Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...
Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...
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 ...
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 ...
The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...
Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...
Meta is shifting gears as a bold business venture faces significant challenges.
Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.