Facebook wants to replace in-person business meetings and Zoom calls with a virtual reality world where people are represented by avatars. The company revealed its plans with an open beta test of ...

Facebook was early to virtual reality. In 2014, it paid $2 billion to buy the headset start-up Oculus VR. At the time, Mr. Zuckerberg promised that the technology would “enable you to ...

But with virtual reality, the terms of that connection have been upped exponentially. “We’ve connected 1.65 billion people through Facebook,” Zuckerberg says.

Since buying the small virtual reality startup Oculus eight years ago, Meta has become the dominant player in the space, claiming 90 percent of all virtual reality headset sales. The FTC has noticed.

Virtual reality has changed the world in more ways than one. The concept first emerged in science fiction, so how has it ...

WASHINGTON, July 27 (Reuters) - The U.S. Federal Trade Commission sought a court order on Wednesday to block Facebook parent Meta Platforms (META.O), opens new tab from buying virtual reality (VR ...