Meta has laid off thousands of employees in its business units, ending the third stage of cuts that were announced in March as part of the company’s efficiency drive. The latest layoffs hit employees working on business teams including advertising sales, partnerships and communications, according to current employees. The cuts same after Meta laid off thousands of employees in technical...
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Don’t Count the Metaverse Out
The technology hype cycle would have us believe that the metaverse—so recently the darling of digital trendsetters—is on the decline, its place usurped by generative artificial intelligence. Yet this narrative, while superficially attractive, is a fiction. The truth is that emerging technologies are part of a synergistic ecosystem. Rather than heralding the demise of the metaverse,...
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