Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.

Meta's Horizon Worlds pivots to mobile focus, scaling back VR efforts. This strategic shift positions it against platforms ...

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Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

Add Yahoo as a preferred source to see more of our stories on Google. The metaverse has captured the attention of tech developers, marketers, and users alike. Envisioned as the digital world of the ...

VR headset sales were down in 2022, reflecting waning interest in a buggy metaverse. Even if consumers wanted to engage with this technology, the current price of headsets makes it inaccessible for ...

The metaverse concept garnered significant interest during the COVID-19 pandemic. While it has since lost its luster for enterprise businesses, it could soon regain some traction. The metaverse is a ...