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 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 ...

Antonio Ruiz-Camacho was a principal writer covering personal finance. Prior to this, he was with Bankrate Credit Cards and CreditCards.com, where he led the editorial team for nearly five years. His ...

Talk of the metaverse has been all the rage lately. Ever since Facebook (FB) – soon to be Meta - announced a change in strategy, investors have been trying to figure out which is the next big ...

Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services. Now it's hoping to keep up with the times again by preparing for 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. The notice for manager of business development posted on the ...

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 ...

Perhaps it's just a matter of time before Disney (NYSE: DIS) joins the metaverse, but what direction will the company go? In this clip from "The Virtual Opportunities" on Motley Fool Live, recorded on ...

Probably should have seen this one coming, but now Disney's joining basically everyone else on the metaverse bandwagon. In its full-year earnings call today, Disney CEO Bob Chapek brought up the idea ...

Jay Peters is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Disney is appointing an executive to head up its metaverse plans, ...

The company has many options with its compelling IP catalog. Travis Hoium: Yeah, so there was an interesting article from CNBC that talked about the dynamic between Bob Iger and Bob Chapek, who is the ...