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

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in ...

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

Mark Zuckerberg scales back Meta's metaverse ambitions after £57 billion ($70 billion) investment falls flat, cutting ...

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...

In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

RP1's special launch event on December 8 at 10:00 a.m. PT will offer a deep dive into the architecture, browser, and development tools now available.

Meta has announced 30% budget cuts to its metaverse plans for 2026, expecting to reduce operating costs with regard to the ...

Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI ...

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