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 is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...
The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end. Meta, which rebranded itself around a ...
The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.
Staffing cuts at Facebook's parent company, Meta, are signaling a decline in virtual reality products in favor of AI, ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Oculus founder Palmer Luckey said Meta's VR cuts targeted subsidized game studios that were crowding out developers and ...
The future of Meta's virtual reality ambitions now rests largely with consumers. The immersive virtual worlds that prompted ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...