The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

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

After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person ...

After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.

Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...

Meta has been chasing it for years. So has the rest of big tech. But consumers still aren't buying AR or VR headsets.

Meta executive Dilmer Valecillos assures the public that the tech giant is not abandoning virtual reality, despite recent ...

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

Meta is cutting back investment in VR. The department dealing with it is facing major layoffs, and three studios will be ...

Meta CEO Mark Zuckerberg said on Tuesday that his company's newest virtual reality headset, dubbed the Meta Quest Pro, will cost $1,500 and start shipping on Oct. 25. Zuckerberg debuted the device at ...