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 Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

A big shakeup at Reality Labs.

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and Sanzaru in 2020. The company closed Echo VR developer Ready at Dawn, which it ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

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 ...

Meta has closed at least three of its XR studios, and seems to have also drastically reduced its budget for third-party Quest ...

The International Boxing Association (IBA) is set to launch its Global Boxing House Metaverse which is claimed to "usher in a ...