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.

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 ...

Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

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 has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.

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

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

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...

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

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...