Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

A big shakeup at Reality Labs.

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

University of Washington professor Pedro Domingos criticized Meta CEO Mark Zuckerberg's timing for key technologies. Domingos ...

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

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

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...

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