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 Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.

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

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

Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its ...

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

Meta Platforms is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported Thursday, citing people familiar with the discussion. The Facebook parent’s shares ...

Meta has announced the discontinuation of its work-oriented metaverse, Horizon Workrooms, effective from February 16, 2026.

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

Facebook whistleblower Frances Haugen was “shocked” when she heard the company planned to hire 10,000 engineers in Europe to work on the “metaverse,” a version of the internet based on virtual and ...