Meta confirmed on Thursday that it had let go of an unspecified number of employees in its VR and hardware unit, Reality Labs. The cuts also affected Meta’s virtual reality fitness app, Supernatural.

In a strategic move set to redefine the landscape of artificial intelligence, Meta Platforms, the parent company of Facebook, Instagram, ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. Stream NBC 5 for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality ...

Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality and related wearable devices. The cuts affected an unspecified number of ...

(Reuters) -Facebook parent Meta Platforms put profit from its virtual-reality platform over safety, two former researchers told a Senate panel on Tuesday. Former Meta user experience researcher Cayce ...

Meta Platforms Inc. META has laid off an undisclosed number of employees from its Reality Labs division, which focuses on developing virtual and augmented reality technologies. What Happened: The ...

Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company's metaverse division in 2026, according to ...

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...

Does anyone still remember the metaverse? You may understandably have zapped it out of your brain to make room for more useful information but, to jog your memory, "metaverse" is a word Mark ...

Meta is downsizing its virtual reality division. Meta confirmed to The Verge on Thursday that it had laid off an undisclosed number of employees in its virtual reality and hardware unit, Reality Labs.