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 ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

“Virtual reality was once the dream of science fiction,” Mark Zuckerberg wrote today announcing Facebook’s acquisition of Oculus VR. “But the internet was also once a dream, and so were computers and ...

(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 ...

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.

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.

At an event in Silicon Valley, the company exhibited a range of products meant to blend the real world and virtual reality, with a healthy dose of A.I. By Mike Isaac Reporting from San Francisco Mark ...

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 ...