Disney is cutting costs, and it’s starting with its Metaverse unit. The company is looking to reduce costs across all its divisions, and the first item on the chopping block is the cross-divisional ...

Disney is exiting the metaverse entirely — and laying off around 50 employees from its metaverse division. The move comes as the Walt Disney Co. announced a round of layoffs impacting around 7,000 ...

If you were under any illusion that Disney’s new partnership with Epic Games on a Fortnite-connected “games and entertainment universe” was a traditional video game, that line from Disney’s ...

Epic Games has reportedly delayed Fortnite's Disney Metaverse game indefinitely as it shifts to AI-driven development.

Disney is searching for someone to lead its efforts in the NFT space, but doesn't give specifics around what the metaverse might look like. Disney DIS is looking for someone to aid the entertainment ...

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As part of a companywide cost-cutting effort, Disney has axed its cross-divisional Next Generation Storytelling & Consumer Experiences group, which encompassed the Mouse House’s metaverse ambitions.

Disney has reportedly cut its Metaverse division in what is expected to be the company’s first round of layoffs. According to the Wall Street Journal, the 50-person team was intended to lead the ...

DIS has partnered with AAPL for the Vision Pro spatial headset by offering Disney+ streaming content and interactive 4D gameplay experiences. This partnership could boost DIS' revenue from 2024 ...

Disney (NYSE:DIS) stock has been gaining a bit of ground lately following its stellar quarterly earnings report. It wasn't just the better-than-expected numbers but recent moves, including taking a $1 ...

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