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

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the ...

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

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

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

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

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

"Meta is planning to build tens of gigawatts this decade, and hundreds of gigawatts or more over time." New report reveals ...

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

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