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Man who gave Mark Zuckerberg the word ‘Metaverse’ and watched him lose $80 billion, has advice for him: Pick a…

Neal Stephenson, the author who coined “metaverse,” says Meta’s $80 billion VR failure was largely self-inflicted. He argues the real metaverse never needed goggles—Fortnite, Roblox, and Minecraft already are the metaverse, with hundreds of millions of users to prove it. He also says people will never consistently wear things on their faces. His advice to…

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Facebook parent company Meta announces more layoffs at San Francisco office; company says: As we said last month, we are moving some of our investment from Metaverse to …

Meta is cutting over 100 jobs in its San Francisco Peninsula offices, redirecting metaverse investment towards wearable technology. This move follows earlier reductions and a broader company strategy to become leaner and more productive, leveraging AI for increased output. Facebook parent Meta has announced that it will cut 102 more jobs at its San Francisco…

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