The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

There's only one life-giving product from Meta. Zuck just killed it.

A big shakeup at Reality Labs.

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual reality projects in a big way. Meta started cutting jobs this week in its ...

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...