Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...
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 ...
While the metaverse is often seen as a joke in 2025 because of low user counts and poor financial performance (take Meta's Reality Labs division and its continued losses, estimated by Statista at $70 ...
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.
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 ...
Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...
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