Road to VR

Meta CTO: Metaverse Efforts Led to a “lack of focus” on Quest “at expense of user experience”

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly ...
CMSWire

Is the Metaverse Making a Comeback in Agentic Commerce?

What failed as consumer hype is reemerging as infrastructure for AI agents, autonomous transactions, and machine-to-machine ...

Meta cuts over 1,000 jobs in major metaverse retreat

Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...

Well, there goes the metaverse!

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 has closed three VR studios as part of its metaverse cuts

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

Meta Lays Off 1,000+ Workers as Metaverse Focus Shifts to AI

Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...

Meta Begins Job Cuts as It Shifts From Metaverse to AI Devices

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
Blockonomi

Meta Stock: Company Dumps 1,500 Metaverse Jobs After $70B Loss

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta Cuts Metaverse Jobs As It Doubles AI Glasses Output

According to people familiar with the talks, Meta and manufacturing partner EssilorLuxottica are discussing doubling ...
NewsBytes

Meta cuts 1,000+ jobs at metaverse unit amid wearables push

Meta has confirmed layoffs in its Reality Labs division, cutting around 1,000 jobs as it shifts focus towards wearable ...

Meta is closing down three VR studios as part of its metaverse cuts

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...

‘We’re going to let VR be what it is’ — Meta finally explains its layoffs, as it outlines a new vision for the metaverse that feels awfully familiar

Meta Reality Labs’ CTO Andrew Bosworth has spoken publicly about the recent major VR layoffs at the company, and it really does sound like Meta isn’t fussed about VR anymore – but its metaverse sounds ...