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 ...
Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...
Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...
Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.
After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...
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 stock jumped after Q4 earnings showed AI-driven ad growth is paying off, easing fears that Meta’s AI push will repeat its metaverse mistakes.
Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...