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 ...

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

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 ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

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 ...

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...

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