After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails appeared first on Futurism.

There's only one life-giving product from Meta. Zuck just killed it.

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 ...

DUBLIN--(BUSINESS WIRE)--The "Global Metaverse Market (2024 Edition): Analysis By Product (Hardware, Software and Services), By Platform, By End User Industry, By Region, By Country: Market Insights ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

So I was recently hanging out on a packed floor at a video game conference here in Los Angeles, when I entered this totally alternate reality. I'm surrounded by blackness but also huge company logos ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...