Disney has eliminated its entire metaverse division of roughly 50 people, according to a new report from the Wall Street Journal. And while most people are still confused about what the “metaverse” is ...

The roughly 50 person-strong team is believed to have been cut in the company’s first round of layoffs. Disney plans to reduce its headcount by around 7,000 employees overall. The roughly 50 ...

The partnership between Disney and Epic continues, this time with theme park-inspired minigames. The partnership between Disney and Epic continues, this time with theme park-inspired minigames. is ...

The future of the metaverse looks shakier than anyone can imagine. Tech companies that have bought into the concept fully—like Facebook-turned-Meta and Disney—are facing the realities of building out ...

While the recent rise in spending is no match for the heady growth rates of revenue from metaverse products, but according to ...