Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...
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 is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
The reported financial losses follow a series of layoffs at the VR unit.
Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and Sanzaru in 2020. The company closed Echo VR developer Ready at Dawn, which it ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
The International Boxing Association (IBA) is set to launch its Global Boxing House Metaverse which is claimed to "usher in a ...