The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out. The first Big Tech layoffs of 2026 have happened. This week, Facebook ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Facebook parent company Meta's Reality Labs metaverse-focused division generated $2.2 billion in revenue for the 12 months ending December 31st, 2025, but clocked up a $19.2 billion operational loss.
(Reuters) - Facebook Inc's virtual reality unit Oculus VR is facing a lawsuit alleging it incorporated without authorization a smaller competitor's patented technology into its Rift headset. Techno ...
As it seeks to build AI tools many users don’t want, Meta Platforms Inc. has sacrificed a high-quality product adored by droves. Supernatural, the virtual reality fitness app, is being wound down as ...
Facebook owner Meta has burned an astronomical amount of cash developing its augmented and virtual reality products — but none of them have really caught on yet. As Yahoo Finance reports, the Mark ...
MENLO PARK, Calif. — Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms. Workrooms lets people meet remotely in a virtual space populated by avatars.
Facebook's purchase of virtual reality company Oculus for $2 billion has turned tech theorists into futurists. What plans does the world's biggest social network want with an unproven helmet gizmo?