Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

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 ...

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

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

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

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

The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...