The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...

Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...

Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

The cuts represent roughly 10% of the division's workforce and signal Meta's accelerating pivot away from its metaverse ...

The planned reductions will disproportionately impact teams working on VR headsets and the company's VR-based social network ...

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

Meta has appointed former Trump adviser Dina Powell McCormick its new president and vice chairman as the social media titan ...

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.