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

The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

In a recent interview with Meta’s current CTO Andrew Bosworth on his “Boz to the Future” podcast, Carmack said that although he’s still quite “bullish” on virtual reality itself, he thinks his ...

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...

Meta CEO Mark Zuckerberg apparently lost a flabbergasting $14 billion — yes, that’s a”billion” with a “b” — dollars last year on his metaverse moonshot. Comparatively, the Reality Labs division only ...

The metaverse is no place for kids, according to a group of more than 70 advocates for children's rights and online privacy. Those concerned are asking Facebook's parent company, Meta, to abandon its ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

“Metaverse” is one of the most confused, least understood concepts being thrown around today. So, it’s only fitting that the latest earnings report from the Meta Platforms (NASDAQ:FB) formerly known ...