Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal ...
The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.
Batman Arkham Shadow was a critical hit for Meta Quest VR, but the company has cancelled the upcoming sequel. Not even Joker ...
In the last few years, virtual reality (VR) gaming has undergone a dramatic change into the world of the Metaverse. Everyday, as these immersive experiences get more sophisticated, we push the ...