Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Meta (META) is reportedly cutting at least 10% of its metaverse staff as it continues to shift resources to developing ...

Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...

Meta is shifting gears as a bold business venture faces significant challenges.

Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...