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 ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.

Magnificent Seven stocks are supposed to be the market’s premier performers, particularly in the realm of technology and ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

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

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails appeared first on Futurism.

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...