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 ...

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 ...

Walt Disney Co. (NYSE:DIS) has pulled the plug on one of its units engaged in developing metaverse strategies, as part of its plan to reduce headcount. What Happened: Disney shuttered its metaverse ...

If you were hoping to get some real estate in Toontown or get married at digital Disneyland or something along those strange virtual lines, well, you’re out of luck. Disney is getting out of the ...

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 ...

Disney scrapped its fledgling metaverse unit as part of the company’s layoff plan, resulting in the unit’s entire staff — roughly 50 employees — losing their jobs. The shutdown is reportedly a ...

Disney has a long history of creating fantastical worlds, but even the Mouse House now seems to be pulling back from the metaverse. The metaverse was a pet project of former CEO Bob Chapek, who called ...

Disney is eliminating its metaverse unit as part of its plan to lay off 7,000 workers that will save the company billions of dollars, a source familiar with the situation told The Hill. The Wall ...

Growing conversations around the metaverse across multiple sectors show that organizations are increasingly looking to throw their weight behind this nascent immersive world. This new virtual world ...