The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

Meta is turning its back on VR gaming. That’s the feeling many, myself included, are feeling after the reports that Meta has ...

Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s ...

Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...

Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...

The jobcuts will impact about 10% of Meta’s hardware division, including teams working on Quest VR headsets and the Horizon ...

Apple launches a "toolkit" priced at 199,000 VND/month for content creators; Mark Zuckerberg struggles with AI strategy, ...

Reality Labs houses the company’s hardware and other futuristic product efforts Read more at The Business Times.

With this, the Facebook-owner is stepping scaling down its efforts on Virtual Reality (VR) and "metaverse-first" vision which ...

That rivalry never materialised, and the metaverse hasn’t taken off in the way that chief executive officer Mark Zuckerberg ...