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 ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...

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

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual conference room that can be accessed using the Facebook parent’s VR headsets.

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 ...

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

(Reuters) -Facebook parent Meta Platforms put profit from its virtual-reality platform over safety, two former researchers told a Senate panel on Tuesday. Former Meta user experience researcher Cayce ...

Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company's metaverse division in 2026, according to ...

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...