After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...
Meta may have scrapped its Horizons Worlds platform, but new spaces are emerging where companies can gather unprecedented insights on customer behavior and intention.
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 ambitions.
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 ...
In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
Meta's Reality Labs division incurred a staggering $19.19 billion loss in 2025, with similar figures expected for 2026. CEO ...
Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...
Even with all the excitement around AI and VR in 2022, it wasn’t all smooth sailing. There were some pretty big roadblocks ...
The budget cuts aren’t yet finalized, but they could impact the team that works on Meta’s Quest headsets and Horizon Worlds, Bloomberg reports. The budget cuts aren’t yet finalized, but they could ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...