It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...

After building dedicated apps for Meta’s Quest and other VR headsets, Atlas Obscura expands to HTC’s Viverse platform. This ...

Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...

After years of pouring billions into virtual worlds that failed to take off, Meta is preparing to shrink its metaverse ...

Years after Meta renamed itself for the metaverse, the company is reportedly rethinking the cash-burning boondoggle ...

Meta Platforms is reportedly planning to cut its metaverse budget by 30% next year, potentially leading to layoffs within the ...

Meta CEO Mark Zuckerberg today announced plans to launch a creative studio that will be led by former Apple UI designer Alan Dye. As we learned earlier today, Dye is leaving his position as Vice ...

According to reports first published by Bloomberg, Meta executives have discussed major funding cuts within the Reality Labs ...