In an unexpected move, The Walt Disney Company recently announced it is scaling back its metaverse division, part of a broader restructuring effort for the iconic entertainment giant. The division, which had been growing rapidly since its inception over three years ago, was responsible for the development of new interactive virtual experiences and the implementation… Continue reading Disney cuts metaverse division as part of broader restructuring
Tag: metaverse
Inside the metaverse hype train at MWC 2023
As this year’s Mobile World Congress (MWC) in Barcelona unfolded, the buzzword of the moment was “metaverse”. This term, coined by science fiction author Neal Stephenson in his 1992 novel “Snow Crash”, describes a virtual reality world built from the collective imagination of its users. People can work, interact, and even attend virtual events within… Continue reading Inside the metaverse hype train at MWC 2023
Why Meta Is (and Isn’t) Driving the Metaverse Conversation
When the concept of the metaverse was first introduced in science fiction writer Neal Stephenson’s 1992 novel Snow Crash, the idea seemed too futuristic and fantastical to ever become a reality. Today, however, the metaverse is a topic of serious debate and discussion, as more and more companies and individuals explore the potential of a… Continue reading Why Meta Is (and Isn’t) Driving the Metaverse Conversation