Over 1,000 Meta employees started off 2026 on a bleak note — they were laid off in mid-January from Reality Labs, the company's Virtual Reality (VR)-focused division.

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

Meta's losses on VR and what was once going to be the life-altering Metaverse are actually up on 2024, when it hosed $17.7 ...

What failed as consumer hype is reemerging as infrastructure for AI agents, autonomous transactions, and machine-to-machine ...

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

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...

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

Fans felt excitement over 7 AR picks as the category flipped from demos to products. This matters now because Meta and others quietly shifted strategy ...

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

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

After years of failing to produce a profitable augmented reality platform, Mark Zuckerberg’s Meta is pounding one of the final nails into the coffin of its metaverse efforts — the ones that were once ...

Meta Platforms META1.72%increase; green up pointing triangle has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses its virtual and augmented ...