Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

As Meta reshuffles its priorities to focus on AI, its budget cuts and layoffs are impacting developers in Austin.

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta stock was rising slightly. The Facebook parent is accelerating its pivot away from virtual reality, just over four years ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

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