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

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 ...

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

A big shakeup at Reality Labs.

Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...

The heaviest hit facility is the Reality Labs office in Redmond, followed by the Spring District office in Bellevue, ...

Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...

Curran estimates that between 70% and 80% of all virtual reality revenue comes from the Meta store, meaning that the company's decision to reduce focus on the VR business has a detrimental effect on ...

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 ...

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 ...

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