Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...

Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.

That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

The metaverse hasn’t taken off in the way that Chief Executive Officer Mark Zuckerberg envisioned when he renamed the company ...

Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...