Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes ...

Meta Platforms and Walt Disney are compelling buys for value investors in the new year.

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

The heaviest hit facility is the Reality Labs office in Redmond, followed by the Spring District office in Bellevue, ...

Meta is reducing its virtual reality workforce and closing studios. This move comes as VR headset sales have not met expectations. The company is reallocating resources from VR projects to focus on ...

In light of Reality Labs’ reorganization, which has seen recent internal studio closures and layoffs, Oculus founder Palmer ...

While a flurry of VR studio cuts and closures in the last 12 months has painted a picture of a deeply struggling landscape ...

Major technology firms that once dominated investor portfolios are watching their market value crumble as the rise of ...