" Meta announced another round of layoffs affecting about 10,000 employees, or about 13% of its global workforce, on Tuesday (March 14). CEO Mark Zuckerberg announced the downsizing in an update to the company’s “year of efficiency” plan, a blueprint for making Meta more profitable amid a squeeze in the tech industry.Read more... https://qz.com/meta-layoffs-2023-tech-metaverse-mark-zuckerberg-1850224054