Author: Lakshmi Varanasi

Meta’s CTO was asked whether the term ‘metaverse’ did more harm than good. He chuckled and compared it to the early confusion over the word ‘internet.’

Meta's CTO, Andrew Bosworth, hosted a Q&A session on Instagram on Monday where he said the term "metaverse" lacks definition.

Mark Zuckerberg’s metaverse just keeps losing money, as Meta’s Reality Labs division posts a loss of $13.7 billion for the year

Reality Labs, the business and research unit of Meta that focuses on the metaverse, reported a loss of $4.28 billion in its most recent quarter.