Business

Shares of Facebook parent Meta plunge 23% on lower profits

Newly renamed Meta is investing heavily in its futuristic "metaverse" project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast ...

Consumer & Gadgets

Metaverse gets touch of reality at CES

A jacket equipped with sensors that let wearers feel hugs or even punches in virtual reality was among the innovations giving the metaverse a more realistic edge at the Consumer Electronics Show.

Internet

EXPLAINER: What is the metaverse and how will it work?

The term "metaverse" is the latest buzzword to capture the tech industry's imagination—so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea.

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