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 Reality Labs’ CTO Andrew Bosworth has spoken publicly about the recent major VR layoffs at the company, and it really ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal ...
In the last few years, virtual reality (VR) gaming has undergone a dramatic change into the world of the Metaverse. Everyday, as these immersive experiences get more sophisticated, we push the ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...