People love to poke fun at the failures of the VR industry, but if you look a little more closely, you'll find a vibrant ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 positions as the tech giant pivots decisively away from its ambitious metaverse ...

Oculus VR shaped modern virtual reality like hardly any other company and now threatens to disappear for good. It's time for a look back.

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...

Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter. The ...

Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company's metaverse division in 2026, according to ...

Meta's virtual reality unit, Reality Labs, suffered a staggering $19 billion loss last year, with no signs of improvement for ...