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 ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

Meta Platforms (META) is reworking its long term story by cutting back on metaverse projects, redirecting capital into AI infrastructure and smart glasses, and bringing Dina Powell McCormick into a ...

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

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

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

Meta stock was rising slightly. The Facebook parent is accelerating its pivot away from virtual reality, just over four years ...

Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...