In 2021, Zuckerberg said Facebook was becoming a metaverse company. He's stopped saying that — but he's still putting money into metaverse-y things.
Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division and a cheaper offering than its predecessor. The device will go on sale on Oct. 15 ...
Meta is ramping up its fledgling robotics effort by hiring AI talent and moving one of its most influential hardware leaders to that team. Li-Chen Miller, who led Meta's smart glasses portfolio, ...
Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...
Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...
Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person workforce — as early as this week as the company pivots hard toward artificial ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the VR industry. "The market has spoken," said Jitesh Ubrani, an analyst for ...
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With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products, The New York Times reported. The publication noted that Reality Labs ...